
📉 Market Recap: Geopolitical Tensions Rattle Indian & Pakistani Markets
- 🔄 FII Trend Reverses: After 16 straight sessions of buying, Foreign Institutional Investors (FIIs) turned net sellers on May 9, offloading equities worth ₹3,799 crore due to escalating Indo-Pak tensions.
- ⚖️ Volatile Week for Indian Markets:
- Began strong but turned choppy mid-week.
- 📉 Sensex & Nifty50 fell 1.5% each, breaking a 3-week winning streak.
- 🔻 Sensex dropped below 80,000, Nifty hovered around 24,000.
- 🇵🇰 Pakistan Stock Market Crash:
- 📉 Karachi Stock Exchange (KSE-100) tumbled over 6% this week.
- ⛔ Trading halted thrice amid panic selling.
- 📅 Lost nearly 10% since April 22 (Pahalgam terror attack).
- 🎯 Operation Sindoor Impact:
- 🚁 Indian armed forces conducted surgical strikes on terror camps in Pakistan & PoK.
- 💥 Destroyed 9 terrorist camps, triggering sharp market reactions in the region.