Markets Climb Amid Indo-Pak Tensions in 'Operation Sindoor'

In a volatile session, Sensex and Nifty closed higher amid geopolitical tensions as India launched 'Operation Sindoor' strikes on terror targets in Pakistan. The 30-share BSE Sensex rose by 105.71 points while the 50-issue Nifty advanced by 34.80 points. Despite market fluctuations, investor focus remains on fundamentals.

In a day marked by geopolitical tensions, the benchmark stock indices Sensex and Nifty closed higher on Wednesday, as India launched missile strikes on terrorist targets in Pakistan under 'Operation Sindoor'. Despite fluctuating in a volatile session, the Sensex added 105.71 points, closing at 80,746.78, while the Nifty advanced by 34.80 points to settle at 24,414.40.

The Indian armed forces' retaliation against terrorist outposts followed a massacre in Pahalgam, sparking market apprehension. Prashanth Tapse of Mehta Equities Ltd highlighted the markets' resilience despite Indo-Pak war tensions, predicting choppy sessions yet stock-specific activity in the near future.

While geopolitical tensions caused immediate market volatility, Pankaj Singh of SmartWealth.ai reassured investors of the markets' resilience post-crisis. The day's trading saw Tata Motors and Bajaj Finance among the gainers, while Asian Paints and Sun Pharma lagged. Overseas, Asian markets were mixed, with European and US markets closing lower.

(With inputs from agencies.)