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[hfe_template id='11223'] [ad_1] Despite heightened tensions at the borders, the announcement of an India-Pakistan ceasefire is expected to set Indian markets on an upward trajectory this week. The markets, which had been recovering from a recent correction, took a hit as tensions between the two countries escalated. Headline indices Sensex and Nifty fell over 1% on Friday. T However, it should be noted that the Indian government has said Pakistan violated the ceasefire agreement along the Line of Control (LOC) and the situation remains evolving by the minute. During the conflict, the stocks showed resilience with no major correction, which indicates strong underlying confidence. The ceasefire news is likely to further bolster that and support a market rebound. "With the announcement of a ceasefire, the lingering fear among investors is expected to ease further. As a result, we anticipate a positive start to the week," said Shruti Jain, Chief Strategy Officer, ...

[hfe_template id='11223'] [ad_1] As India’s forceful response to Pakistan’s escalations enters its fourth day, a look back at history suggests that while past wars have had minimal lasting impact on domestic equity markets, the country’s economic growth has often borne the brunt of such conflicts. On Friday, Nifty ended with sharp cuts of 1.1% at 24,008 while falling 1.5% since India struck terrorist infrastructure in Pakistan and Pakistan Occupied Kashmir (PoK) on May 7 to avenge the Pahalgam attack. Things are now changing thick and fast. In its analysis of the market movement and the GDP, brokerage firm JM Financial explains the impact of previous wars and how the situation is different this time around. Here is the full break-up of events and their impact: Kargil War – A full-scale war that was fought between May 3, 1999 and July 26, 1999, Nifty jumped 7% at the end of the third-day into the war. By the end of the war, the headline index galloped 35.6%. Parliament at...