Friday, 2 January 2015

Indian Equity Market Tips Trending

Indian airline stocks gain on news of cut in aviation turbine fuel rates.Jet Airways surges 4.8 pct and SpiceJet adds 2 pct.Oil marketing companies cut jet fuel prices by 12.5 pct -Times of India.Fuel accounts for one-third of the operational cost of anairline, and any price cut will help improve margins -analyst.

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