Resilient Markets: India's Equity Defies Geopolitical Tensions

Indian equity markets demonstrated remarkable resilience on Wednesday, closing on a positive note despite geopolitical tensions. This coincided with India's missile strikes on terrorist positions in Pakistan and Pakistan-Occupied Kashmir, a response to the recent attack in Pahalgam.

The BSE Sensex, after swinging between gains and losses, ended 105.71 points higher at 80,746.78. Meanwhile, the Nifty-50 gained 34.80 points, closing at 24,414.40, as the indices maintained composure despite external pressures.

Anand Rathi Research highlighted the inherent stability of Indian markets during turbulent periods, emphasizing macroeconomic fundamentals over short-lived sentiment spikes. Historical data shows minor corrections during Indo-Pak tensions, driven by investor focus on earnings, liquidity, and policy, rather than geopolitical concerns.

(With inputs from agencies.)