Mumbai
In response to the Pahalgam terror attack on behalf of India, an air strike was carried out in Pakistan and POK, in which about 90 terrorists were killed and 9 terrorists were destroyed. This caused a stir in the government of Pakistan, then the Pakistani stock market also became a crash (Pakistan Stock Market Crash). On the other hand, in spite of this tension in the Indian stock market (Stock Market India) from any retaliation from Pakistan, it has been seen outside. Both Sensex-Nifty have been close to the green zone with index growth.
Army action salutes Indian market
First of all, let’s talk about the Indian stock market, which came to a standstill from the initial Girwat after the air strike of the Indian forces in Pakistan and has advised India’s action on Pakistan. In the early trade in Share Market on Wednesday, the first trading day of the week, the Sensex-Nifty move was changed and they were seen doing business in green, and sometimes in the red zone. However, by the closing of the market, the BSE Sensex took a gain of 105.71 points to the level of 80,746.78. So NSE NIFTY climbed 35 points to close at 24,414.
PAK market got shocked as soon as it opened
While the Indian stock market has been closed in the Green Zone, there is a ruckus in the Pakistani stock market. By the way, since the Pahalgam Terror Attack on April 22, the process of breaking in the Pakistin stock market has continued and it has broken about 11000 points since the day of attack, but after opening the Indian Air Strike on Wednesday, it broke around 6 percent. The KSE-100 index fell to the level of 1,07,296, declining by more than 6000 points. However, by the time the Indian stock market closed, the speed of the continuing decline in Pakistan Stock Market was slow, but despite this it was trading at the level of 1,09,987.
No panic in broker street
While there has been a stir among the stock market investors in Pakistan, the Operation Sindoor may have worked to increase the geopolitical tension, but there is no nervousness of any kind in the Dalal Street. There was no selling nor any major decline. Only slight instability was definitely seen.
The special thing is that during the confrontation between India and Pakistan, the Indian Stock Market has rejected the saying that the market hates uncertainty and there is a big decline. Looking at history, this is not the first time, from Kargil War in 1999 to Balakot Air Strike in 2019, the Sensex has repeatedly faced shocks and made a strong comeback with amazing enthusiasm.
These 10 shares ran a lot today
Talk about the most climbing top-10 stocks amidst the boom in the Indian market, then the TATA Motors Share (5.05%) involved in largecap companies climbed to Rs 680.50. Bajaj was closed at Rs 8985.50 with a jump of Finance Share (2.14%). Eternal Share (1.85%), then closed with M&M (1.64%) and Adani Ports (1.41%).
The midcap included Endurance Share (8.44%), Paytm Share 7.18%, Bharat Forge Share (5.10%), MRF Share (4.23%), Kalyan Jewelers Share (4.01%). Apart from this, shares of BHEL, Torent Power, KPI Tech, LIC Housing Finance were closed by 3 percent. Aarti Drugs Share 20% in Smallcap and Timex Share 19.99% jumped.
