23/4/2025, 12:30:05 pm

J&K terror attack impact: J&K Bank, airline, hotel stocks trade lower

A terror attack in Pahalgam, J&K, killing 26, led to declines in airline, hotel, and J&K Bank stocks. SpiceJet fell 1.6%, IndiGo 0.5%, Lemon Tree over 2%, and J&K Bank 9%. Tourism cancellations surged, affecting the region's economy, which had seen 7.06% growth with record tourism. Rebuilding Kashmir's safety image poses a significant challenge.