Why the markets could correct more and Vistara overtakes SpiceJet
The Sensex has been in correction mode for the last few days, falling over 2%. What explains the sudden softness? We look at an interesting trend, and a break in it which points to a downhill trek for the markets in the short term. Separately, there is a change in the pecking order of the Indian aviation industry. How did a smaller Vistara manage to go past SpiceJet?
We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
$99 for one year
More in Business
You may also like
Air India is Chandrasekaran’s cross to bear
The AI171 crash has handed the Tata Sons chairman the biggest crisis of his career. What he does from here on will define his and the group’s legacy.
Riyadh Air makes new moves at the Paris Air Show
Saudi ambition soars, UAE’s oil is moving overseas and the latest in real estate.
Budget IndiGo finds business class to be a ‘Stretch’
A premium offering from India’s largest airline has not evoked the expected response from flyers and just goes to show that breaking away from its low-cost DNA isn’t easy.