From Nasdaq: 2025-05-09 00:26:00

Indian shares plunged as tensions between India and Pakistan escalated. The Indian Army successfully neutralized missile and drone attacks on military installations. Pakistan made cease fire violations, met with a strong response. Indian Navy carried out missile strikes on Pakistani naval bases in Karachi, causing damage and panic. US Vice President JD Vance stated the conflict is not America’s concern. Stock market dropped, with Sensex down 0.9% and Nifty down 1%. Defense stocks rose, including Bharat Forge, Bharat Dynamics, and Bharat Electronics. Tata Motors surged after US-UK trade deal.



Read more at Nasdaq: Sensex, Nifty Extend Losses; Defense Stocks Surge