Indian benchmark indices Sensex and Nifty opened marginally lower on Wednesday after the Indian Armed Forces conducted precision strikes on terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK) under Operation Sindoor, in response to last month’s Kashmir attack.
At around 9:17 am, the BSE Sensex was down 81 points, or 0.1%, at 80,560, while the Nifty50 slipped 21 points, or 0.09%, to 24,358.
The Ministry of Defence said that India struck nine terror-related targets in Pakistan and Pakistan-occupied Kashmir (PoK) using special precision munitions. Key locations targeted included Bahawalpur, Muridke, and Sialkot. The operation involved coordinated efforts by the Army, Navy, and Air Force, with assets and troops mobilised for the mission.
“A short while ago, the Indian Armed Forces launched 'Operation Sindoor', striking terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir—locations from where terrorist attacks against India have been planned and directed,” the Ministry of Defence stated.
“Our actions have been focused, measured, and non-escalatory in nature. No Pakistani military facilities have been targeted. India has demonstrated considerable restraint in selecting targets and in the method of execution,” it added.
From the Sensex pack, HCL Tech, Asian Paints, Nestle India, HUL, Titan, and Sun Pharma were among the top laggards, falling up to 1.5%. Meanwhile, Tata Motors, HDFC Bank, Power Grid, SBI, and IndusInd Bank opened with gains.
Tata Motors surged over 4% after the company announced that shareholders have approved its plan to split into two listed entities, separating its passenger vehicle (PV) and commercial vehicle (CV) businesses.
At around 9:17 am, the BSE Sensex was down 81 points, or 0.1%, at 80,560, while the Nifty50 slipped 21 points, or 0.09%, to 24,358.
The Ministry of Defence said that India struck nine terror-related targets in Pakistan and Pakistan-occupied Kashmir (PoK) using special precision munitions. Key locations targeted included Bahawalpur, Muridke, and Sialkot. The operation involved coordinated efforts by the Army, Navy, and Air Force, with assets and troops mobilised for the mission.
“A short while ago, the Indian Armed Forces launched 'Operation Sindoor', striking terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir—locations from where terrorist attacks against India have been planned and directed,” the Ministry of Defence stated.
“Our actions have been focused, measured, and non-escalatory in nature. No Pakistani military facilities have been targeted. India has demonstrated considerable restraint in selecting targets and in the method of execution,” it added.
From the Sensex pack, HCL Tech, Asian Paints, Nestle India, HUL, Titan, and Sun Pharma were among the top laggards, falling up to 1.5%. Meanwhile, Tata Motors, HDFC Bank, Power Grid, SBI, and IndusInd Bank opened with gains.
Tata Motors surged over 4% after the company announced that shareholders have approved its plan to split into two listed entities, separating its passenger vehicle (PV) and commercial vehicle (CV) businesses.
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