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Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?

Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias

Topics
Jet Airways stock | IndiGo shares | SpiceJet stock

Avdhut Bagkar  |  Mumbai 



Jet had shut its operations in April 2019 and was taken to the insolvency court two months after by its lenders.

have held their ground so far this week even as the government hiked jet fuel prices by a steep 5.3 per cent - the tenth straight increase this year - to an all-time high, early this week.

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First Published: Wed, May 18 2022. 12:16 IST

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