Nifty eyes breakout above 25,200 on ceasefire hopes
Indian markets rallied Tuesday as hopes of an Iran-Israel ceasefire and falling crude prices boosted sentiment. Nifty hit 25,200 intraday before settling near 25,160. VIX fell 2%, signaling cooling volatility. Analysts flagged 25,200 as a breakout level, with 24,820-24,900 seen as key support zones.