There is currently a ceasefire between India and Pakistan. Today, on the first day of the week, the stock market started rapidly. The domestic stock markets on Monday increased on Monday amid signs of tension decreasing after the declaration of ceasefire between India and Pakistan and optimism over the US-China trade agreement. Investors were fast in the domestic stock market today. Today the Sensex has reached 81344 with a bumper boom of 1890 points. The Nifty is at 24587 with a gain of 579 points. All the Sensex shares are in the green mark except Sun Pharma. Adani Ports, Bajaj Finance, Axis Bank, Reliance Industries are among the top gainers.
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The Indian stock market closed down last week due to increasing tension between India and Pakistan. However, investors’ concerns are likely to decrease with the declaration of ceasefire. As a result, the market was seen in the market earlier this week, as expected by market experts. Today the gift Nifty was trading around the level of 24,550. This is a premium of about 485 points from the previous closed price of Nifty Futures, indicating a strong start for the Indian stock market and a bumper rally.
India and Pakistan have reached a ‘bilateral agreement’ to stop land and air firing and military action. Meanwhile, Air Marshal A.K. Bharti said that Operation Sindoor was successful in its purpose and its results are in front of the world. The DGMO reported that more than 100 terrorists were killed at nine terrorist bases during the campaign. According to Reuters report, the trade talks between the US and China ended positively, in which the US officials reached an “agreement” to reduce the US trade deficit, while Chinese officials said they had reached “significant consensus” and agreed to start another new economic dialogue forum. China’s Commerce Deputy Minister Lee Chenggang said the joint statement “There will be good news for the world.”
