Sensex, Nifty face heavy volatility after India avenges Pahalgam attack

Equity benchmark indices Sensex and Nifty faced heavy volatility on Wednesday morning trade after India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir.

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The Sensex hit the day's high of 80,844.63 and an intra-day low of 79,937.48. The NSE Nifty hit a high of 24,449.60 and a low of 24,220.

Both the benchmark indices depicted range-bound trading during the morning trade. The BSE benchmark gauge traded 87.81 points lower at 80,553.26, and the Nifty quoted 16.55 points down at 24,365.05.

Retaliating for the Pahalgam terror attack, Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in Muridke.

The military strikes were conducted under 'Operation Sindoor' two weeks after the Pahalgam attack that killed 26 civilians.