India, April 28 -- Indian shares rose sharply on Monday despite heightened tensions between India and Pakistan, following the recent Pahalgam attack.
Sentiment was underpinned as India's Minister of State for Commerce, Jitin Prasada, confirmed continuous dialogue with the U.S. on a bilateral trade deal.
U.S. Treasury Secretary Scott Bessent has said that India is likely to become the first nation to finalize a bilateral trade agreement with the U.S. - a development that would help New Delhi sidestep the 26 percent reciprocal tariffs that have been paused till July.
The benchmark S&P/BSE Sensex closed up 1,005.84 points, or 1.27 percent, at 80,218.37, after having hit a high of 80,321 earlier.
The broader NSE Nifty index hit an intraday ...