Sensex, Nifty end higher after volatile trade amid escalating tensions
The Hindu
Sensex and Nifty close higher despite market volatility after India's missile strikes on Pakistan terror targets.
Benchmark stock indices, Sensex and Nifty, closed higher in a volatile session on Wednesday (May 7, 2025) as India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir.
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After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 105.71 points or 0.13% higher at 80,746.78. In intra-day trade, the Sensex hit a high of 80,844.63 and a low of 79,937.48.
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The 50-issue Nifty of NSE advanced by 34.80 points or 0.14% to settle at 24,414.40. Nifty moved between a high of 24,449.60 and a low of 24,220 during the session.
In retaliation for the Pahalgam terror attack, Indian armed forces carried out missile strikes early Wednesday on nine terror targets in Pakistan and Pakistan-Occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base Muridke.
The military strikes were carried out under 'Operation Sindoor' two weeks after the massacre of 26 civilians in Jammu and Kashmir's Pahalgam.
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