Following Pakistan's call for a ceasefire with India after significant air base damage, the KSE 100 index surged over 9%, building on Friday's gains. This rally followed earlier market pressure due to heightened tensions after a terrorist incident in Kashmir.

Pakistan's benchmark index surged over 9% on Monday, while Dalal Street also saw gains with Sensex and Nifty jumping 3%.

As long as the Nifty remains below the 24,150 level, weak sentiment is likely to continue and Nifty could retest the 23,800 followed by 23,600. On the upside, a move above 24,150 could signal a pullback rally to 24,