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Below the Quote on Market Wrap 19th June 2025 from Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

"Markets traded lacklustre on the weekly expiry day and ended almost flat amid mixed cues. The US Fed's decision to maintain the status quo, which was largely anticipated, failed to elicit any significant reaction. Following a flat start, the Nifty moved in a narrow range and finally settled at 24,793.25. Most sectors ended in the red, with realty, metal, and energy being the top losers. The broader indices underperformed, declining in the range of 1.6% to 1.9%.

The strength in the benchmark index does not reflect the underlying market tone, as we are witnessing gradual profit booking across sectors and in the broader market. With geopolitical tensions driving crude prices higher, further deterioration is likely if crude makes a sustained move above the $80 mark. We reiterate our cautious view and advise closely monitoring positions until we see further clarity."

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