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Below the Quote on Market Wrap 27th June 2025 by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

"Markets edged higher on Friday, extending the ongoing uptrend and ending the session with modest gains. After a flat start, the Nifty gradually moved up during the first half, followed by a range-bound phase until the close. It eventually settled near the day’s high at 25,637.80.

On the sectoral front, most indices contributed to the up move, with energy and pharma emerging as the top gainers. The broader indices also maintained their positive momentum, posting gains in the range of 0.3% to 0.86%.

The recent geopolitical stability has improved risk sentiment, as seen in the broad-based market participation. Moreover, positive developments around potential trade agreements could further strengthen the bullish bias. We continue to recommend a “buy on dips” strategy on the index, with an emphasis on selective stock picking for better opportunities."

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