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…

‘Proud of our Armed Forces’: Rahul Gandhi, Mallikarjun Kharge, Asaduddin Owaisi & other opposition leaders hail Operation Sindoor, welcome precision strikes on Pak terror camps

Operation Sindoor News: Hours after the Indian Armed Forces launched ‘Operation Sindoor’ in the early hours of Wednesday, striking nine terror camps in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK), opposition leaders from Congress, Shiv Sena (UBT), and the Sharad Pawar-led Nationalist Congress Party (NCP) came out in strong support of the Army,  lauding the precision strikes,…

First Trade: Sensex opens 700 points lower after India’s retaliatory strike on Pakistan; Paytm up 5%

Indian equity benchmarks opened lower after India’s retaliatory strike on Pakistan as part of operation Sindoor post the horrific Pahalgam attack.  As cautious sentiment prevalied, at the start, the benchmark BSE Sensex opened at 79,948.80 down 692.27 points or 0.86 per cent. Stocks to watch today Paytm: Paytm shares will be in focus after the company reported Q4…

Anil Singhvi Market Strategy (May 7): Important levels to track in Nifty 50, Nifty Bank today after India launches Operation Sindoor

Anil Singhvi Market Strategy on May 7 (Operation Sindoor): Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,050-24,200 levels and a stronger support zone at 23,800-23,900 levels on Wednesday, May 7. For the Nifty Bank, Singhvi expects support at 53,400-53,600 levels and a stronger support zone at 53,075-53,225 levels. In the early hours on Wednesday, India…