IndiGo shares soared 6% to their day’s high of Rs 4,475 on the BSE, while SpiceJet shares gained 8% to an intraday high of Rs 14.1 apiece. Airline stocks had taken a sharp beating amid geopolitical tensions as oil prices rallied around 30% on Monday.

A sharp surge in crude oil prices above $115 per barrel has raised fears of higher input costs and renewed inflationary pressures. Among the biggest losers, IndiGo shares plunged over 7 percent. Paint companies,

Triggered by the sharp spike in crude prices, the benchmark BSE Sensex plunged more than 2,200 points to around 76,892, while the Nifty 50 dropped nearly 2.8% to the 23,960 level in early trade. The sell-off wiped out nearly ₹13 lakh crore of investor wealth within hours.

HSBC Global Investment Research warns the Middle East conflict could disrupt up to 20% of IndiGo’s capacity and hit airline profits if cancellations continue.

Aviation stocks experienced a decline on 2 March 2026 as tensions in the Middle East rose. This pushed the prices of crude oil higher and resulted in flight dis

A sharp increase in crude oil prices to over $115 per barrel has led to a significant drop in shares of IndiGo, SpiceJet, and Asian Paints.

Shares of select aviation-related companies traded higher in Wednesday's session after the Centre announced that domestic carriers would connect more flights starting March 12 amid the ongoing West Asia conflict. A sharp correction in crude oil prices also ...

The West Asia conflict has hit Indian aviation. Shares of major Indian airlines, as well as online travel firms like Ixigo and Easy Trip Planners declined significantly on Monday as escalation of the Iran-Israel conflict forced the closure of Gulf airspace.