Indian tourism stocks jump as Budget calls for destination development

Thomas Cook (India)

01/02/2024 06:49

** Indian tourism stocks rise 4%
    ** India Finance Minister Nirmala Sitharaman, in Budget
speech, urges further development of tourist destinations
    ** Shares of state-owned Tourism Finance Corporation of
India Ltd  TFCI.NS  and India Tourism Development Corp Ltd
 ITDC.NS  up 4.4% and 5%,respectively; private sector travel
firm Thomas Cook (India) Ltd  THOM.NS  up 4.2%
    ** Stocks down between 1% and 5% in January


 (Reporting by Nandan Mandayam)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))