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Nifty, Sensex jumped more than 2 per cent in opening as India-Pakistan tensions ease

Indian stock markets witnessed a sharp rally on Monday morning as investor sentiment turned positive following easing tensions between India and Pakistan. Both countries on Saturday reached an understanding on cessation of hostilities, leading to a boost in market confidence. The benchmark Nifty 50 index opened at 24,420.10, registering a gain of 412.10 points or a 1.72 per cent surge. The BSE Sensex also reflected the bullish trend, rising by around 1300 points to open at 80,754.37, a gain of 1.64 per cent.