{"id":464268,"date":"2022-01-28T08:27:30","date_gmt":"2022-01-28T02:57:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=464268"},"modified":"2022-01-28T08:52:32","modified_gmt":"2022-01-28T03:22:32","slug":"aviation-stocks-under-pressure-indigo-down-7-spicejet-hits-52-week-low","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-stocks-under-pressure-indigo-down-7-spicejet-hits-52-week-low\/","title":{"rendered":"Aviation stocks under pressure; IndiGo down 7%, SpiceJet hits 52-week low"},"content":{"rendered":"<p>Shares of aviation companies were under selling pressure amid rising crude oil prices with InterGlobe Aviation, which runs IndiGo, down as much as 7 per cent to Rs 1,838.75, and its peer SpiceJet had hit a 52-week low at Rs 57.70, down 5 per cent on the BSE in Thursday\u2019s intraday trades. These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil.<\/p>\n<p>Oil rose on Wednesday, touching $90 a barrel for the first time in seven years, as tight supply and rising political tensions between Russia and Ukraine added to concerns about further disruption in an already-tight market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of aviation companies were under selling pressure amid rising crude oil prices with InterGlobe Aviation, which runs IndiGo, down as much as 7 per cent to Rs 1,838.75, and its peer SpiceJet had hit a 52-week low at Rs 57.70, down 5 per cent on the BSE in Thursday\u2019s intraday trades. These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil. Oil rose on Wednesday, touching $90 a barrel for the first time in seven years, as tight supply and rising political tensions between Russia and Ukraine added to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-464268","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=464268"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464268\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=464268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=464268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=464268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}