INDIGO Slide After Block Deal
“ INDIGO shares took flight—down nearly 5% today. The Rakesh Gangwal family offloaded around 3.13% in a block deal, spooking investors. Retail travel stocks may need a recovery plan—fast.✈️📉 #IndiGo #BlockDeal #AviationStocks #MarketMoves”
Highlights:
InterGlobe Aviation (IndiGo) stock fell ~4.8%, trading near ₹5,754.
Promoter family sold ~3.13% stake via block deal.
Investor sentiment weakened across aviation sector peers.
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