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🌟After a two-year hiatus, Indian skies have reopened to scheduled international flights. The start of scheduled international passenger flights signals the end of air transport bubbles, which came into fore in mid-2020.

The resumption of international flights will provide more travel options for passengers, which will likely translate into increased revenue opportunities for airline companies who at the moment, are grappling with high fuel prices. The travel industry, which was severely impacted by the Covid-19 pandemic, is expected to see a rapid recovery in demand.

Stocks in focus: Positive effect could be seen in the stock prices of: Indigo (Rs.1,938.20), Spice Jet (Rs.56.90) and Jet Airways (Rs.86.75). 

Rub off effect: Global Vectra Helicorp Ltd (Rs.48.55).

🌟The high crude oil prices could increase investments in exploration of crude oil, which in turn will move up per day rates of oil rig maintenance and seismic survey companies.

Stocks in focus: Aban Offshore (Rs.48.80), Alphageo Ltd (Rs.230.90), Jindal Drilling (Rs.249), and Asian Energy Services Ltd (Rs.116.85).

You may not understand its immediate impact, but as more and more investments come in the sector, the demand for maintenance of oil rigs will also get systematically pushed up.