India-Pakistan War Erupts

India strikes Pakistan. Centrist Nation News. 07 May 2025.
Defense Stocks Jolt as India-Pakistan War Erupts; Rafale jets Downed, Markets React. Tensions between India and Pakistan have sparked a sharp reaction in global defense markets. After India launched "Operation Sindoor" targeting sites in Pakistan and Azad Kashmir, defense stocks experienced dramatic shifts. Dassault Aviation shares dropped 6% following reports of downed Rafale jets, while China’s Chengdu Aircraft Corporation surged 12%. Pakistan claims it downed five Indian aircraft, including three Rafales, though India has not confirmed these losses. With civilian casualties reported and both nuclear-armed nations on high alert, world leaders are urging restraint amid rising fears of a broader regional conflict.