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Mkts wobble amid cross-border heat

Business Standard

|

May 09, 2025

India Vix rises to its highest level in a month

- ABHISHEK KUMAR

Mkts wobble amid cross-border heat

Benchmark indices NSE Nifty 50 and BSE Sensex turned shaky, while the volatility index spiked on Thursday amid rising tensions between India and Pakistan.

The Sensex declined by 412 points, or 0.51 per cent, to close at 80,335, with 23 of its constituents ending in the red. The Nifty 50 fell 141 points, or 0.6 per cent, to 24,274.

India on Thursday said it had foiled attempts by the Pakistani military to engage multiple military targets in northern and western India. In response, the Indian armed forces targeted air defence radars and systems at multiple locations inside Pakistan.

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