May 9, 2025 4:12 PM
India-Pakistan tensions trigger selloff in stock markets, Sensex falls 880 points
Indian equity markets witnessed a sharp decline on Friday as rising tensions between India and Pakistan spooked investors. At the closing bell, the Sensex dropped 880.34 points, or 1.10 per cent, to close at 79,454.47, while the Nifty fell 265.80 points, or 1.10 per cent, to settle at 24,008. “Nifty traders appeared to embrace risk-off trades amid India-Pakistan tensions, as the index fell from its recent consolidation zone,” said Rupak De of LKP Securities. He added that the Nifty manage...