New Delhi, May 8 -- India's military strikes against Pakistan on Wednesday caused some early panic in the market, but it soon recovered and closed in the green. Uncertainty persists, however, as investors are left wondering what comes next.

Stock market on 7 May

After some early nerves, the Indian stock market shed the anxiety that was felt across the country on Wednesday, indicating that the trends remain bullish. At the end of the session the Sensex was up 106 points or 0.13% at 80,747. The Nifty gained 34.80 points or 0.14% to touch 24,414.40.

The rupee weakened, finishing the day at 84.84 per US dollar-a 0.47% decline from its previous close of 84.49. The yield on 10-year government bonds dropped by 1 basis point, from 6.351% 6.338...