Quote on Morning Market Movement 23th July 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

Below the Quote on Morning Market Movement 23th July 2025 by Akshay Chinchalkar, Head of Research, Axis Securities
“The nifty ended down 30 points to close at 25061. Technically speaking, the market did break above the first hurdle at 25144 yesterday but wasn't able to close above it, and that's not a good sign. To reiterate, unless we break 25340 on a closing basis, bulls have very little going for them from these levels. Asian cues are positive due to Japan securing a trade deal with the US”.
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