Aviation Sector

Indian benchmark indices ended sharply lower on May 12, 2026, with Sensex falling 1,456 points and Nifty closing at 23,379. Rising crude oil prices, persistent US-Iran tensions, rupee weakness, and heavy selling in IT stocks after OpenAI’s new AI deployment business announcement triggered broad-based market weakness. Realty, IT, defence, and financial stocks led the decline, while ONGC gained on government royalty cuts for crude and natural gas production.

Indian markets ended strongly on April 29, 2026, as Nifty reclaimed 24,100 and Sensex surged over 600 points. Auto and FMCG stocks led gains, supported by strong earnings from Maruti Suzuki, ITC, Tech Mahindra, and Coal India, boosting overall market sentiment.

The Indian stock market rallied sharply with the BSE Sensex gaining 1,264 points and the Nifty 50 crossing 24,200, driven by easing geopolitical tensions, softer oil prices, and strong global cues. Broad-based buying and positive technical signals indicate continued short-term momentum.

Indian equities are set for a cautious start as rising crude oil prices and geopolitical tensions weigh on global sentiment. While oil-sensitive sectors may face pressure, investors will watch whether volatility turns into opportunity or signals a deeper correction.

SpiceJet now has approximately 30 grounded aircraft, which Singh hopes to be reactivated by the end of 2025.

Earlier last month, DreamFolks revealed plans to expand into highway eating for travellers. The service will be available at nearly 600 shops.

According to sources, the QIP's indicated issue price is ₹61.6 per share, a 20.8% decrease from Monday's BSE closing price.

Spice Healthcare issued preferential warrants on September 4, 2023, resulting in the acquisition of 13.74% of equity shares.

The funds may also be used to expand the company's fleet, increasing capacity and capitalising on the expanding demand for air travel.

In February, the company's board proposed a preferential share offering of up to ₹316 Crore to revitalise stalled aircraft and improve financial performance.