SP Tulsian positive on Jet Airways

Tulsian told CNBC-TV18, “The airlines stocks will really perform because of the market shares having enjoyed by both theses airlines and the kind of best season, maybe the holiday season and all that so not a great surprise but the kind of response which we have seen in spite of the fear of the CBI charge sheet on which in fact I am keeping my apprehensive view on Sun TV as well as on Spicejet, the stock has really moved so much.”

He further added, “Only thing it adds the volatility because the moment we will see any negative developments happening on the Maran brothers this stock will again correct to about Rs 27-28. So, taking a positive call on the aviation sector it is better to be long or positive on Jet Airways still from hereon as well.”