India, May 13 -- What Explains Monday's Bull Run?
News of a ceasefire between India and Pakistan and a measure of dilution in the US-China tariff standoff likely contributed to an early week rally for new-age tech stocks on Monday. 31 of the 33 stocks ended Monday's trade in the green, cumulatively gaining over $3 Bn in M-Cap.
TAC Infosec showed the biggest gains, and while the likes of Swiggy, MapmyIndia, Zaggle and Ather Energy also climbed just after releasing their Q4 financials.
The coast is not yet clear though, as most experts expect some more pressure on stocks as the geopolitical storms and tensions on the India-Pakistan line of control continue, especially with news of more drone incursions over the past couple of days, despi...
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