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Below the Quote on Market Morning Inputs 11 July 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities 

Benchmark indices witnessed selling pressure at higher levels. Nifty closed 121 points lower, while Sensex was down 346 points. Across sectors, intraday buying was observed in select real estate and metal stocks, while the defence index was the biggest loser, shedding nearly 2 per cent.

Technically, after a sluggish opening, the market witnessed consistent selling pressure at higher levels throughout the day. It has also formed a bearish candle on the daily chart and has formed a lower top on the intraday chart, which is largely negative.

We believe the short-term market scenario is weak; however, fresh selling is possible only after breaking below the 25,330/83,000 levels. Below these levels, the market may slip towards 25,200-25150/82,700-82600. A sustained break below 25170 may lead to further weakness towards 25050 levels. Look for value buying between 25150 and 25050 levels.  

On the upside, above 25,450/83,400, we may see a quick intraday rally towards 25,550–25,600/83,700–83900. For the day, sell below 25330 with a stop loss at 25450. The momentum should increase below 25150, which may push the market to 25050 or 25000. A sharp reversal after hitting 25150 or 25050 would be positive.

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