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Below the Quote on Market Wrap 20th June 2025 from Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd 

"Markets showed strength and gained over a percent after three sessions of lackluster movement. Following an initial uptick, the Nifty gradually moved higher, surpassing the key hurdle at 25,000 and closing near the day’s high at 25,112. Sentiment improved after the news report indicated a possible de-escalation in the Iran-Israel conflict, with the U.S. signaling a delay in potential action, which led to a softening in crude oil prices. Additionally, consistent buying by FIIs in the cash segment further supported the market. All key sectors participated in the rally, with realty, financials, and metals emerging as top gainers. The broader indices also saw relief, posting gains in the range of 1% to 1.4%.

The outlook remains positive, and a decisive move above 25,200 on the Nifty would signal the end of the ongoing 5-week consolidation phase and open the path toward the 25,600–25,800 zone. In the absence of any major domestic events, global markets will continue to guide sentiment. We maintain our positive yet cautious stance and advise focusing on stock selection, particularly in line with sectoral trends."

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