Whenever tension increased between India and Pakistan, know what was the condition of the stock market the next day:

News Topical, Digital Desk : Stock Market Today Updates after Operation Sindoor: Operation Sindoor was carried out by all three wings of the Indian Army. In this action of the Indian Army on Wednesday, 9 terrorist hideouts were destroyed in Pakistan and Pakistan-occupied Kashmir. This attack was in response to the Pahalgam attack in which 26 Indian tourists were shot dead and its direct connection to Pakistan came out.

After this, Pakistan's stock market faltered badly. Within two weeks, the index saw a massive drop of about 7500 points and the shares of Luck, Engroh and UBL blew away like a storm in this fall. On the other hand, the Indian stock market stood strong despite the tension between the two countries.

How was the stock market after the attack

Let us look at the history to see what happened to the stock market whenever there was tension between India and Pakistan. After the Pulwama attack in 2019, there was a decline of 1.8 percent in Sensex and Nifty between February 14 and March 1.

Apart from this, during the Uri attack and surgical strike in 2016, the market fell by about 2 percent between 18 and 26 September. Earlier, when the Parliament was attacked in 2001, the market had also seen a decline and the Sensex fell by 0.7 percent and the Nifty by 0.8 percent. However, despite that, the Indian stock market soon recovered itself.

Apart from this, if we talk about the Mumbai attack, the terrorist attack on 26 November had an impact on the stock market. The Sensex fell by about 400 points, although the Nifty gained 100 points. Earlier in 1999, during the Kargil War, the market showed resilience and during this three-month war period, the market fell by a nominal 0.8 percent. These figures show that the Indian stock market has stood strong with variability in the event of war.

Apart from this, last year i.e. in 2024, Pakistan accounted for only 0.5 percent of India's total exports. That is why when there is tension on the border between Pakistan and India, it does not have a direct impact on India's economy.