New Delhi, June 30 -- The Nifty 50, the benchmark of the Indian stock market, is hovering near 25,600, eyeing a reclaim of the 26,000 mark. The index is now about 3 per cent down from its all-time high of 26,277.35, which it scaled on September 27 last year.

Amid global turmoil, tariff-related concerns and weak earnings, the domestic market has performed well in the first half of the calendar year 2025 (H1CY25). On a monthly scale, the Nifty 50 has been in the green since March this year.

"Nifty has managed to absorb most of the negative news in the last two months, from wars and geopolitics to the tariffs. While that was happening, global liquidity was rising. Whether you consider US M2 (measure of the money supply) going higher or the...