Monday, October 19
Air Marshal AK Bharti, Director General Air Operations (DGAO), on Monday said that India's battle was with terrorists but the Pakistani military chose to support terrorists and widened the conflict. "We also reiterated that our fight was with terrorists and their support infrastructure and not with Pakistan military. However, it is a pity that the Pakistan military chose to intervene and bat for the terrorists which compelled us to respond in kind," Air Marshall Bharti said, adding that they are responsible for all the damage caused to them. 121053149The DGAO talked about how the Indian forces blunted the Pakistan's offensive and reduced damage to both civilian and military infrastructure in the country. He added that Indian Air Defence Systems have a large range of AD sensors and weapon
De-escalation in the US-China trade war sparked a strong rally in Indian metal stocks, which surged over 8% on Monday. The jump came after the world’s two largest economies agreed to significantly ease their tit-for-tat tariffs for a 90-day period.The rally was supported by a sharp uptick in global metal prices, driven by optimism that further tariff escalations may be off the table. An all-out trade war had previously raised concerns over a potential global economic slowdown, which could have weighed heavily on metal demand.At the index level, Nifty Metal was up by more than 5%, with all 15 stocks in the index trading in the green. Lloyds Metals And Energy was the top gainer which surged 8% and it was followed by Hindustan Copper and Steel Authority of India (SAIL) which were up by over
Pakistan's equity benchmark Karachi 100 (KSE 100) index opened over 9% higher on Monday after the country’s military called for a ceasefire with India over the weekend, following heavy losses at its air bases.The KSE 100 rallied more than 9% to 117,104 points, after closing Friday’s session 3.5% higher. Pakistani stocks had been under pressure, and trading was halted for an hour on Thursday after the benchmark index crashed 7.2% amid panic triggered by India's Operation Sindoor.So far in May, the KSE 100 index is down 3.4%, after a 5.5% decline in April, driven by escalating India-Pakistan tensions following the April 22 terrorist attack on tourists in Pahalgam, Kashmir.Meanwhile, India’s Sensex and Nifty also surged more than 2.7% on Monday. However, analysts cautioned that any fres
