NEW DELHI: Shares of most aviation companies jumped in Tuesday's session amid a fresh fall in global crude oil prices.Oil prices fell on Tuesday on expectations of an increase in US crude inventories, with Brent crude slipping by 80 cents a barrel, Reuters reported.
Shares of Jet Airways (up 5.67 per cent) and IndiGo (up 5.13 per cent) surged over 5 per cent on BSE.Global Vectra Helicorp (up 4.93 per cent), SpiceJet (up 2.69 per cent) and Jagson Airlines (up 2.56 per cent) climbed up to 5 per cent.The NSE Nifty index was trading 74 points up at 10,587, while the BSE Sensex was up 286 points at 35,151 around 2:30 pm.Equity benchmarks were in the higher territory amid rupee's fresh rise against the US dollar.
A slight fall in the crude oil price also influenced the sentiment.In the 30 share Sensex index, 22 stocks were in the green, with ONGC, Mahindra Mahindra, Axis Bank and ICICI Bank as top gainers.
Shares of private lender ICICI Bank jumped over 2 per cent on BSE in Tuesday's session after the RBI approved the appointment of Sandeep Bakhshi as MD CEO of the bank.