How will India-China military clash impact stock markets? Check expert analysis by Ajay Bagga

Renowned market expert Ajay Bagga has analysed the impact of the biggest India-China military confrontation in over five decades. According to Ajay Bagga, on Tuesday when it was reported that 3 Indian soldiers were martyred in India-China military confrontation, the stock markets witnessed a decline but later on the bazaar soared again. "As of now, there are no clear directions in the Indian stock markets but yes global signals are very strong due to this India-China  military confrontation." 

Talking about the impact on stock market, Bagga said, "FIIs were concerned as well, but there were no clarity. And, we can't trust China at all." Moreover, Bagga gave greater clarity on the market sentiment in view of  biggest ever military confrontation between the two armies and for this detailed analysis of the clash and its impact on stock markets, watch video below:-

#BazaarKiBaat | मार्केट एक्सपर्ट अजय बग्गा से जानिए भारत-चीन सीमा विवाद का विस्तार विश्लेषण और समझिए बाजार पर इसका कैसा असर?#ZBizBazaar #IndiaChinaFaceOff #IndiaChinaBorder #Sensex #Nifty @AnilSinghvi_ @Ajay_Bagga pic.twitter.com/zNzo7iWZ7X

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The Indian Army on Tuesday said 20 Army personnel, including a colonel, were killed on Monday night in the military confrontation.

There were 35 casualties on the Chinese side, some sources citing US intelligence reports said.

Government sources on Tuesday said the Chinese side suffered "proportionate casualties".

On Wednesday, Defence Minister Rajnath Singh reviewed the overall situation in eastern Ladakh with Chief of Defence Staff Gen Bipin Rawat and the three service chiefs.

Last night, Prime Minister Narendra Modi held a meeting with the Defence minister as well as Home Minister Amit Shah, Foreign Minister S Jaishankar, Finance Minister Nirmala Sitharaman and Army Chief General MM Naravane on the situation in the region.