Mumbai, March 9 (IANS) Shares of Indian aviation companies on Monday witnessed heavy selling pressure as tensions in the Middle East escalated, pushing crude oil prices past the $110 per barrel mark after major producers reduced output while the Strait of Hormuz remained effectively closed due to the Iran conflict.Several airline and helicopter service provider stocks declined sharply, including InterGlobe Aviation (IndiGo).IndiGo shares ended at Rs 4,236, down around 4 per cent on the BSE. The …
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