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Below the Quote on Market Wrap 09th June 2025 from Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd 

"Markets began the week on a positive note, gaining nearly half a percent, extending Friday’s rally. Following an initial gap-up start, the Nifty traded within a narrow range throughout the session and eventually settled at the 25,103.20 level. Most sectors moved in line with the benchmark and closed higher, with energy, IT, and financials among the top gainers. The broader indices continued to outperform, posting gains in the range of 1.1% to 1.5%.

The up move in the index was largely in line with expectations; however, mixed performance from heavyweights—particularly in the private banking space—limited the momentum. We maintain our bullish outlook and recommend a focus on selective stock picking during any intermediate consolidation or dip. At the same time, participants should exercise caution, especially in the small- and mid-cap segments, which are currently buoyed by strong domestic flows and sentiment. Emphasis should remain on themes and stocks where the risk-to-reward ratio continues to be favorable."

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