IndiGo shares rose 5% in morning trade on 11 November, hitting a day high of Rs 5,692.30 as crude oil slid to a two-month low.

Cheaper oil matters to the airline because fuel is one of its biggest costs.

Brent crude futures for January slipped 1.44% to $90.75 a barrel in early Indian trade on Wednesday, down from $92.08 at the previous close.

Oil weakened as worries over West Asia eased. Reports said US leaders played down the chances of fresh military action against Iran, which calmed traders fearing supply trouble.

The wider market cheered too. Sensex opened 1,142.03 points higher at 82,248.68, while Nifty started at 25,337.80.

Both indices were back at work after a one-day break for Diwali Balipratipada on 10 November.

InterGlobe Aviation Ltd, which runs IndiGo, was among the top Nifty gainers.

Recent filings on NSE show a board meeting on 29 October to consider financial results.

A further update on 4 November covered an analyst and institutional investor meet.

The stock has gained 17.44% over the past month and 10.41% over the past week. Over one year, it is still down 1.84%.

Its 52-week high stands at Rs 5,970, set on 24 November 2025.

At 10:16 am, IndiGo traded at Rs 5,681.00 on NSE, up Rs 251 from the previous close of Rs 5,430. It opened at Rs 5,520.40 and its day low is Rs 5,520.

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