GAGA Share Market News

[hfe_template id='11223'] [ad_1] Indian benchmark indices, Sensex and Nifty50, jumped sharply on Monday following the weekend announcement of a temporary "pause" in hostilities with Pakistan. However, the relief rally may be short-lived if border tensions flare up again. At 10 am, the BSE Sensex was up 2,376 points or 2.88%, at 81,830.65, while the Nifty50 rose 705 points, or 2.94%, to 24,713 points. The ceasefire between India and Pakistan held on Saturday, after intense overnight fighting between the nuclear-armed neighbours. The conflict, the most serious in nearly three decades, began on Wednesday when India launched strikes on nine terror sites in Pakistan—retaliating for an earlier attack in Kashmir that killed 26 people. However, Indian military officials reportedly sent a "hotline message" to Pakistan on Sunday, flagging ceasefire violations and warning of a potential response if provocations continued. Live Events From the Sensex pack, Adani ...

[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, ...