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Aviation stocks take off

SI Reporter/Mumbai 04 Dec 12 | 10:58 AM

Aviation stocks - Jet Airways, Kingfisher Airlines and SpiceJet took off in morning trades after oil company Indian Oil Corporation announced a cut in aviation fuel in all four metros with effect from December 01, 2012.

Jet Airways and SpiceJet were up 4% each and were the top gainers from the pack. Meanwhile, Kingfisher Airlines lagged with a 1.5% gain.

SpiceJet witnessed over 3.6 million shares changing hands followed by Kingfisher at 1.2 million and nearly six lakhs shares of Jet Airways were traded.

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