SpiceJet & Jet Airways fall 3-4% on hike in aviation fuel prices

Today, Aviation companies like Jet Airways & SpiceJet fell down by 3-4 per-cent in early trade following increase in aviation fuel prices. IOC, on Feb 29, raised aviation turbine fuel prices in Delhi by 4,174.49/kl to 39,301.31/kl rupees. Click for Free Trial

At 9 O 'clock IST, the scrip of Jet Airways was quoting at Rs 485.20, down Rs 6.70, or 1.36 per-cent & SpiceJet was at Rs 61.25, down by 1.37 per-cent. Moreover, InterGlobe Aviation bucked the trend, up 2.16 per-cent to Rs 827.50.

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Today's stock market updates 19 Feb, 2016

Telecommunication stocks reformed in the trading session after reports emerged that Telecom  Commission may discuss the liberalisation of 800MHz spectrum in circles that lack market-determined prices. in the meantime, energy stocks witnessed heavy selling with Hindustan Petroleum & IOC losing the most.

Banking sector shares earned for the 2nd straight day, with public sector banks taking the lead. The gov is about to set up a "bad bank" to take over the non-performing assets.

Talking about specific stocks, Jet Airways went high as much as 2.82 per-cent after media reports told that the UAE-based Etihad Airways, which has 24 per-cent stake in Jet Airways, is going to increase its holding to 49 per-cent.

SpiceJet overflowed more than 4.11 per-cent after the company showed highest ever passenger load factor for the 9th consecutive month.

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Seven stocks which are in focus today 6 Jan, 2016

Commodity tips, focusing stocks which are in focus today:

1. Piramal Enterprises Ltd

2. Tech Mahindra Ltd

3. Narayana Hrudayalaya Ltd

4. SpiceJet

5. Tata Power

6. Reliance Power

7. Thomas Cook India Ltd

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Contact No. 9977785000

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Happy new year sale: SpiceJet offers fares starting at Rs 716 28 Dec, 2015

 

Today, SpiceJet Low cost carrier declared the launch of its 'Happy New Year Sale' for their customers. Being a part of this sale, one-way base fares starting at Rs 716 (excluding taxes) for some very popular routes on the local network.

The 3-day sale declared today will be open till midnight, Dec 31, 2015. The travel period covered in this sale is from 15th Jan 2016 to 12th April 2016 & is valid only for travel on direct flights on SpiceJet's local network.

Tickets for this sale can be booked on all channels of Spicejet , mobile app, travel portals, travel agents & call centre. Money under this offer are refundable only taxes and fees and changeable with a change fee & payment of fare difference.

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