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Indigo, SpiceJet can jump up to 8% as intl flights resume, reveal charts

Both, Indigo and SpiceJet had broken major key levels; For reversal to take place these stocks need to conquer near-term hurdles and show sustainability.

Topics
Aviation stocks | SpiceJet stock | IndiGo shares

Avdhut Bagkar  |  Mumbai 



Photo: Bloomberg
Aviation stocks

Shares of aviation sector were seen trading favourably on Wednesday after the government lifted the extended ban of two years on international flights with effect from March 27, 2022. Stocks of prominent airlines witnessed a gap -up boost - zoomed 7 per cent, while Spice Jet was up 4.50 per cent in mid-morning trade.

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First Published: Wed, March 09 2022. 12:06 IST

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