The Indian stock market has strongly welcomed the ceasefire between India and Pakistan. The stock market is witnessing a tremendous boom today. As soon as the market opened, the pace of recovery in Sensex-Nifty increased. In early trade, both the benchmark indices of the stock market have jumped by about 3 percent.
Investors got relief
Today at 10 am, the Sensex reached the level of 81,820.66 with a spectacular gain of 2,366.19 points (2.98%). At the same time, the rise in Nifty also continued and it is trading at the level of 24,727.80 with a gain of 719.80 points (3.00%). Today this boom in the market was seen due to the reduction in Indo-Pak tension as well as an important demonstration of the country’s military and strategic capability under ‘Operation Sindoor’. This news has brought relief to the investors, and the market has shown a positive attitude.
Positive trend in Adani Group shares
Due to the effect of ceasefire, not only the benchmark index but also the shares of Adani Group have seen a positive trend. Adani Group shares have registered a rise of more than 6%. At the same time, investors’ interest in defense and banking sectors can also increase once again.