SpiceJet stock rise shows investors are banking on bailout

SpiceJet stock rise shows investors are banking on bailout

Visual from SpiceJet website

In the past four trading sessions, shares of SpiceJet Ltd have risen by more than 21%, even as shares of its much larger rival InterGlobe Aviation Ltd, which runs India’s biggest airline IndiGo, have fallen about 4%. It does look like investors believe a bailout for the industry is on the way in some form.

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