Brief by Shorts91 Newsdesk / 04:11am on 12 May 2025,Monday Business
Indian stock markets opened sharply higher on Monday, with the Sensex jumping 1,793 points to 81,248.20 and the Nifty rising 553 points to 24,561.25. This marks the first trading session since the India-Pakistan ceasefire agreement. Experts say easing border tensions and strong investor confidence led to the rally. Market analyst Ajay Bagga noted that Indian markets have bounced back from recent conflict-related losses. Positive global cues, including productive US-China trade talks, also boosted sentiment. Meanwhile, gold prices dipped over 2%, and oil and US dollar values climbed. The market's strong start reflects optimism in the wake of de-escalation. (PC: PTI)
