Markets poised for a relief rally amid India-Pak ceasefire

Markets poised for a relief rally amid India-Pak ceasefire

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. | Source: The Economic Times

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