Nifty hovered near 25,000 in early trade on Monday, lifted by strong earnings from ICICI and HDFC Bank, even as RIL dragged post-results. Most sectoral indices declined, with PSU banks and IT under pressure. Retail sentiment on Stocktwits stayed bearish. Technical analysts pegged 25,120 as key resistance. Broader markets were flat as investors tracked US trade talks and global cues.