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Indian airline shares gain on increased pax demand and more positive earning outlook: SHARE WRAP

Analysis

SpiceJet, Jet Airways and Kingfisher Airlines shares gained 9.7%, 4.5% and 1.2%, yesterday continuing a rally that has seen the carriers' shares gain 41.7%, 70.5% and 23.5% over the past month (comparatively, the Sensex rose just 4.9%).

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