Sensex slumps 500 points as govt confirms surgical strikes across LoC

Sensex plunged 500 points and Nifty fell 120 points, below 8,700.

By: Express Web Desk | New Delhi | Updated: September 29, 2016 6:35 pm
BSE, Sensex, Nifty, NSE, News, Markets, business news, india markets, asia markets, world markets, stocks, stock price Sensex plunged 500 points and Nifty fell 120 points, below 8,700.

Markets reacted sharply this morning as the DGMO confirmed that India had conducted surgical strikes last night along the Line of Control. Sensex crashed 555 points and Nifty slides about 170 points in noon trade.

“India conducted surgical strikes last night on the LoC to safeguard our nation. Significant casualties have been caused to terrorists and those trying to shield them. We don’t have a plan to further conduct such strikes. India has spoken to Pakistan,” DGMO Lt Gen Ranbir Singh said.

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