Nifty tops 25,300 as bulls make a comeback: Why are markets climbing?
After a strong opening, Indian equities in Tuesday’s session extended earlier gains on hopes of a de-escalation in the Middle East tensions after US President Donald Trump announced a ceasefire between Israel and Iran. At around 11:43 am, the bluechip Nifty50 index was up 1.2 per cent or 299.6 points at 25,271.5, while the BSE’s…