Quote on market wrap 05th September 2025 from Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Below the Quote on market wrap 05th September 2025 from Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
"Markets traded in a narrow range and ended nearly flat on Friday. After a positive start, the Nifty slipped in the first half, weighed down by weakness in IT majors; however, resilience in select heavyweights supported a recovery as the session progressed. Eventually, it closed almost unchanged at 24,741.
Sector-wise, auto stocks outperformed, rising over 1% on optimism following reduced GST rates for vehicles. These gains were offset by weakness in consumer and IT counters, with IT reversing early strength to close lower by 1.3% amid global growth concerns. Meanwhile, mid- and small-cap indices posted modest gains of around 0.3% each.
Despite optimism around policy reforms and supportive domestic factors, markets appear to be entering a consolidation phase, cautious given lingering tariff concerns and persistent foreign institutional outflows. That said, trading opportunities remain across sectors. Participants are advised to align their positions accordingly, with a focus on risk management."
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