Aviation shares gain; Jet Airways up 5% in intra-day

Jet Airways (India), InterGlobe Aviation (which run IndiGo) and SpiceJet were up 2% to 5% on BSE in intra-day trade.

Shares of all three listed aviation companies – Jet Airways (India), InterGlobe Aviation (which run IndiGo) and SpiceJet – rallied 5% on BSE in intra-day trade after the domestic air traffic first time cross the 100-million mark in 2017.

Jet Airways (India) has surged 5% to Rs 824, while InterGlobe Aviation was up 4% to Rs 1,244, and SpiceJet by 2% at Rs 125 on BSE in intra-day deal on Tuesday.

At 11:43 AM; these three stocks were trading 1% to 3% higher as compared to 0.65% rise in the S&P BSE Sensex. In past one month, the