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Markets soar nearly 4% on India-Pak ceasefire
Hindustan Times Ranchi
|May 13, 2025
Sensex, Nifty post biggest single-day gains in absolute terms on Monday
MUMBAI: Benchmark stock indices Sensex and Nifty recorded their biggest single-day gains in absolute terms on Monday, skyrocketing nearly 4%, after India and Pakistan reached an understanding to stop military actions and US and China announced a deal to lower tariffs significantly.
After opening on a high note, the 30-share BSE Sensex soared by 2,975.43 points or 3.74% to settle at a more than seven-month high of 82,429.90. During the day, it rallied 3,041.5 points or 3.82% to a high of 82,495.97.
The 50-issue Nifty of NSE skyrocketed 916.70 points or 3.82% to close at 24,924.70. In intra-day trade, the barometer zoomed 936.8 points or 3.90% to 24,944.80.
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