Benchmark inventory indices, Sensex and Nifty, closed higher in a volatile session on Wednesday (May 7, 2025) as India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir.
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After gyrating between positive factors and losses throughout the day, the 30-share BSE Sensex ended 105.71 factors or 0.13% higher at 80,746.78. In intra-day trade, the Sensex hit a excessive of 80,844.63 and a low of 79,937.48.
Follow the Operation Sindoor reactions LIVE
The 50-issue Nifty of NSE superior by 34.80 factors or 0.14% to settle at 24,414.40. Nifty moved between a excessive of 24,449.60 and a low of 24,220 throughout the session.
In retaliation for the Pahalgam terror assault, Indian armed forces carried out missile strikes early Wednesday on 9 terror targets in Pakistan and Pakistan-Occupied Kashmir, together with the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba’s base Muridke.
The army strikes had been carried out underneath ‘Operation Sindoor’ two weeks after the bloodbath of 26 civilians in Jammu and Kashmir’s Pahalgam.
“Even as the country is in the middle of a military action against terrorist network across the border, markets witnessed gyration during intra-day trade but eventually managed to shrug off the uncertainty to end slightly higher. While the mood will be of caution due to Indo-Pak war tension, markets could witness choppy sessions with stock-specific activity over next few days,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, mentioned.
From the 30-share Sensex corporations, Tata Motors, Bajaj Finance, Eternal, Adani Ports, Tata Steel, Titan, Mahindra & Mahindra and Power Grid had been among the many gainers.
Asian Paints, Sun Pharma, ITC, Nestle, Reliance Industries and HCL Tech had been among the many laggards.
Foreign Institutional Investors (FIIs) purchased equities value Rs 3,794.52 crore on Tuesday, in keeping with trade knowledge.
“Geopolitical tensions like the ongoing Indo-Pak standoff under ‘Operation Sindoor’ tend to cause immediate market volatility. While short-term caution is reasonable, history shows that Indian markets demonstrate strong resilience once clarity returns. Unless accompanied by broader economic or global shocks, Indo-Pak tensions have not had a lasting negative impact. Investors should focus on fundamentals, not fear,” mentioned Pankaj Singh, small case supervisor and Founder and Principle Researcher at SmartWealth.ai.
In Asian markets, South Korea’s Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng settled within the optimistic territory, whereas Japan’s Nikkei 225 ended decrease.
Markets in Europe had been quoting within the unfavorable territory. US markets ended decrease on Tuesday.
India and the UK on Tuesday sealed a landmark free trade settlement that may decrease tariffs on 99 per cent Indian exports and can make it simpler for British corporations to export whisky, automobiles, and different merchandise to India in addition to boosting the general trade basket.
Global oil benchmark Brent crude climbed 0.64% to $62.55 a barrel.
Snapping its two-day positive factors, the BSE benchmark declined 155.77 factors or 0.19% to settle at 80,641.07 on Tuesday. The Nifty dipped 81.55 factors or 0.33% to 24,379.60.
Published – May 07, 2025 04:44 pm IST
