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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
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.
This story is from the May 09, 2025 edition of Business Standard.
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