New Delhi, May 12 (HS): The domestic stock market is experiencing a surge in early trading, fueled by the recent ceasefire at the India-Pakistan border. The benchmark indices, Sensation and Nifty, have risen nearly three percent, leading to a substantial increase of ₹10.59 lakh crore in investors’ wealth within minutes of market opening. All sectoral indices are in the green, with the exception of the Nifty pharmaceutical index, which is trading flat. Notably, mid-cap and small-cap stocks are also witnessing strong buying activity. The market capitalization for BSE-listed companies jumped to ₹427 lakh crore, up from ₹416.41 lakh crore on the previous Friday. Among the Sensex and Nifty stocks, Sun Pharmaceuticals and IndusInd Bank are notable decliners, while the majority of other stocks are performing well.

Currently, 2,933 stocks are trading on the BSE, with 2,584 in the green, 256 in the red, and 93 unchanged. Additionally, 42 stocks have reached their yearly highs, while 21 have hit their lows. The market has seen 176 stocks hitting the upper circuit due to buying interest, contrasted by 52 stocks facing the lower circuit due to selling pressure.

Hindusthan Samachar / Jun Sarkar