IndiGo, SpiceJet, and Tourism Stocks Slide Up to 14% as US-Israel Strikes on Iran Disrupt Flights
On March 2, 2026, Indian aviation and tourism stocks took a sharp hit as markets reacted to fresh US‐Israel military strikes on Iran and widespread airspace closures across West Asia. Shares of major carriers like IndiGo and SpiceJet, along with travel businesses, slid by up to 14 % amid rising uncertainty and flight disruptions.
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