IndiGo Shares Plunge 9% Amid Flight Chaos & Govt Inquiry; Rs 17,884 Cr Mcap Lost

• IndiGo shares tumbled nearly 9% on Monday, losing Rs 17,884 crore in market value.
• The decline is attributed to flight operation disruptions entering their seventh day.
• IndiGo cancelled 562 flights on Monday, citing new pilot flight duty regulations.
• Aviation Minister K Rammohan Naidu announced an inquiry and strict action against IndiGo.
• A DGCA panel is expected to summon IndiGo's CEO and COO regarding the disruptions.

Why It Matters: IndiGo's flight crisis causes stock plunge and government probe, impacting air travel.