India’s Retaliation National Pride! Markets Ride!
How did the Markets React? – Sensex & Nifty opened lower, remained volatile but ended positive. – Defence Stocks Rallied – Pakistan Markets crashed by 5%
Mumbai 26/11 Attack 2008 Nifty 50 Performance 1 M after: 8.3% 3M after: 0.7% 6M after: 54% 12M after: 81.9%
Uri Attack & Surgical Strikes 2016 Nifty 50 Performance 1 M after: -1.2% 3M after: -7.3% 6M after: 4.3% 12M after: 15.6%
Pulwama Attack & Balakot 2019 Nifty 50 Performance 1 M after: -6.3% 3M after: 3.8% 6M after: 1.7% 12M after: 12.7%