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As on : 04-Mar-2026
Hot Pursuit
04-Mar-2026     15:25

Travel, tourism stocks extend losses as crude surge, Middle East tensions weigh

Thomas Cook (India) dropped 2.91%. Easy Trip Planners slipped 2.62%, and Indian Railway Catering and Tourism Corporation declined 2.27% while Le Travenues Technology slipped 0.84%.

Among aviation names, SpiceJet fell about 6%, and InterGlobe Aviation, the parent of IndiGo, fell 2.13%.

The selloff comes as rising crude oil prices increase aviation turbine fuel costs, a major expense for airlines, while airspace disruptions and geopolitical uncertainty threaten to weaken travel demand.

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INDIAN INDICES

Sensex

75,502.85 938.93 (1.26%)

Nifty

23,408.80 257.70 (1.11%)

GLOBAL INDICES

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NASDAQ
HANG SENG

25,834.03 368.42(1.45%)