Operation Sindoor Sends Shockwaves Through Pakistan's Stock Market, Trading Suspended

New Delhi (The Uttam Hindu): After the Pahalgam terrorist attack, India destroyed the terrorist camps in Pakistan through 'Operation Sindoor'. India's action has created panic in the Pakistani government and army. On the other hand, India's continuous action against Pakistan is having a big impact on its economy. Even the stock market of the neighboring country has seen a huge decline.

Pakistani stock exchanges fell by more than 6 percent on Thursday and trading has also been halted due to this. Pakistan's stock market has been witnessing a continuous decline since the Pahalgam terrorist attack. The main index Karachi Stock Exchange 100 Index (KSE-100) has slipped by about 13 percent since April 22. On April 22, the KSE-100 index was at 1,18,430, which has now fallen to 1,03,060. Apart from this, another Pakistani stock index KSE-30 has also fallen by 14.3 percent so far. Pakistan's stock market is showing the picture of the bad condition of the economy there. Pakistan has only $ 15 billion in foreign exchange reserves and the country is on the verge of economic collapse.

Along with this, Pakistan is also pleading for a loan from the IMF to run its GDP. After the terrorist attack, India is taking many other types of actions along with military on the neighboring country, which includes suspending the Indus Water Treaty, which has hurt Pakistan financially. According to reports, due to the cancellation of this treaty, a large number of Pakistani industries may face water shortage. Under 'Operation Sindoor', India took a major military action on the neighboring country. In this, 9 terrorist hideouts were targeted, in which a large number of terrorists were killed. Due to the bravery of the Indian Army, there is an atmosphere of fear among the terrorists all over Pakistan.