 "Aviation shares in focus ahead of IndiGo listing")
Shares of aviation companies Jet Airways and SpiceJet were trading higher in the range of 2%-3% on the BSE ahead of InterGlobe Aviation in otherwise weak market.
InterGlobe Aviation, which owns low-budget airlines IndiGo, will list on the bourses today. InterGlobe Aviation (Indigo) is India's largest aviation player with a market share of 37.4% as on August 2015 and the seventh largest low cost carrier globally.
SpiceJet has surged 4% to Rs 53.30, also its fresh 52-week high on the BSE. Jet Airways (India) was up 3% at Rs 454. At 09:53 AM, the S&P BSE Sensex was down 0.56% at 25,976 points.
InterGlobe Aviation, which owns low-budget airlines IndiGo, will list on the bourses today. InterGlobe Aviation (Indigo) is India's largest aviation player with a market share of 37.4% as on August 2015 and the seventh largest low cost carrier globally.
SpiceJet has surged 4% to Rs 53.30, also its fresh 52-week high on the BSE. Jet Airways (India) was up 3% at Rs 454. At 09:53 AM, the S&P BSE Sensex was down 0.56% at 25,976 points.
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