New Delhi, March 9 -- IndiGo share price crashed 8% to Rs.4,045 apiece in Monday's trading session, falling for the second session straight, amid rising crude oil prices due to escalating tensions in the Middle East and disrupted flight operations. Crude oil prices surpassed $100 a barrel, hitting a 52-week high, for the first time since 2022 amid US-Iran war.

Indigo stock opened at Rs.4,150 apiece on Monday, as compared to the previous close of Rs.4,404 on Friday. On March 6, the aviation stock closed around 2.41% lower, resuming its downward streak. IndiGo shares have fallen over 11% so far in March 2026.

According to market experts, the major reason behind the fall in the aviation stock is soaring crude oil prices. Crude oil prices s...