Travel, Tourism, and Hotel Stocks Decline Amid Geopolitical Tensions and Rising Oil Prices

Shares in travel, tourism, and hospitality sectors declined amid rising geopolitical tensions between the US and Iran and surging crude oil prices. Airlines like SpiceJet and IndiGo's parent company saw notable drops due to increased fuel costs and airspace disruptions. Hotel stocks, including Taj GVK and India Tourism Development Corporation, also fell as concerns grew over reduced international travel and lower occupancy rates, impacting overall sector sentiment.