Quote on Morning Market Views 10 July 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

Below the Quote on Morning Market Views 10 July 2025 by Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
"Market is unlikely to break the narrow range in which it has been trading for more than a month now. Resilience of the global markets and sustained fund flows into Indian markets have the potential to support the market at the bottom end of the range. A clear break out of the upper range of Nifty 25500 may happen on positive news of a trade deal between US and India. But this is partly discounted by the market and, therefore, will not be sufficient to sustain the rally well beyond Nifty 25500.
With the results season kicking in from today there will be lots of stock-specific action in response to results. Expectations from the IT sector are limited. However, midcap IT is likely to post good results and positive commentary. Banks, despite strong balance sheets and abundant liquidity are struggling with low credit growth. Outperformers in the banking segment will be those who post good credit growth. In autos M&M and Eicher have the potential to outperform."
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