New Delhi, May 12 -- The Indian stock market benchmark indices sentiment is expected to remain upbeat on Monday after the announcement of a full and immediate ceasefire between India and Pakistan. The benchmark indices, Sensex and Nifty 50, may see a positive opening as the de-escalation of geopolitical tensions removes a key overhang and is likely to be seen as a major positive development by financial markets.

India and Pakistan have reached a 'bilateral understanding' to halt firing and military action on land and in air. Meanwhile, Air Marshal AK Bharti said Operation Sindoor effectively destroyed terror camps, achieving its objectives with precision.

Analysts believe that if the current stability holds over the next 24-48 hours, wi...