Indian stock markets experienced a significant surge, with benchmarks jumping over 2.5% in early trading on Monday, driven by relief after India and Pakistan reached a ceasefire following recent military escalations. The Nifty 50 rose to 24,700.05, and the BSE Sensex reached 81,689.46, recovering losses from the previous week.
Small- and mid-cap indices outperformed, rising 3.5% and 3.1%, respectively. Analysts, including Barclays, maintained optimistic growth forecasts, projecting India’s economy to expand 6.5% in FY25-26, citing resilience to global trade uncertainties and progress in U.S. trade discussions.
