New Delhi, June 26 -- Nifty50 advanced 0.80% on Wednesday, closing above 25,200, supported by improved global sentiment following a US-brokered ceasefire between Iran and Israel. The easing ofgeopolitical tensions led to a sharp decline in crude oil prices, bolstering risk appetite.
Additionally, a weaker US dollar and firm cues from Asian peers contributed to the positive momentum. Broad-based sectoral participation further reinforced the rally, enabling the index to break out of a five-week consolidation phase and surpass the key resistance zone around 25,200.
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