Operation Sindoor: For the first time since the year 1971, on behalf of the three organs of the Indian Army, it was a chance when he took out the ‘Operation Sindoor’ and took out all the pimples of Pakistan. Attacking 9 of his 9 terrorists, he gave such a befitting reply to the Pahalgam attack, which he would not have expected. After Operation Sindoor, on the one hand on Wednesday, the Indian stock market remained unhappy, on the other hand, Pakistan’s stock market crashed badly. The Karachi stock index saw a major decline of about 6 percent.
Indian rupee dropped by 45 paise
However, the special thing is that after this operation, there has been a significant decline in the Indian rupee than Pakistan. The Indian rupee fell 45 paise on Wednesday 7 May against the dollar, while talking about the Pakistani rupee, it fell only 13 paise against the dollar. On Wednesday, the rupee closed at 84.80 after a fall of 45 paise.
The rupee opened at 84.65 in the Interbank Forex Exchange Market and wandered between the highest level of the day of 84.47 and the low of 84.93 against the dollar. At the end of the trading, the rupee closed at 84.77 per dollar, which is a decline of 42 paise from its previous closed level. On Tuesday, the rupee fell by five paise to close at 84.35 per dollar.
Pakistan rupee fell only 13 paise
In Pakistan, on Tuesday, the rupee was at 281.17 against the rupee, which came to Budhar at 281.30. That is, it saw a decline of only 13 paise. Pakistan’s rupee was 280.85 rupees two days ago. Market experts say that the rupee may be strong on Thursday, but if the answer is attacked by Pakistan, then the Indian rupee may see a decline.
Research analyst Anuj Chaudhary of Mirae Asset Sharekhan says that he hopes that the rupee will trade with a positive attitude due to weak dollars and positive domestic and global markets. FII investment flow can also support the rupee. However, increasing geopolitical stress between India and Pakistan and the increase in crude oil prices can prevent rapid rise. ”
The dollar index measuring the dollar’s strength compared to the world’s six competitive currencies was trading at 99.46 with a gain of 0.23 percent. Global oil benchmark brent crude futures increased by 0.42 percent to $ 62.41 per barrel. In the domestic stock market, 30 -share BSE Sensex rose 105.71 points to close at 80,746.78 points, while the Nifty closed at 24,414.40 points with a profit of 34.80 points. According to exchange data, foreign institutional investors (MIIs) remained pure buying in the capital market. He bought shares worth Rs 2,585.86 crore on a pure basis on Wednesday.
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