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Business News: The recent Operation Sindoor between Indo-Pak not only hurt Pakistan's valor but also saw the impact of this military success clearly on the economic markets of the country. In the April-May month, India registered a significant victory on many fronts, the most special ceasefire declared on May 10 after a tough military move against Pakistan. During this period, the trust of investors in Indian stock markets increased and more than 21.50 crore investors got a total profit of Rs 26.44 lakh crore due to huge rise in 5 business days.
At the end of last week, there was a tremendous jump in the Sensex. The Sensex, which closed at 79,454.47 points on 9 May, reached 82,330.59 points by 16 May, which is an increase of 2,876.12 points in five business days. During this time the Sensex gave investors a great return of 3.62 per cent, which presents a strong picture of the market trust and positivity. At the same time, Nifty performed better than the Sensex. On May 9, it rose from 24,008 points to 25,019.80 points on 16 May, showing an increase of 4.21 percent.
Analysts believe that the rift in Pakistan's pride after Operation Sindoor strengthened the confidence of investors in the Indian markets. Along with this, the declaration of ceasefire raised hope for peace, which saw an improvement in the risky environment. On the other hand, the world's big markets like America, China, Japan etc. did not see that fast during this period. The special thing is that India's stock market gave the best returns to investors despite global economic uncertainties.
Market captilation is also an accurate mirror of this fast. On May 9, the total market cap of BSE was around Rs 4,16,40,850.46 crore, which increased to Rs 4,42,84,829.05 crore by 16 May. This means that an unprecedented increase of Rs 26,43,978.59 crore was recorded in the total capital of investors in just five days. This edge shows the enthusiasm of investors and the strength of the market.
The world's largest stock markets such as Dow Jones, Nasdaq, S&P 500 saw a rise of around 2 per cent during this period. At the same time, China and Honchong markets jumped less than just 1 per cent, and Japan's Nekkai index gave only a minor return of 0.15 per cent. India performed brilliantly compared to all this and gave better returns to investors. It is an indication that India's economic condition is strengthening amidst global economic challenges and investors are expressing confidence in the development story of the country.
This boom shows the increasing confidence of investors on the strength of the Indian economy and future prospects. The wave of confidence in military success after Operation Sindoor has created a positive atmosphere in the economic sector. Also, amidst the global economic crisis and competition, India has waved its economic stability and development capacity. Experts believe that if the trust of investors continues in the same way, then there may be more strong economic performance in the coming months.