Following a weekend announcement of a “pause” in hostilities with Pakistan, Indian equity indices are set for a relief rally. Concerns of a full-scale conflict had previously prompted traders to liquidate positions, causing market declines. While a positive reaction to de-escalation is anticipated, experts caution that elevated valuations and continued geopolitical uncertainty may limit any sharp upmove.
Concurrent Gainers: 5 stocks that gained for 5 days in a row
Over the five trading sessions ending May 30, the Sensex declined by 0.33%, shedding 270 points to close at 81,451. The index posted losses on