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Below the Quote on market wrap from Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd - 12th Feb 2025 

"Markets remained volatile after five consecutive days of decline, ultimately ending flat amid mixed cues. The session started on a weak note, but a gradual recovery in select heavyweight stocks helped trim losses as the day progressed. As a result, the Nifty index closed at 23,045.25 level.

Sectoral trends were mixed, keeping traders engaged—metals, banking, and financials saw some respite, while realty and auto were among the top laggards.

Persistent selling by FIIs, coupled with mixed earnings, continues to weigh on market sentiment, while uncertain global cues add to the pressure.  On the technical front, Nifty rebounded after testing its January low of around 22,800, and sustaining above this level could offer some relief. However, the broader trend remains negative unless a clear reversal pattern emerges. Given the current scenario, traders should exercise caution and continue with a hedged approach."

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