Brief by Shorts91NewsDesk / 05:15am on 07 May 2025,Wednesday India Global
On May 7, 2025, Indian equity benchmarks Nifty50 and BSE Sensex experienced volatility following India's Operation Sindoor, which targeted terrorist facilities in Pakistan and Pakistan-occupied Jammu and Kashmir. By 10:21 AM IST, Nifty50 dropped 89 points to 24,291.05, and Sensex fell 253 points to 80,387.58. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, noted the operation's focused and non-escalatory nature, suggesting limited market impact. Sustained foreign institutional investor (FII) inflows, totaling ₹43,940 crore over 14 trading days, have bolstered market resilience. While sectors like IT and FMCG saw declines, large-cap stocks attracted FII interest, indicating a shift from overvalued mid and small-cap segments. Investors are advised to monitor border developments closely. (PC: Business Today & BCCI)
