Markets surge due to reduced border tensions and tariff cuts from the US and China.

• Benchmark indices Sensex and Nifty saw their biggest single-day gains in absolute terms on Monday, rising nearly 4%.

• The 30-share BSE Sensex soared by 2,975.43 points, or 3.74%, to a more than seven-month high of 82,429.90.

• The 50-issue Nifty of NSE skyrocketed 916.70 points, or 3.82%, to close at 24,924.70.

• Monday was the best day for Indian bourses since April 9, 2020, when Nifty 50 increased almost 4%.

• The markets reacted positively after the U.S. decided to slash tariffs on Chinese imports to 30% and China’s announcement to cut reciprocal tariffs on U.S. imports to 10%.

• All sectors gave positive returns to investors.

• Markets were the least volatile since April 15, 2025, with the Nifty VIX index down 15% to 18.4 points on Monday.