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Below the Quote on Market Wrap 14 July 2025 by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

"Markets started the week on a volatile note and extended their recent decline, ending nearly half a percent lower. After an initial dip, the Nifty attempted to stabilize in early trade, but sustained pressure from heavyweight stocks dragged the index down as the session progressed. A rebound after retesting the 25,000 mark helped trim some of the losses, and the index eventually settled at 25,082 level, down 0.27%.

On the sectoral front, the IT pack remained under pressure, while profit-taking in banking and financial majors also weighed on overall sentiment. In contrast, realty, pharma, and energy sectors showed resilience and closed in the green. Interestingly, the broader indices outperformed the benchmark, with both midcap and smallcap indices gaining between 0.71% and 1.04%.

Looking ahead, markets will react to the Q1 results of IT heavyweight HCL Technologies in early trade on Tuesday, which will be crucial for gauging sentiment in the IT space following the recent disappointment from TCS. Additionally, investors remain watchful of developments related to tariffs and their potential impact on global markets. Amid this mixed environment, we continue to see selective opportunities across sectors. Hence, participants should maintain a focus on stock selection and risk management."

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