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Markets Tank Over 1% as India-Pak Tensions Flare
Hindustan Times Jammu
|May 10, 2025
Steep losses in realty, financial, and utility stocks also weighed on investor sentiment
MUMBAI: Stock market benchmark indices Sensex and Nifty tumbled over 1% each on Friday as tensions soared between India and Pakistan, fueling fears of a wider conflict.
Besides, steep losses in realty, financial, and utility stocks also dented investor sentiments, traders said. Extending its previous day's decline, the 30-share BSE benchmark gauge tanked 880.34 points or 1.10% to settle at 79,454.47, in a largely range-bound trading. As many as 2,522 stocks declined while 1,343 advanced and 145 remained unchanged on the BSE.
The NSE Nifty dropped 265.80 points or 1.10% to 24,008.
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