India, April 25 -- Indian shares fell notably on Friday, giving up early gains as uncertainty over geopolitical tensions prompted investors to book some profits and stay on cash.
Days after militants killed 26 civilians in Indian-administered Kashmir, the Indian and Pakistan armies exchanged fire across the Line of Control (LoC).
In the wake of the recent terrorist attack in Pahalgam, Jammu and Kashmir, India downgraded diplomatic relations with Pakistan and suspended the Indus Waters Treaty. In retaliation, Pakistan shut its airspace to Indian flights and suspended the Shimla Agreement.
Pakistan's defense minister Khawaja Asif, in a TV interview, has warned that India's moves following the Pahalgam terror attack, could lead to an "all-o...