Share Market: After the announcement of ceasefire between India and Pakistan, the stock market ran at the speed of bullet on Monday. Both Sensex and Nifty started a great start. Both index rose by more than 3 percent. While the Nifty reached above 24,800, the BSE Sensex went beyond 82,100. At 2:11 pm, the Nifty was trading at 24,842.35 with a gain of 50 834 points or 3.48 %. The BSE Sensex ranked at 82,132.08 with a rise of 2,678 points or 3.37 %.
These shares boom
The BSE still leads by 2675 points. It is worth noting that the shares of companies supplying Weapon Equipment to the company making defense equipment for India and weapon making companies increased. These include names like Bharat Electronic Limited (BEL), Bharat Dynamics Salimated (BDL), C2C Advanced (Aerospace and Defense), Larsen (Engineering), Alloys (Iron Steel), IdeaForge Tech. In today’s business session, these shares had a lot of jump.
Foreign investors trust India
According to a TOI report, VK Vijaykumar, Chief Investment Strategist of Geojit Investments Limited, says the ceasefire between India and Pakistan has increased the market. The purchase of foreign investors is a major reason for this boom, which remained continuously for sixteen days except last Friday, when tension between the two countries was at its peak. There are signs of re -rapid growth in the domestic macroose market such as GDP and income improvement in GDP and income in FY 2026 and fall in inflation and interest rates.
Foreign investors in the favor of these shares
He further said, foreign investors believe that ICICI Bank, HDFC Bank, Bajaj Finance, RIL, L&T, Bharti, UltraTech, M&M and Eicher are in favor of big companies, which has gained momentum. Midcap IT and digital stock are other segments that should be monitored. Pharma stock may come under pressure in the near future after Trump’s announcement of low drug prices in the US.
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