Jet Airways, SpiceJet shares fall as DGCA decides to ground Boeing 737 MAX
SpiceJet`s shares plunged 5.5 percent in the first few minutes of trade while Jet was trading 2.2 percent lower. Shares of low-cost airline InterGlobe Aviation rose 2.9 percent.
Jet Airways Ltd and SpiceJet Ltd, two top Indian airlines, operate Boeing 737 MAX 8 aircraft. Photo: Reuters