India, March 3 -- Shares of airline companies, tour and travel related services providers tumbled on Monday morning trade amid escalating tensions in the Middle East. The stock of InterGlobe Aviation tanked 7.50 per cent, while SpiceJet declined by 7.27 per cent on the BSE.
Shares of Yatra Online tumbled 11.14 per cent, Easy Trip Planners slumped 9.39 per cent, TBO TEK dived 8.19 per cent and Thomas Cook dropped 5.40 per cent.
In the equity market, the 30-share BSE Sensex traded 1,027.60 points lower at 80,284.17. The 50-share NSE Nifty tumbled 305.95 points to 24,864.35. The conflict between Israel, the US, and Iran has resulted in multiple airspace closures in the Middle East, massively disrupting flight operations.
The Indian Associ...
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