Pakistan Stock Market Index: The Pakistani stock market experienced a precipitous collapse after Indian Armed Forces conducted missile strikes- Operation Sindoor- on terrorist camps throughout Pakistan and Pakistan-occupied Kashmir. The development caused massive panic among investors, caused a large sell-off in early trading on Wednesday. From its previous close of 113,568.51, the benchmark Karachi Stock Exchange 100 (KSE-100) index fell 6,272 points, or 5.5%, to 107,296.64.

Pakistan's Stock Market Dowgraded Since Pahalgam Attack

Since April 22, when 26 Indian citizens were killed in a terrorist attack on tourists in Pahalgam, Kashmir, the Pakistani market has been steadily declining. As geopolitical tensions have increased, investor anxiety has grown, as evidenced by the KSE-100 index's nearly 8% decline since then.

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Indian Markets Are Resilient

Indian markets, on the other hand, proved resilient. After the Pahalgam attack, the Sensex increased by nearly 2%, and it rose by about 160 points in early trading on Wednesday. The intraday high and low of the index were 80,844.63 and 79,937.48, respectively. Likewise, throughout the session, the Nifty 50 fluctuated between 24,220 and 24,449.60 points.

Operation Sindoor

Official reports state that Operation Sindoor was started as payback for the terror attack in Pahalgam. During overnight missile strikes between Tuesday and Wednesday, the Indian Armed Forces targeted nine terrorist bases, including important sites connected to Lashkar-e-Taiba in Muridke and Jaish-e-Mohammed in Bahawalpur.

Investors have their eyes on both countries' future reactions to the geopolitical developments, which have caused anxiety in South Asian markets.

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