Missiles fly, markets diverge: Why Operation Sindoor turned Karachi stock market red and Sensex green
Markets in India and Pakistan painted a starkly divergent picture on Wednesday as military tensions escalated across the Line of Control. While Pakistan’s benchmark KSE-100 index tumbled 6% following India’s overnight tri-services strike on terror hubs in Pakistan and Pakistan-occupied Kashmir, Indian equities shrugged off early jitters to trade in the green. The military strike,…