Mumbai, May 9 -- The key equity indices posted significant losses this week, driven by escalating India-Pakistan tensions following drone and missile attacks by Pakistani forces. This heightened geopolitical risk triggered a broad market sell-off, with the Sensex and Nifty declining by over 1%. The broader market underperformed the frontline indices during this period.
In response to the recent Pahalgam attack, Indian forces launched Operation Sindoor, a targeted strike on terror sites, further intensifying the security situation in the region.
In the week ended on Thursday, 9 May 2025, the S&P BSE Sensex slumped 1,047.52 points or 1.30% to settle at 79,454.47. The Nifty 50 index tanked 338.7 points or 1.39% to settle at 24,008. The BSE...
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