<div id="readability-page-1"><div>Several stocks remained in focus on April 8 as corporate developments, deal wins and the United States and Iran agreeing to a two-week ceasefire drove market activity.Aviation and tourism stocks surged after the ceasefire announcement, which offered respite from turbulence linked to the Middle East conflict. IndiGo jumped 10 percent, Indian Hotels gained 6 percent, The Leela Hotels rose 5 percent, GMR Airports gained 5 percent, while Chalet Hotels, ITC Hotels and EIH Hotels advanced 3–4 percent. IRCTC gained 3.2 percent.Larsen &amp; Toubro (L&amp;T) surged 7.7 percent following the ceasefire development. The stock had earlier declined due to its high exposure to the Middle East, estimated at around 37–40 percent of its order book and revenue, which had raised concerns over potential project disruptions, rising costs and employee safety amid the escalating conflict.IT stocks remained largely flat and did not participate in the rally amid profit booking. Tech Mahindra fell 1 percent, while Infosys and TCS traded flat. Mphasis and Wipro declined around 0.5 percent. The sector had seen gains in the previous four sessions.Swan Defence and Heavy Industries rose 5 percent after securing a new order worth Rs 1,500–3,000 crore from Energy ONE for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers. These will be the first ammonia dual-fuel ships to be built in India, with the first vessel expected to be delivered in October 2029.Prostarm Info Systems gained 9 percent after receiving a Letter of Award as a subcontractor from Solarium Green Energy for executing complete engineering, procurement and construction works worth Rs 165 crore for a 50 MWac solar PV power project in Maharashtra, excluding three years of operation and maintenance services.Arvind Smartspaces jumped 14 percent after signing a residential high-rise project in Goregaon (West), Mumbai. The project has a topline potential of around Rs 2,400 crore, with a total saleable carpet area of approximately 0.67 million sq ft, and is being developed in partnership with Sigma Oxford Realtors.</div></div>

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On April 8, aviation and tourism stocks surged following a ceasefire agreement between the U.S. and Iran, with IndiGo up 10% and L&T rising 7.7%. IT stocks remained under pressure, with Tech Mahindra down 1%. Swan Defence gained 5% from a new order, Prostarm Info Systems rose 9% from a subcontractor award, and Arvind Smartspaces jumped 14% after signing a major residential project in Mumbai.

Buzzing stocks: Aviation, L&T gain; IT stocks remain under pressure