Aviation stocks fly high: IndiGo, SpiceJet shares jump up to 6% as crude oil prices slip to below pre-US-Iran war levels

Aviation stocks rallied on June 25 as crude oil prices hit new lows, slipping below pre-US-Iran war levels. SpiceJet surged 5.5% while InterGlobe Aviation gained 4.7%, as lower fuel costs are expected to improve airline profit margins. Forecasts suggest crude oil could stabilize around $67 per barrel, further supporting the sector.