India’s stock markets have suffered conflicts 11 times with the neighboring neighboring country of nuclear weapons. But it has not suffered much damage. According to Anand Rathi, the fastest decline of 14 per cent was during the 2001 attack on Parliament, which was roughly adversely due to global conditions. During that time Indian stocks performed better than S&P 500. There was no decline even at the peak of the Kargil war and the FPI continued shopping during both incidents. But the current tension, which contains both openly enmity and modern weapons, can test that strength.
After being stable, the market was staggering on Friday and the Sensex and Nifty declined by more than 1 per cent. The FPI sold a total of Rs 3,800 crore after a total purchase of Rs 50,000 crore in 16 consecutive sessions. Analysts believe that the ceasefire is a welcome relief, but if the struggle was prolonged, it could have affected the real economy.
First Published – May 11, 2025 | 11:06 pm IST
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(Tagstotranslate) Stock market