After a historic decision to change the constitutional status of the state of Jammu and Kashmir, what happens next? The answer might be at the Line of Control between India and Pakistan.
While broader indices Sensex and Nifty 50 fell over 701 and 214 points respectively in intraday trade, S&P BSE MidCap and SmallCap fell 2.15% and 2.59% to record new 52-week lows.
Despite loud noises, the strategic reason for New Delhi never accepting third-party mediation on Kashmir is clear and distinct, and unlikely to change.
