IndiGo, SpiceJet, other tourism stocks in focus after US, Iran agree to peace deal after long negotiations

The US and Iran have agreed to a peace deal, with the Strait of Hormuz expected to reopen toll-free within 30 days, easing geopolitical tensions in the Middle East. This is expected to reduce fuel costs, restore flight schedules, and revive travel demand — a significant positive for Indian aviation and tourism stocks like IndiGo and SpiceJet that had been impacted by flight disruptions and Middle East route suspensions.