NEW DELHI: Aviation stocks Friday rallied up to 7 % on the BSE even as DGCA’s data showed a slowdown in air passenger traffic in February.
Stock of SpiceJet zoomed 7.04 % to ₹98.10. Intra-day, it rose 14.23 % to touch a high of ₹104.70.
InterGlobe Aviation closed the counter with 0.28 % gains at ₹1,426.85. During the day, it was trading at ₹1,459.30, up 2.56 %.
Similarly, cash-strapped airline Jet Airways advanced 3.60 % to settle at ₹225.85. It had touched an intra-day high of ₹230.