India, May 13 -- The stock of Dassault Aviation, the maker of the Rafale jets, which were reportedly used by India during 'Operation Sindoor' against Pakistan, has dropped sharply in the European stock market. Dassault Aviation hit a 7 per cent intraday drop on Monday, reaching EUR 292. Throughout the day, the stocks kept fluctuating from EUR 291 to EUR 295.

Meanwhile, shares of Chengdu Aircraft Corporation (CAC), the Chinese aerospace company behind the J-10 fighter jets, inducted by Pakistan, surged by 20 per cent on May 12. This marked a significant rise in investor confidence for CAC, with its stock reaching Chinese Yuan 95.86, a 60% increase from the previous week.

Live Mint reported that Dassault Aviation shares had surged followi...