💨 Abstract

On May 12, benchmark stock indices Sensex and Nifty surged nearly 4%, marking their biggest single-day gains. This was driven by positive geopolitical developments, notably a ceasefire agreement between India and Pakistan, and a US-China deal to lower tariffs. The BSE Sensex jumped 2,975.43 points to 82,429.90, while the Nifty gained 916.70

Courtesy: theprint.in

Summarized by Einstein Beta 🤖