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Market rallies 4% on ceasefire, US-China deal
The New Indian Express Sambalpur
|May 13, 2025
Sensex rises 2,975 pts to settle at 82,430, Nifty surges 917 points to close at 24,925
DOMESTIC equity market witnessed one of its biggest rallies on Monday, with the benchmark indices - BSE Sensex and NSE Nifty - logging their biggest intraday gains in the last four years amid improved investor sentiment.
The rally was primarily fuelled by easing geopolitical tensions between India and Pakistan as the nations announced a ceasefire to avoid further escalation. Further, the US and China coming to a trade deal provided a big boost as it eased global trade tensions. BSE Sensex skyrocketed 2,975 points or 3.74% to settle at 82,430, and the Nifty50 surged as much as 917 points or 3.81% to close the session at 24,925. This was the highest one-session percentage gain for the benchmarks since 1st Feb 2021.
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FLERE HISTORIER FRA The New Indian Express Sambalpur
The New Indian Express Sambalpur
Doc names cops in palm note, ends life
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The New Indian Express Sambalpur
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The New Indian Express Sambalpur
Taliban to build dam to limit water to Pak
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16-yr-old girl gangraped by neighbours in house in Puri, two detained
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India on alert as polio cases rise in Pak, Afghan
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