Bull Run on D-Street: Markets Rally on Ceasefire, Global Optimism

Dalal Street witnessed a strong rally in early trade on May 9, driven by easing India-Pakistan tensions and positive global cues. By 10:05 AM, Nifty surged 690 pts (2.86%) to cross 24,600, while Sensex jumped 1,900 pts. Bank Nifty rose 1,500 pts (2.9%), Finnifty gained 800 pts (3.3%), and Nifty Midcap Select advanced 420 pts (3.45%). A major trigger was the India-Pakistan ceasefire, complemented by U.S. Treasury Secretary Scott Bessent’s upbeat comments on a potential U.S.-China trade deal. Top gainers included

, , and !Shriram Finance. Disclaimer: This post is for informational purposes only and does not constitute investment advice.