Anil Singhvi view on markets, Nifty50: Amid India-Pakistan ceasefire on Saturday evening (May 10, 2025), Indian equities are trending higher, with the key benchmark indexes, up substantially. The 30-share Sensex last at around 9:37 am in Monday’s trade was up 1,962 or 2.47 per cent at 81,416, while the Nifty50 moved northwards by close to 600 points to 24,600 levels.
Meanwhile, broader indices too galloped with the smallcap gauge taking the lead with gains of 3 per cent, followed by midcaps. The high beta index- Bank Nifty also was shining with gains of as much as 2.74 per cent, led by stocks including HDFC Bank, IDFC First Bank and SBI among others.
So, as global cues turn positive with the settling of geo-poltiical tensions to some extent, here’s Zee Business Managing Editor Anil Singhvi’s view on how markets may perform now:
Will bulls make a comeback after Rs 7.1 lakh crore m-cap loss over last two trading sessions? Anil Singhvi answers
The market guru Singhvi added that no one thought that ceasefire will be reached in such a short time as the tensions between India and Pakistan continued to escalate. Also, India criticised IMF’s lending to Pakistan saying that the continued financial support has led Pakistan to become ” too big to fail debtor’ for the IMF.
Also Read: What does IMF”s bailout means to Pakistan?
Singhvi added that the stoppage of military attacks on the border is very good and positive news for the markets. The market wizard pointed out that this was the only deterrent and key tension weighing on the markets, leading it to move in a consolidation for the last two weeks.
He further said that had it not been the fear of war between the two nations, Nifty50 currently would be at 25,000 levels.
And now, as global tensions deescalate, Nifty50 will target 25,000 levels this week.
Are markets still in a fearful mood?
Answering this Singhvi pointed that we cannot truly rely upon and trust our neighbouring nation- Pakistan despite the ceasefire. He added that everyone knows why they have proposed for a ceasefire. He added that they may still engage in some or the other activity even now.
Further, he iterated that markets will now fall only when there will again emerge a situation of war between the two nations.
