Indian stocks nose dive after surgical strikes claim

MUMBAI: India’s stock market witnessed a nose dive following claims of surgical strikes across the Line of Control (LoC).

Pakistan dismissed the Indian claim, adding there had been cross-border firing initiated and conducted by India in which two Pakistani soldiers embraced martyrdom. The ISPR termed the notion of surgical strike as an illusion created by India and termed the Indian establishment's rebranding of cross border fire as a surgical striketo be'fabrication of [the] truth'.

BSE benchmark SENSEX in a major downward spiral plunged465 points to 27,827.

A similar trend was seen at the National Stock Exchange index Nifty which dropped by 186 points.