Operation Sindoor Impact: Defence stocks surge up to 4% as India hits terror hubs in Pakistan, PoJK

Defence stocks witnessed strong buying interest on Wednesday, May 7, after the Indian Armed Forces launched Operation Sindoor, a targeted military action against terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir (PoK). The market response was swift, with several defence-related companies registering gains of up to 4 per cent intraday. Mazagon Dock, Paras Defence…

Operation Sindoor Impact: Defence stocks surge up to 4% as India hits terror hubs in Pakistan, PoK

Defence stocks witnessed strong buying interest on Wednesday, May 7, after the Indian Armed Forces launched Operation Sindoor, a targeted military action against terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir (PoK). The market response was swift, with several defence-related companies registering gains of up to 4 per cent intraday. Mazagon Dock, Paras Defence…

‘Bharat mata ki jai’: Chiranjeevi, Riteish Deshmukh and others react to Operation Sindoor

As Indian armed forces on Wednesday successfully targeted nine terrorists’ sites in Pakistan, Indian film personalities such as Chiranjeevi Konidela, Nimrat Kaur and Riteish Deshmukh among many others hailed the Indian Army and Operation Sindoor. Actress Nimrat Kaur, who comes from an army background took to X, formerly called Twitter, and wrote: “United with our…

Kargil War and Stock Market Recovery: When Sensex bounced back 37% defying 1999 conflict impact, Indo-Pak tensions

As tensions between India and Pakistan flared up again with India confirming strikes under Operation Sindoor targeting terror camps in Pakistan and PoJK, investors grew cautious. On Tuesday, May 6, markets reacted with jitters: the BSE Sensex closed 155 points lower at 80,641, while the Nifty-50 ended down by 81 points at 24,379. The broader…