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VERIFIEDMint Markets·positive
Aviation stocks fly high: IndiGo, SpiceJet shares jump up to 6% as crude oil prices slip to below pre-US-Iran war levels
AI Summary
- ·SpiceJet shares increased by 5.5% and InterGlobe Aviation (IndiGo) shares gained 4.7% on June 25.
- ·The rise in aviation stocks coincided with a drop in crude oil prices.
- ·Crude oil prices are expected to stabilize around $67 per barrel due to eased supply concerns.