Last Updated Apr - 25 - 2025, 03:01 PM | Source : Fela News
Global market trends remained positive, but India-Pakistan tensions caused a dip in Indian stock markets on Friday.
Stock Market Today: Despite positive trends in global markets, the Indian stock market was affected by the India-Pakistan tension on Friday. As the market opened, the Sensex was up by 28.72 points at 79,830.15, while the Nifty rose by 0.41% to 24,346.50. However, the market later saw a decline, with the Sensex dropping nearly 800 points and the Nifty falling below 24,000.
On Thursday, after seven consecutive days of gains, the Indian stock market saw a decline. The Sensex fell by 315.06 points, closing at 79,801.43, while the Nifty dropped by 82.25 points to settle at 24,246.70.
Kranti Bathini from Wealth Mills Securities mentioned that after a period of market growth, there is now a phase of profit-taking, and due to increasing geopolitical tensions, investors are preferring to stay in cash.
Global markets showed positive signals, with Wall Street’s gains boosting Asian markets. Japan's Nikkei rose by 1.23%, while South Korea’s KOSPI dropped by 0.63%.
Following the Pulwama attack, the Pakistan stock market also saw a decline, with the Karachi Stock Index dropping by 200 points.
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