Sensex, Nifty surge as ceasefire and trade deal lift sentiment
Indian equities posted their strongest rally in over four years after a ceasefire between India and Pakistan and a temporary US-China trade truce eased investor concerns. The Sensex rose nearly 3,000 points and the Nifty gained 4%. IT stocks led the rebound, while global cues from Wall Street, Europe, and Asia further boosted confidence. Volatility, however, may persist.