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Pakistan rubbishes Indian claims of Surgical Strike inside Pakistan.

Indian stock market dived as benchmark indices have wiped off all gains and are trading near day’s low after the Indian Army claimed it conducted surgical strikes across LoC in Pakistan, a claimed outrightly rejected by Pakistan.

UR Bhat, managing director, Dalton Capital Advisors said the impact on markets will depend on how the matter plays out, Business Standard reported.

“Further impact on the market will depend on the extent of escalation. As of now the market has reacted to the limited information that has been made available. I don’t think the matter should escalate too much and the market should be able to stabilise,”said Bhat.

The stock markets in Pakistan were unperturbed by the border skirmish. The KSE100 Index was up more than a per cent.

India’s rupee fell 0.6 percent to 66.8850 per dollar as of 1:10 p.m. in Mumbai, halting a five-day gain. The benchmark S&P BSE Sensex dropped 1.2 percent. Pakistan’s benchmark equity gauge pared gains to 0.3 percent from as much as 1.3 percent earlier Thursday. “This will create some short term jitters in the market,” said Abhimanyu

The benchmark S&P BSE Sensex dropped 1.2 percent. Pakistan’s benchmark equity gauge pared gains to 0.3 percent from as much as 1.3 percent earlier Thursday. “This will create some short term jitters in the market,” said Abhimanyu

“This will create some short term jitters in the market,” said Abhimanyu Sofat, vice president at brokerage India Infoline Ltd. in Mumbai. “Investors are selling amid uncertainty on the extent or duration of the actions. If Pakistan does not retaliate then it’s just an event else a major sell-off will be seen.” ns

“Investors are selling amid uncertainty on the extent or duration of the actions. If Pakistan does not retaliate then it’s just an event else a major sell-off will be seen,” Sofat added.

http://www.pakistantoday.com.pk/201...er-dgmos-claim-about-surgical-strikes-at-loc/
 
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Since Indian media, Indian hardliners need such type of bombastic news....they are being spoon fed. Another false flag operation by the Army....one big lie leads to another and to another and it keeps on going.

DAWN has reported two army men killed in cross border firing, a more reliable source than any Indian media, controlled by the Indian government.
 
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@Syed Asif Bukhari
Sir, what makes you think like that??? don't be naive... Do you know what happened after Pakistan Beheaded a Indian Solider??!! Indian military did cross the LoC, struck back and beheaded a Pakistani Solider.
Sir , i mean if your military can showcase its own crashed mig 21 as PAF aircraft , then it can also spread false rumours for public consumption.simple .so take this news with pinch of salt .
 
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Confirm report : 6 + Indian soldiers killed 3 Indian posts destroyed ! Indian stock exchange got fucked after this "" SURGICAL STRIKE BLUFF "" **** you Indians , You call this Surgical strike ?
 
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Pakistan ke atmi bum to phus hogaye chhodne se phele hi... Lol

Apnai desh kai logon ko to satisfy kar lo pehlai is "surgical strike" kai barai main. :lol:

Hum atom bomb bhi use kar lain gai. :)
 
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Pakistan Strikes back after violation at LOC.....
6 Indian soldiers killed
 
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India conducted surgical strikes last night along the LoC to safeguard our nation, the Defence Ministry said on Thursday. “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.
“… Now, based on very specific and credible information we received yesterday, that some terrorist teams had positioned themeselves at launch pads along the LoC with an aim to carry out infiltration and terrorist strikes in J&K and various other metros in our country. There were launch pads at the LoC where terrorists were present waiting to infiltrate the nation and attack areas in Kashmir and metros across the country,” the DGMO said. No Indian casualties occurred during the surgical strikes that were carried out last night by the Indian Army.
 
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Pakistan army ke jhoot bolne ke adat purani hai. Now since they have denied any attack, rest assured we have got the go-ahead to do many more. Akhir threshold to breach ho he gaya hai.

Is dafa waqai aa jana. Nautanki na karna jaisi aaj ki hai .:)
 
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Pakistan ke atmi bum to phus hogaye chhodne se phele hi... Lol

Violate Pakistani airspace or enter Azad Kashmir and then see whether our nukes work or not! Cross border firing equals surgical strikes xD new low for 'Indian logic'. These ceasefire violations have been a norm since the Loc was established. Nothing new!
 
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Statement by DGMO #IndianArmy on 29 Sep 16
1. It has been a matter of serious concern that there has been continuing and increasing infiltration by terrorists across Line of Control in Jammu and Kashmir. This is reflected, amongst others, in the terrorist attacks on 11 and 18 September 16 in Punch and Uri respectively. Almost 20 infiltration attempts have also been foiled by the Army at or close to the Line of Control during this year.
2. During these terrorist attacks and infiltration attempts, we have recovered various stores including GPS and items that clearly indicate their origins in Pakistan. Furthermore, captured terrorists hailing from Pakistan or Pakistan Occupied Kashmir have confessed to their training and arming in Pakistan or territory under its control. The matter had been taken up at highest diplomatic levels and through military channels. India has also offered consular access to these apprehended terrorists for Pakistan to verify their confessions. Furthermore, we had proposed that fingerprints and DNA samples of terrorists killed in Punch and Uri could be made available to Pakistan for investigation.
3. Despite our persistent urging that Pakistan respect its January 2004 commitment for not allowing its soil or territory under its control to be used for terrorism against India, there has been no let up in infiltration and terrorist actions from across the Line of Control. If damage was limited, this was primarily due to the efforts of our soldiers deployed in our multi-tiered counter-infiltration grid that has been effective in neutralizing infiltrating terrorists. The Indian Armed Forces have been extremely vigilant in the face of this continuing threat.
4. Based on receiving specific and credible inputs that some terrorist teams had positioned themselves at launch pads along Line of Control to carryout infiltration and conduct terrorist strikes inside Jammu and Kashmir and in various metros in other states, the Indian Army conducted surgical strikes at several of these launch pads to pre-empt infiltration by terrorists. The operations were focussed on ensuring that these terrorists do not succeed in their design to cause destruction and endanger the lives of our citizens.
5. During these counter terrorist operations significant casualties were caused to terrorists and those providing support to them. The operations aimed at neutralizing terrorists have since ceased. We do not have any plans for further continuation. However, the Indian Armed Forces are fully prepared for any contingency that may arise.
6. I have been in touch with Pakistan Army DGMO and have informed him of our actions. It is India’s intention to maintain peace and tranquillity in the region. But we cannot allow the terrorists to operate across the Line of Control with impunity and attack citizens of our country at will. In line with Pakistan’s commitment in January 2004 not to allow its soil or territory under its control to be used for attacks against India, we expect the Pakistani army to cooperate with us to erase the menace of terrorism from the region.
 
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