Indian Stock Market Falls for Second Day by 0.45%... India-China Border Dispute Escalates

[Image source=Yonhap News]

[Asia Economy Reporter Lim Cheol-young] The Indian Sensex index closed lower for the second consecutive day.

On the 9th (local time), the Indian Sensex index closed at 38,193.92, down 171.43 points (0.45%) from the previous trading day.

The border dispute between India and China is intensifying. On this day, ANI news agency reported that Indian media published photos showing soldiers from both sides armed with spears, clubs, and automatic rifles during a clash on the 7th. Local media claimed that 50 to 60 Chinese soldiers were approaching the Indian military post on the southern embankment of Pangong Lake in the northern Ladakh region of India.

Earlier, Zhang Shuili (張水利), spokesperson for the Western Theater Command of the Chinese People's Liberation Army, stated on the 7th that Indian troops fired warning shots at Chinese soldiers who were attempting to engage in dialogue after crossing the border. He said, "The Chinese military had to take necessary measures to stabilize the situation," and added, "The Indian military should stop dangerous actions and investigate and punish the Indian soldier who fired the warning shots to prevent recurrence."

This content was produced with the assistance of AI translation services.