Markets▼ Negative
SpiceJet’s market share falls to 0.6%, slips below Star Air for first time | What went wrong
Indian markets moved lower.
· LiveMint Companies
IndiGo led September on-time performance at 91.1%, followed by Akasa Air at 90.8% and Air India Group at 81.7%.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- A market-wide development: it reaches beyond any single stock.