Bengaluru, June 25 -- On Tuesday, markets opened on a strong bullish note, supported by positive global cues after Israel accepted the US-proposed ceasefire agreement. The Gift Nifty opened at 25,102, up 52 points, while India VIX continued its downward trend, easing by 2.88% to 13.64, reflecting reduced market volatility. The Nifty 50 saw a significant gap-up opening at 25,179.90, up 208 points or 0.8%, and although it touched a high of 25,317.70 in the morning session, it ended the day at 25,044.35. Similarly, the BSE Sensex opened at 82,534.61 and closed at 82,055.11, up 158.32 points or 0.19%, while Bank Nifty gained 402.55 points or 0.72% to finish at 56,461.90.

On the sectoral front, strong buying interest was seen in PSU Banks and...