Operation Sindoor Impact on Stock Market: Operation vermilion run by the Indian Army against Pakistani terrorists has had a direct impact on the stock market. Due to this action, there is chaos in Pakistan’s stock market and there has been a decline of about 6 percent in the Karachi stock index. During the initial trade, KSE-100 declined by 6272 points and came to 107,296.64. The Karachi Stock Index closed on Tuesday at 113,568.51 a day earlier.

On the other hand, the Indian stock market immediately recovered after opening in the Red Zone on Wednesday morning. In such a situation, the question is arising as to how Operation Sindoor saluted the Indian market on one side, on the other hand, why did Pakistan’s stock market be bled in this way?

How Indian market is standing

In fact, the market experts believe that foreign investors are standing firmly with the Indian market and are expressing full confidence. Dr. Vijay Kumar, Chief Investment Strategist of Jijit Financial Services, says that the most important thing is that this entire operation was not provoking.

During the last 14 sessions, foreign institutional investors have added Rs 43,940 crore to Indian equity. Apart from Bhurajnic stress, he has expressed his full faith in the Indian stock market. Along with this, India’s strong economy and the weak China and the economic pace of American have also worked in its favor. Foreign investors expressed their confidence in the stability and strong currency of the Indian market.

However, on the one hand, where the market has bounced back, there is also a policy of business tension in the minds of investors and the upcoming American Federal Reserve today.

Pakistan’s market

On the other hand, there is a situation of chaos in the stock market of Pakistan. Since April 23, it has declined by 9,930 points. 26 tourists were killed in an attack in Pahalgam, Kashmir. Its direct wire was found to be connected to Pakistan. After this, taking action, India announced to reduce the number of Pakistan diplomats and cancel the Indus Water Agreement, along with cancellation of exemption in SAARC visa.

The Karachi Stock Exchange benchmark KSE-100 index trading on April 24, after the Pahalgam terrorist incident on 22 April, broke down 2,485 points within minutes as soon as the business started.

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Pakistan Stock Market after Operation Sindoor: The Operation Sindoor carried out by India in response to the Pahalgam terror attack, where the Indian stock market saluted on one side and made an open lead in the Red Zone. On the other hand, there is a huge furore in the stock market of Pakistan and investors are scared. After the attack on Pakistan’s terrorist bases on Wednesday, Pakistan’s benchmark share index opened up 5.78 percent. The KSE-100 index is trading at 6,272 points or 5.5 percent in early trade at 107,296.

Since April 23, it has fallen by 9,930 points so far. Significantly, on April 22, he was attacked in Pahalgam in Jammu and Kashmir and 26 people died in it. Most of those who died were tourists. In the investigation of security agencies, the direct wire of this attack connected to the border.

Class in Pak stock market

After the Pahalgam attack, the Government of India announced to abolish all kinds of relations including Pakistan’s trade. After this action of the Government of India, while his economy is having a very bad effect on one side, on the other hand, Pakistan’s stock market is constantly crashing. Due to the falling Pakistan’s stock market, so far, billions of rupees of investors in Pakistan have been destroyed.

It is worth noting that Pakistan fasted with the cancellation of exemption in SAARC visa, reducing the number of Pakistan diplomats and canceling the Indus Water Agreement. Not only this, after the 22 April Pahalgam terrorist incident, the benchmark KSE-100 index of Karachi Stock Exchange on April 24 broke down 2,485 points within minutes as soon as the business started.

Billions of rupees became self

After April 22, the KSE index has seen a decline of 5,494.78 points i.e. 4.63 percent. While the market cap of Karachi Stock Exchange was $ 52.84 billion, it fell to $ 50.39 billion on April 29.

Within a few days, the Pakistani stock market has lost more than $ 2.45 billion. A more serious economic challenge has arisen in front of Pakistan, already in front of the tightness. While inflation in Pakistan increased by 38.5 percent in May 2023, the foreign exchange reserves have been less than $ 3.7 billion.

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Pahalgam terror attack: Today, a week of Pahalgam terror attack has been completed. After the terrorist attack in Pahalgam in Jammu and Kashmir on Tuesday, April 22, tension has increased between India and Pakistan. 26 innocent tourists died in this terrorist attack.

Taking a tough stand on this deadly terrorist attack, India took many tough steps against Pakistan. The prohibition of bilateral trade by the Government of India and the suspension of the Indus Water Treaty seems to have a profound impact on Pakistan’s economy as the KSE-100 index fell 1,405.45 points or 1.22 percent to close at 114,063.90 on Monday.

Pakistani stock market shakes with India’s decision

On Tuesday, the KSE-100 index has seen a decline of 1100 points. The decision to cancel the government’s SAARC visa exemption scheme, expel Pakistani Military Advisor (Athe), reduce the number of its diplomatic staff in Pakistan and shut down the attic border shook Pakistan’s stock market.

On April 24, the benchmark KSE-100 index of Karachi Stock Exchange broke within a few minutes of the start of the index business. There was a little recovery during the day, but then it fell 2,206 points to close at 115,019.81. Even today, Karachi Stock Exchange was trading at 114,007.40 points at 1:40 pm.

Lose 70 thousand crores after the Pahalgam attack

Let us know that after April 22, the KSE index has seen a decline of 5,494.78 points i.e. 4.63 percent. While the market cap of Karachi Stock Exchange was $ 52.84 billion, on April 29 it fell by 100 points to $ 50.39 billion. That is, the Pakistani stock market has lost $ 2.45 billion in a few days. According to this, after the Pahalgam attack, the Pakistani stock market has lost about 700000 crores so far.

Many challenges in front of Pakistan

Apart from the fluctuations of the stock market, Pakistan is facing a serious economic crisis. In May 2023, inflation increased by 38.5 percent here. Economic growth is also going to negative. The foreign exchange reserves have come down to just $ 3.7 billion, which has now become difficult to import.

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Pakistan continues to regret a air rasp for Indian aircraft, loss of 700 crores in 5 months