Last Updated May - 07 - 2025, 12:49 PM | Source : Fela News
Following Operation Sindoor by the Indian Army, the Indian stock market showed a strong recovery. Sensex dropped by around 398 points and Nifty also slipped sli
In the early hours of trading, Sensex had fallen nearly 600 points, and Nifty had slipped below 24,250, but both indices recovered quickly.
Asian markets showed a mixed trend—Nikkei and Nifty saw declines, while Shanghai, Hang Seng, and KOSPI posted gains.
A day earlier, on Tuesday, May 6, markets had also closed on a positive note, with both Sensex and Nifty recording gains.
Under Operation Sindoor, the Indian Army on Wednesday morning targeted nine terrorist camps in Pakistan and Pakistan-occupied Kashmir (PoK). It is believed that several terrorists were killed in the strike. However, an official statement from the Army is expected later.
Meanwhile, India and the United Kingdom have reached an agreement on a Free Trade Agreement (FTA). As part of this deal, imported goods from the UK, such as whiskey and Land Rover-Jaguar cars, will become cheaper. Additionally, Indian students and workers traveling to the UK will receive certain concessions.
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