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Markets Tumble Over 1% Amid India-Pak Conflict Flares Up

Millennium Post Delhi

|

New Delhi 10May2025

The rupee pared its initial losses to settle for the day higher by 22 paise to 85.36 against the US dollar

- OUR CORRESPONDENT

MUMBAI: Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

Besides, steep losses in realty, financial and utility stocks also dented investor sentiments, traders said.

The 30-share BSE benchmark gauge tanked 880.34 points or 1.10 per cent to settle at 79,454.47, in a largely range-bound trading.

The NSE Nifty dropped 265.80 points or 1.10 per cent to 24,008.

As many as 2,522 stocks declined while 1,343 advanced and 145 remained unchanged on the BSE.

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New & improved Iyer

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