IGI Logo

Below the Quote on Market Wrap 15th December 2025 by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

"Markets traded in a volatile manner on Monday and eventually ended almost unchanged, extending the ongoing consolidation phase. The session began on a cautious note, tracking continued weakness in the rupee and mixed global cues. However, a rebound in index heavyweights from key sectors helped pare most of the early losses, enabling the Nifty to close flat at 26,027.30. Sectoral performance remained mixed, keeping participants engaged, with FMCG and IT posting modest gains, while auto, pharma and financial services ended lower. The broader indices mirrored the benchmark trend and also settled flat after witnessing intraday volatility.

With most major domestic and global events behind us, rupee weakness and mixed global cues are currently dictating market direction. At the same time, rotational strength in heavyweight stocks across sectors is providing support and helping the index hold its ground amid the ongoing consolidation phase.

Looking ahead, indications point toward continued consolidation within the 25,800–26,200 range. Choppiness is likely to persist due to the weekly expiry and ongoing currency volatility. Sector focus for the next session should remain on banking and IT, given their market-leading weight and sensitivity to flows, while defensive and commodity-linked themes may offer tactical opportunities. Traders are advised to maintain disciplined risk management and avoid averaging into underperforming positions."

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