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INDIGO
InterGlobe Aviation Limited, the parent of IndiGo, came under heavy selling pressure on the NSE as global stock markets reacted sharply to escalating conflict between the US, Israel and Iran, which sent crude oil prices sharply higher. The surge in oil costs raised concerns about rising jet fuel expenses for airlines, leading traders to cut positions in aviation stocks amid shrinking profit expectations. InterGlobe Aviation was among the top laggards, with its share price falling significantly as investor risk appetite weakened and broader market indices retreated. The fall in the aviation sector reflected heightened caution in energy-sensitive industries due to geopolitical risk and input cost inflation, and the stock underperformed many other NSE-listed names during the session.
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