Tensions rise between India and Pakistan following attacks. Swaminathan Aiyar reports escalating engagements, including strikes near Lahore, Rawalpindi, and Karachi. The Indian Navy is reportedly involved. Despite international calls for de-escalation, both sides ramp up actions. Washington anticipates restraint from these mature nuclear powers. A military solution is unlikely, with a political resolution expected. China’s support mitigates Pakistan’s financial concerns.
Nifty’s early comeback signal: Why largecaps are holding up as broader market slides
India’s equity market divergence suggests largecaps may be regaining leadership as mid- and smallcaps remain under pressure. The Nifty has recovered to broadly flat returns