- Shares of Interglobe Aviation and SpiceJet rose sharply on June 15 after oil prices fell
- Crude oil prices dropped to $83.2 a barrel following a peace deal between the US and Iran
- IndiGo shares increased by up to 4.42%, reaching Rs 4,918 per share
Shares of Indigo's parent, Interglobe Aviation and SpiceJet jumped on Monday, June 15 after global crude oil prices fell to $83.2 a barrel. The drop in oil prices comes after US President Donald Trump confirmed a peace deal with Iran, easing geopolitical tensions and inflation concerns.
IndiGo shares rose as much as 4.42% to Rs 4,918 apiece, while SpiceJet rose 8.34% to Rs 13.38 per share. These shares were trading 4.35% and 7.13% higher by 9:44 am, while the benchmark Nifty 50 was up 1.45%.
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