IGI Logo

Below the Quote on Market Wrap 11 August 2025 from Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd 

"Markets started the week on an upbeat note, gaining nearly a percent and providing a breather after the recent decline. The tone was positive from the outset and further strengthened in the latter half, supported by a noticeable recovery in heavyweights across sectors. As a result, the Nifty almost erased Friday’s losses and closed near the day’s high at the 24,585 level. All key sectors contributed to the move, with realty, auto, and pharma emerging as the top gainers. In line with the broader trend, the midcap and smallcap indices also saw relief, advancing in the range of 0.34% to 0.79%.

Over the past six weeks, there have been multiple instances where the Nifty began the week on a strong note, only for the momentum to fade in the final sessions. This time, however, it appears that the markets have largely digested the recent tariff-related concerns and are now focusing more on earnings cues, with the results season nearing its end. Additionally, oversold positions in heavyweights are providing support. Still, only a decisive close above the 24,600 mark could extend this recovery towards the 24,800–25,000 zone. Traders should maintain a hedged approach and focus on stocks consistently displaying relative strength for long positions."

Above views are of the author and not of the website kindly read disclaimer