IndiGo shares rallied sharply by 10% today following the easing of India-Pakistan tensions and the resumption of regular flight operations. The market reacted positively to the news, with investor sentiment improving amid the return to operational normalcy.
Shares of InterGlobe Aviation Ltd, which operates IndiGo, opened at ₹5,421.50 and quickly gained momentum, reaching an intraday high of ₹5,597.00. The day’s low remained at the opening price, while the current 52-week range stands between ₹3,780.00 and ₹5,649.00. As of 9:21 AM, the shares were trading 7.48% higher at Rs 5,482.50.
The rebound follows recent geopolitical strain in the region that had disrupted cross-border aviation routes and impacted airline operations. As tensions cooled and air traffic resumed, market confidence in the aviation sector saw a short-term revival.
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