On Monday, May 12, 2025, Tourism stocks—including those in aviation, hospitality, and travel booking—surged by as much as 7%, following a halt in military activity between India and Pakistan over the weekend.
The Nifty India Tourism Index climbed nearly 4% for the day, with all constituent stocks trading in the green.
Shares of InterGlobe Aviation, the operator of India’s largest airline IndiGo, rose more than 6.5%. Hotel stocks like Lemon Tree Hotels and Indian Hotels, along with infrastructure and travel service providers such as GMR Airports and IRCTC, posted gains ranging from 3.5% to 5.5%.
On May 9, 2025, Lemon Tree Hotels Limited announces the opening of Lemon Tree Hotel, Jamnagar. This managed hotel is the 9th property of the group in Gujarat.
Online travel platforms also saw a boost, with shares of EasyTrip Planners, IxiGo, and IRCTC gaining between 3.5% and 5%.
Also Read: Best Defence Stocks in India for May 2025
This rebound comes after a period of volatility triggered by heightened border tensions, which had forced the temporary closure of airports in key northern cities including Dharamshala, Leh, and Srinagar. Last week, Indian Hotels saw a steep 10% decline, while IndiGo and IRCTC shares dropped between 3.5% and 4.5%. While IndiGo and IRCTC have now recovered most of those losses, Indian Hotels continues to trade below its pre-drop levels.
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Published on: May 12, 2025, 4:52 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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