New Delhi, May 7 -- Operation Sindoor impact on stock market: The Indian stock market kicked off the trading session on Wednesday, March 7, with mild losses after Indian armed forces, as part of Operation Sindoor, hit multiple sites in Pakistan. However, it soon turned positive amid gains in banking stocks and Tata Motors.

Sectorally, Nifty Media was the top loser while Nifty PSU Bank index was the best performer, after witnessing hefty losses in the previous session.

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The main focus is naturally on defence companies. They already have large order books which will get even larger. Operation Sindoor is likely to put the focus on pace of execution in the defence companies. These compan...