IOC

InterGlobe Aviation and SpiceJet are expected to stay in focus today after aviation turbine fuel (ATF) prices for domestic carriers were left unchanged. State-run Indian Oil Corporation announced on Friday that ATF prices for scheduled domestic airlines have not been revised, providing some relief to the aviation sector. In contrast, ATF prices for international airlines have been raised by $76.55 per kilolitre, taking the rate to $1,511.86 per KL from $1,435.31 per KL. The company noted that price adjustments were limited to certain industrial segments, which account for a relatively small portion of overall consumption and are routinely revised each month based on global price trends. Stable domestic fuel prices are likely to help manage operating costs for airlines such as IndiGo and SpiceJet, where fuel expenses form a significant share of total costs. This development could influence investor sentiment as trading resumes. Amid ongoing tensions in West Asia and sustained pressure on global oil prices, there had been concerns about a possible increase in ATF rates, making the status quo a positive for the sector.