Travel Stocks Hit Turbulence Amid Demand Concerns

Travel and hospitality stocks remained under pressure for the second straight session after Prime Minister Narendra Modi’s appeal to avoid non-essential travel to certain regions sparked caution among investors. Stocks like

, and other tourism-linked counters declined up to 5% as the market reacted to fears of near-term softness in travel demand and hotel occupancy. The sharp correction reflects sentiment-driven selling in the sector, though long-term structural growth in India’s travel and tourism industry remains intact.