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 Below the Quote on Market 19 June 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

“D-Street opened on a cautious note and couldn’t hold onto gains, as bears took charge in the second half. The Nifty slipped 70 points to close at 24,832, while the Sensex shed 232 points to finish at 81,351.

 Early momentum from auto and financial stocks gave bulls a brief run, but weak global cues and oil worries tilted the scales. Most sectoral indices ended in the red.

 Key Highlights of the Day:

* Auto and consumer durables held firm on demand revival bets

* IT, oil & gas, and metals dragged down sentiment

* Hindustan Zinc slipped 6% post a chunky trade

* Broader markets took a hit — mid and smallcaps down 0.3%

* Street stays on edge ahead of Powell’s rate pitch tonight

 Even defensives couldn’t rescue the session, with traders preferring to stay light before the Fed outcome.

 The Bottomline:

Bulls are playing defence as global signals turn mixed. The Fed’s tone tonight could swing the mood — till then, D-Street’s sticking to wait-and-watch mode.”

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