The benchmark stock indices sense and Nifty recorded their biggest single-day profit on Monday (May 12, 2025), about 4%, after reaching an understanding to stop the military functions of India and Pakistan and the US and China announced a deal to reduce tariffs.
After opening on a high note, 30-shyer BSE Sensax to settle down 2,975.43 points or 3.74% to settling at a high level of 82,429.90. During the day, it brought 3,041.5 points or 3.82% to a high level of 82,495.97.
NSE’s 50-Ank Nifty closed 916.70 points or 3.82% at 24,924.70. In the intra-day trade, the barometer zoom from 936.8 points or 3.90% to 24,944.80.
Sensex and Nifty fully logged their biggest single-day gains throughout the board, led by metal, realty and tech shares. Sensex had previously posted its biggest single-day profit of 2,507.45 points on June 3, 2024 and 733.20 points to the Nifty.
The stock markets welcomed an understanding between India and Pakistan on Saturday (May 10, 2025) and to prevent all firing and military functions on land, air and sea.
India started ‘Operation Sindoor’ to destroy nine terrorist infrastructure in Pakistan in early 7 May and in retaliation for the Pahgam terror attack to Pakistan-occupied-Kashmir.
“Positive geopolitical and economic development between India and Pakistan – a success in collaboration between the US and China – instigated the strongest daily market rally in recent times,” Geojit Investments Limited said, “The ceasefire between India and Pakistan.”
He said, “Continuous FII flow, inspires today’s reverse,” with the resurrection in retail participation from expectations of rapid improvement in the sense of trade, “he said.
“Adding positive spirit was encouraging updates on the US-China trade deal, which further promoted the trust of investors, carrying forward the session,” Ajit Mishra-SVP, Research, Religre Broking Limited said.
The US and China announced the suspension of high tariffs for 90 days on Sunday (May 11, 2025). After its conversation in Geneva, the US agreed to cut the tariff from 145% to 30% on Chinese goods, while China announced to reduce its tariffs from 125% to 10% on American goods.
From Sensex firms, Infosys jumped 7.91%. HCL Tech, Tata Steel, Eternal, Tech Mahindra, Tata Consultancy Services, Axis Bank, ICICI Bank, NTPC, Reliance Industries and Bajaj Finance were other major beneficiaries.
Sun Pharma and IndusInd were the only Legard from the bank pack. Extensive markets also reflected this strength, in which midcap and smallcap proceeded close to 4%.
Meanwhile, Pakistan’s benchmark KSE -100 index made more than 9% jump in the first day.
Among the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite Index and Hong Kong’s Hong Seng Nestled.
The markets in Europe were trading in a positive field.
The US markets ended on a mixed note on Friday (May 9, 2025).
“After the news of a ceasefire between India and Pakistan, the markets were on a role and changed badly … Investors beat up the risk with safe-heaven gold, while equity became a clear winner on the back of broad-based-based purchase support. Looked at a smooth path with conversations on global tariffs, could carry forward ecosity.
Global Oil Benchmark Brent crude rose 2.88% to $ 65.75 per barrel.
According to exchange data, foreign institutional investors (FII) launched on Friday (May 9, 2025) after several pure buyers for several days, at a price of 3,798.71 crore.
The stock market benchmark indices after the conflict between India and Pakistan declined by more than 1% every 1% on Friday (May 9, 2025). On Friday (May 9, 2025), 30-shyer BSE benchmark gauge arranged at 880.34 points or 1.10% 79,454.47. The Nifty dropped from 265.80 points or 1.10% to 24,008.
Published – May 12, 2025 05:00 PM IST