Stocks Surge Following Ceasefire Agreement: Optimism Fuels Market Rally in India and Pakistan

Stock markets across both India and Pakistan experienced significant gains on Monday, fueled by a ceasefire agreement reached between the two nuclear-armed neighbors over the weekend. The KSE-30 Index in Pakistan soared by 9.2%, marking the largest jump since 2008, while India’s Nifty 500 Index surged as much as 3%. Investors responded to the truce with optimism, seeking to return their focus to economic reforms following a volatile week marked by escalating tensions.