Ram Medury of Maxiom Wealth advises caution in midcaps, smallcaps, and IT. He believes these sectors are becoming overheated. While the broader market looks good for the second half of 2025, investors should be careful. RBI rate cuts may boost banks, autos, and real estate. Geopolitical risks and trade talks remain relevant. Defence and consumer durables sectors may perform well.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader