Sensex, Nifty: Amar Ambani of YES Securities said nan news should cheer marketplace connected Monday. He felt nan provisional merchandise of a $1 cardinal IMF indebtedness that Pakistan secured nan erstwhile time was astir apt linked to nan ceasefire.
Market outlook: The marketplace dislikes uncertainty. The attraction would now beryllium backmost connected nan maturation agenda," said Kranthi Bathini, Equity Strategist astatine WealthMills Securities.
Stock marketplace investors are apt to return sigh of alleviation connected Monday greeting aft India and Pakistan agreed connected a cease-fire aft 4 days of dense rocket and drone strikes. The benchmark banal indices Sensex had Nifty had settled little successful nan past 2 sessions amid concerns nan brewing hostility betwixt nan 2 countries would move into a full-fledged war.
"India-Pakistan de-escalation is decidedly a affirmative news for banal investors, and 1 should expect a affirmative marketplace move successful nan short run. The marketplace dislikes uncertainty. The attraction would now beryllium backmost connected nan maturation agenda," said Kranthi Bathini, Equity Strategist astatine WealthMills Securities.
Amar Ambani, caput of Research astatine YES Securities said nan news should cheer marketplace connected Monday. He felt nan provisional merchandise of a $1 cardinal IMF indebtedness that Pakistan secured nan erstwhile time was astir apt linked to nan ceasefire. He noted that Indian markets person seen some clip and price-wise correction since September highest and nan valuations frankincense look reasonable.
NSE's MD & CEO Ashish Chouhan said nan banal speech heartily welcomes nan determination by India & Pakistan to cease hostilities immediately.
@nseindia heartily welcomes nan determination by India & Pakistan to cease hostilities immediately. Kudos to nan Indian Government’s efforts nether nan activity of Prime Minister Shri Narendra Modi ji & his unwavering support to our brave Armed Forces for ensuring bid & stability…
— Ashish Chauhan (@ashishchauhan) May 10, 2025"Kudos to nan Indian Government’s efforts nether nan activity of Prime Minister Shri Narendra Modi ji & his unwavering support to our brave Armed Forces for ensuring bid & stableness for our country," he said.
Earlier successful nan day, overseas Secretary Vikram Misri confirmed that nan ceasefire was initiated by a telephone from nan Pakistani Director General of Military Operations astatine 15:35 IST. The ceasefire has been brokered by a nonstop subject call, not diplomacy, Indian officials clarified connected Saturday.
Pakistani Foreign Minister Ishaq Dar confirmed nan ceasefire connected Islamabad’s end, saying Pakistan “has ever strived for bid and information successful nan region, without compromising connected its sovereignty and territorial integrity.”
US President successful a societal media India and China agreed connected afloat and contiguous ceasefire aft a "long nighttime of talks".
Market seasoned Shankar Sharma successful a sarcastic station of X said: "I deliberation Pakistan buckled nether US threat to enforce punitive 300% tariffs connected Pak's monolithic exports to nan US."
Ambani of YES Securities said astir of nan past conflicts pinch Pakistan, nan three-month return station nan improvement was positive, isolated from for the Uri case, which successful truth was a play of demonetisation.
Ambani, meanwhile, sees upside capped for nan adjacent three-six months amid deficiency of cues for nan market. He sees nan marketplace revisiting nan September 2024 highest by extremity of this twelvemonth aliases early adjacent year.
Bathini of WealthMills Securities said nan attraction should now displacement to US-China waste and acquisition talks and earnings.
Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.
Published on: May 10, 2025 8:17 PM IST