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AviationHigh impactAfter close

Airline industry warns of shutdown risk due to fuel costs

after close1 source ↓written by the desknot a recommendation

now account
60% of operating expenses
increase in aviation
₹73 per litre
rise for domestic
₹15 per litre

India’s airline industry is facing a potential breakdown as jet fuel costs now account for 60% of operating expenses. The Federation of Indian Airlines has alerted the government, citing a ₹73 per litre increase in aviation turbine fuel prices for international flights, compared to a ₹15 per litre rise for domestic operations. This disparity threatens the viability of both segments, pushing carriers towards possible shutdowns.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Apr 2026, 16:06 IST.

Sourcesnews.google.com

The market after the news

INDIGO closed −0.8% on the day of the news, from ₹4,295.30 to ₹4,262.40; Nifty +0.5% over the same session; futures OI +4.0%.

Bulletin at 16:06 IST on 30 Apr 2026. Every change is measured from ₹4,295.30, the last close before it, on 30 Apr. Nifty 50 is measured over the same sessions.

  • INDIGO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
INDIGO closes around the bulletin against the close before the news, with Nifty 50 rebased to it388542954706axis spans 21%before the news · 30 Apr4295Nifty 50INDIGObulletinD0+1+3+524 Apr7 May18 MayFutures open interest, lotspeak 54,000Reference close ₹4,295.30. 16 sessions from 24 Apr to 18 May; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Apr₹4,295.30basebase
On the day4 May₹4,262.40▼ −0.8%▲ +0.5%−1.3 pp difference
+1 session5 May₹4,238.40▼ −1.3%▲ +0.1%−1.5 pp difference
+3 sessions7 May₹4,506.90▲ +4.9%▲ +1.4%+3.6 pp difference
+5 sessions11 May₹4,299.40▲ +0.1%▼ −0.8%+0.9 pp difference
Gap at the open, % · ₹
▲ +1.3%+53.69 on 4 May
Day's range, % · ₹
3.5%≈ 150 high to low
Volume on the day
0.60×the 20-session average
Futures OI on the day
▲ +4.0%+2,000 lots · short build-up · price −0.8%
Futures OI open, lots
51,0004 May · 26 May expiry
Futures premium, ₹
+23.00+0.5% to spot
Puts per call, by OI
0.63from 0.79 the session before
Max pain
4,400from 4,450 the session before

Source NSE UDiFF bhavcopy · INDIGO on the desk →

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