India Pakistan Ceasefire and Share Market: In April, investors were getting relief from Trump Tariff that the terrorists attacked Pahalgam. After this, India demolished 9 terrorist hideouts in Pakistan and PoK through Operation Sindoor. Furious Pakistan also targeted the Indian cities on the border and the matter reached the war. Meanwhile, the intervention of US President Donald Trump was ceasefire in both countries. Know how the market trend is in this situation and what to do investors?
How was the Sensex and Nifty move: The last week for the stock market was tense due to military conflict between India and Pakistan. The 30 -share Sensex of BSE came down 1,047.52 points. In the last 2 days, the Sensex declined by 1,292.31 points. After the increasing tension between India and Pakistan, the assets of investors decreased by Rs 7 lakh crore in 2 days due to the upheaval in the stock markets. On Friday, the Nifty also fell 265.80 points, or 1.10 percent, to close at 24,008 points. On a weekly basis, BSE Sensex declined 1,047.52 points, or 1.30 percent and NSE Nifty declined by 338.7 points i.e. 1.39 percent.
The market evaluation of eight out of the top 10 most valuable companies in the Sensex has collectively declined by Rs 1,60,314.48 crore last week. Reliance Industries has been the most damaged amidst the decline in the stock market. Market evaluation of HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance and ITC declined.
Shares of defense companies boom: The shares of companies belonging to defense sector recorded a boom amidst increased tension on the border between India and Pakistan. Despite the standard index falling in the stock market, there was a lot of attraction in the shares of companies associated with defense activities. On Friday, BSE increased by 7.18 percent in Paras Defense and Space Technologies Limited, 5.34 percent in India Dynamics Limited, 2.92 percent in Bharat Electronics Limited, 1.84 percent in Hindustan Aeronautics Limited and 1.38 percent in Garden Reach Shipbuilders and Engineers Ltd.
ICICI Bank, Power Grid, UltraTech Cement, Bajaj Finance, HDFC Bank, Reliance Industries, Bajaj Finserv, Adani Ports, Mahindra & Mahindra and NTPC declined significantly.
What experts say: Market expert Sagar Aggarwal said that the last week remained negative from the stock market. Almost all sectors including metal, auto declined. Only Defense Sector shares performed well. He said that due to India Pakistan military conflict, people are not showing interest in the market at the moment. There is an atmosphere of fear among foreign investors as well as domestic investors. Because of this, the investment in the market has also decreased through SIP and mutual funds. He said that at present, there is a osteoporism and there is a lack of positivity.
Aggarwal said that even after the announcement of the ceasefire, investors should not expect the market to grow completely. There may be instability in the market throughout the month. People are afraid that Pakistan will not desist from its antics. This can once again increase conflict between the two countries. It never happens that the market will increase completely. He said that the investor is currently in a position of weight and watch. Regularly monitoring of the market is also taking Calculated Risk with vigilance.
Disclaimer: This article is only aimed at information. This is not an investment advice. Be sure to consult your financial advisor before any investment.
