Business

Operation Sindoor has had minimal impact on Indian stock markets. (AI image) Operation Sindoorimpact: Market reactions to Indo-Pak military tensions have historically been measured. During past confrontations between the two nations since 1999, the Nifty 50 has typically experienced modest declines of approximately 5%, followed by robust recoveries yielding double-digit gains within six months.Despite border…

Operation Sindoor impact: The defence sector stocks witnessed significant upticks. (AI image) Operation Sindoor: Defence stocks rallied on Wednesday, with key companies like Mazagon Dock Shipbuilders recording gains of up to 4%, following the Indian Armed Forces‘ Operation Sindoor on May 7. The military action was directed at terrorist facilities in Pakistan and Pakistan-occupied Jammu…

Gold prices today: Investors are now focused on the Federal Open Market Committee (FOMC) meeting scheduled for later today. (AI image) Gold rate today: Gold pricesdeclined on Wednesday amid growing optimism about potential trade discussions between the United States and China, which reduced demand for safe-haven assets. Investors are awaiting the U.S.Federal Reserve’s policy announcement…

The Pakistan stock market has plunged since the April 22 attack in Pahalgam. (AI image) Operation Sindoor impact on Pakistan stock exchange: The Pakistani stock market’s primary index plunged around 5% on Wednesday following India’s overnight military operations at multiple terrorist facilities in Pakistan and Pakistan occupied Kashmir.Indian authorities said nine locations containing terrorist infrastructure…

A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US…