Airlines shares soar on cut in ATF prices

Shares of listed airlines, Jet Airways and SpiceJet, are trading higher after Airline Turbine Fuel (ATF) prices were cut by 12.5% in Delhi.
 
Jet Airways has gained over 5% to Rs 405.30 in BSE. The stock opened at Rs 385.25 and has hit a high of Rs 410 while around 4 lac shares have changed hands on BSE and NSE combined.
 
Shares of SpiceJet have gained around 5% to Rs 18.05 in BSE. The stock opened at Rs 17.50 and has hit a high of Rs 18.50 while around 78 lac shares have changed hands in BSE. The stock is not listed on NSE.