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PSX opens higher as Indian Markets Sensex and Nifty decline

WEB DESK: Pakistan Stock Exchange (PSX) opened on a positive note today, amid a subdued trading session as Indian markets, including the Sensex and Nifty, experienced declines.

The Pakistan Stock Exchange (PSX) demonstrated a strong recovery at the opening of trading today, reversing the significant decline experienced yesterday.

The benchmark 100 Index surged by 1,798 points, closing at 105,325 points, after a sharp drop of 6,482 points on the previous day, which had brought the index down to 103,526.

In regional markets, the sentiment remained mixed. Indian indices faced downward pressure, with the Sensex declining 523.24 points (0.65%) to 79,811.57 and the Nifty falling 189.85 points (0.78%) to 24,083.95 as of 9:23 am.

Market analysts suggest that ongoing developments related to Operation Sindoor are keeping investor sentiment cautious, and the market is expected to remain volatile in the near term.