Stock market today, May 7 -- Indian stock markets initially opened lower but then bounced back, trading flat at the time of this report on Wednesday following India's anti-terror operations in Pakistan.
The Nifty 50 index started off with a drop of 146 points at 24,233.30, reflecting a decrease of 0.60%, while the Sensex began at 79,948.80, down by 692.27 or 0.86%. However, the indices quickly recouped their losses.
Analysts pointed out that Indian markets might respond negatively to the increased tensions at the border that unfolded last night. It is noted that what differentiates "Operation Sindoor" from the market's point of view is its precise and non-escalatory approach. We will need to observe how the opposing side reacts to India...
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