Aviation stocks take off
SI Reporter/Mumbai 04 Dec 12 | 10:58 AM
Aviation stocks - Jet Airways, Kingfisher Airlines and SpiceJet took off in morning trades after oil company Indian Oil Corporation announced a cut in aviation fuel in all four metros with effect from December 01, 2012.
Jet Airways and SpiceJet were up 4% each and were the top gainers from the pack. Meanwhile, Kingfisher Airlines lagged with a 1.5% gain.
SpiceJet witnessed over 3.6 million shares changing hands followed by Kingfisher at 1.2 million and nearly six lakhs shares of Jet Airways were traded.
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Sensex
| Company | Price | Gain (%) |
|---|---|---|
| Bharti Airtel | 299.70 | 2.83 |
| Hindalco Inds. | 104.20 | 2.66 |
| Sterlite Inds. | 85.25 | 2.65 |
| Jindal Steel | 245.80 | 2.52 |
| Tata Steel | 290.55 | 2.05 |

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