Shares of SpiceJet jumped 4 per cent to hit a high of Rs 65 in an otherwise weak market after the low-cost air carrier reported a settlement deal with aircraft leasing firm, Cross Ocean Partners.
At 12:55 pm, the stock traded with a gain of 2.5 per cent at Rs 64.20. The counter saw trades of around 3.22 million shares as against the two-week average volume of around 4.14 million shares. Meanwhile, the S&P BSE Sensex had recouped losses and was down 0.1 per cent at 73,829.