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- After the Air Strike, Pakistani Market Fell by 10,000 Points In Two Days
Mumbai5 minutes ago
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The KSE 100 has fallen by 13% since the Pahalgam terror attack on 22 April, while the KSE 30 has fallen 14% so far.
Pakistan’s stock market declines by more than 6% on May 8, after the Aermarks carried out by India in response to the Pahalgam attack. The Karachi-100 index is trading at a level of 6,950 points to 103,060.
There was a decline of 3,556 points (3.13%) in the market yesterday. That is, the Pakistan market has fallen about 10,000 points in two days. At the same time, KSE 100 has fallen by 13% since the Pahalgam terror attack on 22 April, while KSE 30 has fallen 14% so far.
Pak investors eye on IMF’s decision
Investors in Pakistan are eyeing IMF i.e. the decision of International Monetary Fund. In this, the IMF will decide whether the funding facility given to Pakistan is to expand or not. IMF will announce its decision tomorrow i.e. on 9 May.
India had airspike on 9 terrorist bases of Pakistan
On May 7, on May 7, at around 1 pm, he launched aircraft at 9 terrorist bases in 7 cities of Pakistan. More than 100 terrorists were killed in this. The three forces together have named this strike on Pakistan as ‘Operation Sindoor’.
The name is dedicated to women whose husbands were murdered by terrorists after asking religion in Pahalgam on 22 April. This counter -action of India has been taken 15 days after the Pahalgam attack. The terrorists killed 26 people in the Pahalgam attack.
Three explosions in Lahore after airspai
After the airplane, there were three blasts one after the other on Walton Road in Lahore in Pakistan today, causing people to come out of the houses due to fear. Ary News gave this information quoting the police. The blasts took place around Gulberg, which is one of the sensitive districts of Lahore.
Jio political tension has no effect on the Indian market
After the airplane, the Jio political tension between Indo-Pak is not showing any impact on the Indian market. The fourth trading day of the week is a decline in the stock market today i.e. on Thursday, 8 May. The Sensex is trading at the level of 80,600, falling more than 150 points. The Nifty also declines by about 100 points. It is above 24,300.
15 out of 30 shares of Sensex declines. Jomato shares have dropped 4%. Mahindra, Maruti, Tata Steel and IndusInd Bank shares fall by 2.5%. Whereas, Axis Bank, Tata Motors, HCL Tech, Kotak Bank shares today have a rise of 1.33%.
35 out of 50 shares of Nifty is a decline. Auto, metal, pharma and healthcare have a decline of up to 1.3%. The same, auto IT media and banking sector are trading above 1%.
