




In a barbaric act, the bodies of two Indian soldiers were mutilated by the Pakistan Army which violated ceasefire along the Line of Control in Krishna Ghati sector of Poonch district and attacked a patrol team near the border on Monday.
Several sectors in the LoC are witnessing artillery gun fire and mortar shelling with the Neelam Valley, Kel and Keran taking the brunt. A latest Pakistani media report said at least 10 people were dead and another 14 wounded in two separate incidents in Pakistan Occupied Kashmir (PoK).
"Russia's clear stand on the need to combat terrorism mirrors our own," Modi said in a joint address to the media with visiting Russian President Vladimir Putin.
Looking at the non-performance of the large cap stocks, essentially private sector banks, Ashwani Gujral of ashwanigujral.com says an all-time for the Nifty may take some more time to reach.
Journalist Shelhar Gupta is of the opinion that India may be heading to a phase of violence along the LoC for some time.
The operation took place on Wednesday past midnight and is now over, Director General of Military Operations Lt General Ranbir Singh told mediapersons in New Delhi. He said he had also informed his Pakistani counterpart of the surgical strikes.
Speaking to CNBC-TV18, former Finance and Foreign Minister Yashwant Sinha said India has sent across the message that it will strike hard when needed.
During the Kargil War, the market had not reacted so sharply due to various reasons, says Ashwani Gujral, ashwanigujral.com. There was a software boom across the globe and a market rally had just started in the country. The current market rally is 7 months old and the market had to get hit by this news.
Foreign investors have nothing to fear and should not feel nervous, says Kant. India is going about its business and it has taken all possible actions to maintain peace, he adds.
Journalist Shekhar Gupta said there is definitely going to be a response from the Pakistan army and said this move definitely counts as escalation. But the escalation will be limited As long as the retaliation remains confined to LoC.
Sanjay Dutt of Quantum Securities says although the geopolitical risk is disconcerting, he does not think the military situation would go out of control
The operations took place on Wednesday night and is now over, Director General of Military Operations Lt General Ranbir Singh told media in New Delhi. He said he had also informed his Pakistani counterpart that India had carried out surgical strikes on Wednesday night.
"Alert troops noticed some suspicious movement along the Line of Control in Uri Sector in north Kashmir's Baramulla district this morning and challenged the intruders," an army official said.
Defence Minister Manohar Parrikar will arrive here tomorrow on a two-day visit to review security situation in Jammu and Kashmir, during which he is expected to visit the Line of Control and Siachen and meet Chief Minister Mufti Mohammad Sayeed.