IndiGo, Spicejet & other travel stocks plunge up to 7%. Two big reasons why
By TodayTelugu Desk1 min read1 views
Travel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citizens to avoid non-essential foreign travel for a year. Rising crude oil prices added further pressure, pushing aviation turbine fuel costs higher and weighing on margins, demand and sector sentiment.
Sending Money to India?
Better USD → INR rates, lower fees.
Related News
Comments
Login to leave a comment













