From Nasdaq: 2025-05-12 06:24:00

Indian shares surged on Monday, with Sensex and Nifty posting their best session in nearly a year as geopolitical tensions eased between India and Pakistan. The Line of Control and border areas remained peaceful, with the Indian Army stating readiness for any future missions. U.S. and China also announced a temporary rollback of trade levies, with U.S. duties reduced to 30 percent and China reducing tariffs on U.S. goods to 10 percent. The BSE Sensex soared 3.74 percent, Nifty closed up 3.82 percent, with IT stocks leading the surge and Sun Pharma and IndusInd Bank seeing declines.



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