Share Market: The heart-wrenching terrorist attack in Pahalgam in Jammu and Kashmir has shook the entire country. This has affected the stock market. After this attack, India has taken tough diplomatic steps against Pakistan. 26 people were killed in this attack. The market saw a slight decline after this incident.
Due to increasing tension between India and Pakistan, investors are closely monitoring what happens next. The market is currently moving at a stable pace, but everyone is thinking – ‘What will happen next?’ Investors are taking every step very carefully in this market instability. Now everyone’s eyes are on the government’s next response and cross -border activities.
The decline in the market is directly related to increasing stress between India and Pakistan.
Narendra Singh, the smallcase manager and founder of growth investing, said that the decline in the market is related to increasing stress. He said that this decline is directly related to increasing stress between India and Pakistan. In fact, India has taken important and drastic steps in response to the terrorist attack. These include expel to Pakistani Defense Advisors, reducing the number of employees at the Indian Embassy in Islamabad and the major water-sharing agreement between the two countries, suspending the Indus Water Treaty of 1960. Apart from this, movement has also been stopped along the Indo-Pakistan border.
These steps have not only stirred political circles, but its direct effect is also being seen on the markets. Narendra Singh said that India’s action is being seen as a response to the terrorist attack, but there is a worry that the situation may deteriorate. If stress increases, it can have a direct impact on the market.
Indian market performed better than other markets
Dr., Chief Investment Strategist, Geojit Financial Services. V.K. Vijaykumar says that till now the Indian market is doing better than other markets in the world. He said that the US S&P 500 index is 8.4% below this year, while India’s Nifty is up 2.27%. There are many specific reasons for this, but Dr. Vijaykumar made it clear that investors should be cautious in view of the situation.
How and when India reacts to terrorist attack will have a direct impact on the market. Therefore, do not be afraid and invest wisely. At the same time, Narendra Singh said that how the governments around the world react to this issue, it will also affect the market move. Singh said- If the situation is controlled through international diplomacy, then the market may be stable. Otherwise, more ups and downs will appear.
Sensex closed down 315 points
Today, after the day -long trading, the Sensex fell 315 points to close at 79,801. At the same time, the Nifty also saw a decline of 82 points and it closed at 24,246.
The post Pahalgam terror attack impacts the stock market, experts gave this advice to investors first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
