 "STOCK MARKETS, DEFENCE STOCKS, DEFENCE")
Domestic equity markets may open higher on Monday after India and Pakistan agreed to a ceasefire, reportedly brokered by the US, following four days of fighting. But any relief could be short-lived, with reports suggesting Pakistan breached the truce within hours.
Analysts expect investor attention to return to global cues and local triggers, including monsoon updates and earnings announcements. On Friday, the benchmark Sensex and Nifty fell over 1 per cent after foreign portfolio investors (FPIs) sold shares worth ₹3,800 crore amid heightened tensions between the two nuclear-armed neighbours.
“If hostilities cease, it will be business as usual,” said Amar
