Markets rebound sharply in early trade: Sensex jumps over 1,900 points, Nifty tops 24,606 level
Mumbai, May 12 (PTI) Stock market benchmark indices Sensex and Nifty rebounded sharply in early trade on Monday after India and Pakistan announced reaching an understanding to stop all firings and military actions on land, air and sea. India launched ‘Operation Sindoor’ on early May 7 to destroy nine terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir in retaliation to the Pahalgam terror attack. After starting the trade on an optimistic note, the 30-share BSE benchmark gauge Sensex further jumped 1,793.73 points to 81,248.20 in early trade. The NSE Nifty surged 553.25 points to 24,561.25. Later, carrying forward the momentum, the BSE