Quote on Market Wrap 26th June 2025 by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Below the Quote on Market Wrap 26th June 2025 by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
"Markets witnessed a decisive session on the monthly expiry day, gaining over a percent. The tone was positive from the start, supported by stable global cues, followed by a range-bound move in the first half. However, momentum picked up as the session progressed, driven by strong buying in select heavyweights across sectors. Most sectors participated in the rally, with metals, financials, and energy emerging as top gainers. The broader indices also moved higher, adding nearly half a percent each.
After consolidating for over five weeks, markets have finally resumed their uptrend, and we expect Nifty to gradually move towards its record high, with a possible pause around the 25,700–25,800 zone. All key sectors, except FMCG, are contributing to the move on a rotational basis. We continue to favor rate-sensitive sectors such as banking, financials, auto, and realty, while recommending a selective approach for other segments."
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