BUZZ-India's IndiGo extends losses as Trump says Iran deal over

Updates

** Shares of IndiGo INGL.NS extend losses, last down 5.41% at 5104.5 rupees, their biggest intraday pct drop since August 28, 2025

** Stock biggest loser on Nifty 50 .NSEI, which is down 2.23%, set for its biggest percentage drop in more than two months

** Broader Indian shares intensified their fall, after U.S. President Donald Trump said a peace memorandum with Iran is "over" as the two countries exchanged strikes, hurting investor sentiment

** Brent crude also up 6.1% at $79 per barrel, after Trump's comments MKTS/GLOB

** Higher oil price are a negative for airlines such as INGL; jet fuel makes up largest expense for carriers

** YTD, stock up 1.12% vs a 8.78% decline in Nifty 50


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.