InvestorQ : What is happening on the Indo-China border and will it have an impact on the markets?
indhumathi Sayani made post

What is happening on the Indo-China border and will it have an impact on the markets?

Answer
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shrinidhi Rajan answered.
4 months ago


While the 3 defence chiefs have met with Rajnath Singh, there has also been a high level meeting between the Defence minister and the Prime Minister on the clash between Indian and Chinese troops along the Line of Actual Control. Three Indian army personnel were killed and Chinese army also sustained casualties. This violent face-off took place in Galwan area of Ladakh, which has seen tensions building up for some time now. However, the markets on Tuesday bounced back sharply after it dipped post reports about clashes. The markets are betting that any skirmish would be short lived and hence was unlikely to impact market sentiments.