IndiGo Shares Jump 3.5% as Crude Oil Prices Slump 7.6%
InterGlobe Aviation shares rose 3.5% to Rs 5,092 on Tuesday, leading Nifty 50 gainers. The stock gained for a third consecutive day as lower crude prices boosted sentiment toward airline shares.
Shares of InterGlobe Aviation, the parent company of IndiGo, jumped 3.5 percent on Tuesday to Rs 5,092, emerging as the top gainer on the Nifty 50, as a sharp decline in global crude oil prices boosted sentiment towards airline stocks. The stock extended its winning streak to a third consecutive se…