Airlines in focus; SpiceJet at lifetime high, IndiGo at fresh 52-week high

Shares of aviation companies were flying high with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways  trading higher in the range of 2% to 3% on the BSE in an otherwise weak market after good growth in passenger traffic and lower crude oil prices. SpiceJet was up 3% to hit its new high of Rs 131, while InterGlobe Aviation that runs IndiGo Airlines was up 2.2% at Rs 1,259, touching a fresh 52-week high on the BSE in intra-day trade. Jet Airways was up 3% too to Rs 566. Financial Astrology Tips

Indian airlines ferried over 10 million passengers in May, setting a new "record" for maximum number of passengers flown in a month domestically, according to released data. As per monthly traffic data released by the Directorate General of Civil Aviation (DGCA), Indian airlines carried about 10 million passengers last month as compared to 8.6 million passengers in May, 2016, registering a growth of 17.36% in domestic air traffic. Passengers carried by domestic airlines during Jan-May 2017 were 46.6 million as against 39.6 million during the corresponding period of previous year thereby registering a growth of 17.63%. Astrology and Numerology Trading Tips