India and Pakistan engaged in the most intense fighting in decades with four days of escalating conflict that included fighter jets, missiles and drones packed with explosives. It ended almost as abruptly as it began.

Indian stock markets surged nearly 4%, hitting record highs as the India-Pakistan ceasefire and US-China trade truce boosted investor sentiment. Sensex and Nifty logged historic gains, adding Rs 16.2 lakh crore in market wealth,

Shopkeepers wait for customers at the main bazaar, a day after the ceasefire between Indian and Pakistan was announced, in Jura, near Line of Control, in Neelum Valley, a district of Pakistan’s administered Kashmir,