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India's airlines gain altitude, Jet Airways, Kingfisher & SpiceJet soar - share wrap

Analysis

India's airlines are back in favour, with some solid share price gains in recent days, reflecting improved sentiment in the broader Indian equity market. The 15.2%, 7.4% and 4.2% gains by Jet Airways, Kingfisher Airlines and SpiceJet yesterday, respectively, have continued the upward trend from lows established earlier this month.

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