IndiGo Shares Slide After Flight Cancellations Post-Operation Sindoor

's stock has declined sharply following the announcement of flight cancellations due to the Indian government's closure of nearly 16 airports in northern and western regions on May 7, 2025, in the wake of Operation Sindoor. This move has significantly disrupted operations, leading to a drop in share prices to their lowest levels since April 15, 2025. The airline has experienced two consecutive negative closes, with shares falling over 4% in the past two trading sessions. Investors are closely monitoring the situation, as the ongoing operational challenges may continue to impact the airline's performance in the short term. The immediate support level is at ₹5,115, while the key resistance level is at ₹5,650. Disclaimer: This post is for informational purposes only and does not constitute investment advice.