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Market Mayhem: Sensex Tanks 900+ pts, Nifty Slips Below 24,000; India VIX Surges 7% Amid Rising Tensions

  • By admin
  • May 9, 2025
  • 18 Views

📊 Sensex Today | Stock Market LIVE Updates – May 9, 2025

🔻 Markets in Deep Red Amid Border Escalation

  • Indian benchmarks Sensex and Nifty opened sharply lower after reports of overnight drone and munition attacks by Pakistani forces.
  • Ongoing India-Pakistan tensions continue to rattle investor sentiment.
  • Nearly 50 casualties reported so far in the cross-border conflict.

📉 Broader Market Impact

  • All 13 major sectoral indices in the red.
  • Midcap index down 1%, Smallcap index falls 2%.
  • India VIX spikes 7%, reflecting heightened market volatility.

💥 Sector Highlights

  • 🚨 Airline, tourism, realty, aviation stocks under pressure.
  • 🛡️ Defence stocks surge up to 4% as conflict intensifies.
  • 🚁 Drone stocks rally up to 15%, driven by rising demand for high-tech military solutions.

📈 Stock Movers

  • 🔼 L&T jumps 4% after reporting a 25% YoY rise in Q4 profit to ₹5,497 crore.
  • 🔼 Kalyan Jewellers up 3% after Q4 net profit rises 36%.
  • 🔻 MCX tumbles nearly 7% post-Q4 results.

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