US President Donald Trump said Monday that US intervention prevented a "bad nuclear war" between India and Pakistan, after the South Asian rivals agreed a ceasefire following a series of clashes, report agencies.
"We stopped a nuclear conflict. I think it could have been a bad nuclear war, millions of people could have been killed. So I'm very proud of that," Trump told reporters at the White House.
Meanwhile, in New Delhi Indian Prime Minister Narendra Modi vowed Monday to respond strongly to any future "terrorist attack", after a weekend ceasefire with Pakistan following days of military conflict between the nuclear-armed neighbours.
"If another terrorist attack against India is carried out, a strong response will be given," Modi said in a televised address to the nation, adding New Delhi would not tolerate "nuclear blackmail" in the event of conflict.
Meanwhile, top military officials from India and Pakistan talked on Monday to discuss finer details of the ceasefire agreed between them over the weekend.
Benchmark stock indices in India and Pakistan surged on Monday after a weekend ceasefire agreement between the two arch rivals.
Indian Benchmark stock indices Sensex and Nifty recorded their biggest single-day gains in absolute terms, skyrocketing nearly 4%, after India and Pakistan reached an understanding to stop military actions and US and China announced a deal to lower tariffs significantly.
In Karachi, Pakistan stocks surged with the benchmark index opening nine per cent higher.
The US-brokered ceasefire between the nuclear-armed neighbours appears to have held overnight after nearly four days of intense shelling and aerial incursions from both sides.
Both nations have ceased hostilities since then but say they remain vigilant, warning each other of the consequences of violating the ceasefire.