Airline stocks had bucked the weak broader market sentiment and ended with up to 3 per cent gains Thursday.
These stocks had surged up to 8 per cent in Wednesday's trading session also.
After petrol and diesel, the government Wednesday cut excise duty on jet fuel to 11 per cent to give relief to the aviation industry that has been hit hard over recent weeks by rising fuel prices and plummeting rupee.
Easing crude prices also supported aviation stocks.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)