By Admin 
Pahalgam After the terrorist attack, Pakistan’s retaliation is constantly carrying out its nefarious antics. Leaving drones and missiles from across the border. However, it is being given a befitting reply with other defense equipment and weapons, including the S-400s installed in India’s security. But this tension released between the two countries is falling on the shares of May My Trip.
Three consecutive trading days, its shares have broken up to about 10 per cent and the market cap has lost $ 105 million. This is the biggest decline ever since 2024. At that time, the stock of Make Moy Trip saw a decline of 11 per cent.
Travel and tourism under stress
Significantly, the tension between India and Pakistan is directly impacting tourism, travel and aviation sector. Because of this, there is a pressure of tremendous selling in the stock from this sector. On the one hand, while President Donald Trump has asked his citizens to leave Pakistan, on the other hand, due to this tension, both countries have so far canceled the flights.
Pakistan has announced to shut down its air space for Indian aircraft. In response, India has also closed its air space for Pakistan. This step of Pakistan is also suffering a daily loss of crores of rupees.
It is worth noting that earlier, due to the tariff of Trump, the global stock market had suffered heavy damage. Now this tension between India and Pakistan is being seen on the stock market of both countries. On Thursday, the stock market was seen in both places.
Also read: Good news from Britain and America amidst India-Pakistan tension on the border