🔁Mario Nawfal:
🇮🇳🇵🇰INDIAN MARKETS SINK AS PAKISTAN TENSIONS SPIKE
Stocks, bonds, and the rupee all tumbled as fears of conflict with Pakistan rattled traders.
The Nifty 50 dropped 1.5%, small- and mid-caps plunged over 3%, and the rupee hit a two-week low.
The attack in Kashmir that killed 26 tourists and the threat of retaliation have turned profit-taking into panic.
Source: Bloomberg
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🇮🇳🇵🇰INDIAN MARKETS SINK AS PAKISTAN TENSIONS SPIKE
Stocks, bonds, and the rupee all tumbled as fears of conflict with Pakistan rattled traders.
The Nifty 50 dropped 1.5%, small- and mid-caps plunged over 3%, and the rupee hit a two-week low.
The attack in Kashmir that killed 26 tourists and the threat of retaliation have turned profit-taking into panic.
Source: Bloomberg
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
3 days ago
