
📉 Sensex Drops 700 Points: Indian equity markets opened sharply lower as geopolitical tensions between India and Pakistan spooked investors.
💥 Indo-Pak Conflict Escalates: The drop follows overnight missile and drone attacks by Pakistani forces on military targets in Jammu & Kashmir, reported by the Indian Army.
📊 Nifty Below 24,000: Nifty50 also slipped significantly, mirroring the broad market sell-off across sectors.
📉 All Major Sectors in Red: Barring select defence and drone stocks, most sectoral indices, including banking, auto, and realty, traded deep in the red.
🛡️ Defence Stocks Surge: Stocks linked to defence and drone technologies rallied up to 17% on expectations of increased government spending amid rising tensions.
📈 India VIX Spikes: The volatility index surged over 7%, indicating heightened market nervousness.