🚨Market reacts after tensions between #IndiaPakistan 🇮🇳🇵🇰
▪️Immediate market reactions - volatility and sell-offs , sharp decline in Nifty 50 and Sensex
▪️Most affected sectors are aviation, tourism, banking, finance and defence stocks.
▪️Indian Rupee (₹) weakens against the US dollar
▪️ If hostilities lead to damage in trade corridors like the Arabian Sea or Gwadar Port, global oil supply chains could be affected.
▪️Gold prices rise and oil prices become volatile
▪️FDI and FPI investors confidence take a hit.