The Indian rupee fell to 71.27 against the US dollar.
Islamabad (Pakistan Point News – 26th February, 2019) Amid increasing tensions between India and Pakistan following intrusion by the Indian side early Tuesday, Indian markets suffered a new low.
The Indian rupee fell to 71.27 against the US Dollar.
On the other hand, Indian bonds opened slightly late after a technical glitch on the trading and clearing platform early morning. The 10-year benchmark bond yield rose to 7.61 per cent compared with 7.58 per cent on Monday.
The broader NSE stock index declined 0.7 per cent.
In a fresh incident of LoC violations, an Indian aircraft on Tuesday intruded into the disputed Jammu and Kashmir region but soon returned back to India after a response from the Pakistan Air Force.
After they hurriedly tried to escape and released the payload behind in this bid, India claimed that they took the revenge of Pulwama attack for its face saving.