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Sensex slumps 500 points as govt confirms surgical strikes across LoC

The Indian Express logoThe Indian Express 29-09-2016

Markets reacted sharply this morning as the DGMO confirmed that India had conducted surgical strikes last night along the Line of Control.

Sensex plunged 500 points and Nifty fell 120 points, below 8,700.

“India conducted surgical strikes last night on the LoC to safeguard our nation. Significant casualties have been caused to terrorists and those trying to shield them. We don’t have a plan to further conduct such strikes. India has spoken to Pakistan,” DGMO Lt Gen Ranbir Singh said.

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