Boosting Indian equities, the markets opened for the first time since India and Pakistan announced a ceasefire after weeks of tensions in the aftermath of the Pahalgam terror attack.
Sensex, the 30-share index of the Bombay Stock Exchange (BSE), opened 1,500 points, or 2%, higher, indicating a strong demand despite underlying concerns in the thawed relations of the two nuclear-armed neighbours.
The gains also come after the US announced a deal with China to meet their trade deficit. The announcement added gains to Asian markets and boosted the dollar.
The markets stayed resilient and experienced only limited losses.
You may also like
'Do terrorists live in Pakistan?' asks reporter, Khawaja Asif gives one-word answer
Adding one ingredient to pasta salad makes it the perfect BBQ side
Multi-layered counter-drone, air defence grid shield foiled Pak air attacks: DGMO
Centre should have called all-party meeting before announcing ceasefire: Karnataka CM
Indian Influencer Governing Council introduces Code of Standards to guide digital consumers
