Nifty slips below 25,100, retail turns ‘extremely bearish’
Nifty dipped below 25,100 on July 18, trading at 25,043 amid weak sentiment. Axis Bank slumped over 4% post-Q1 miss, while Wipro gained 3% on deal optimism. Analysts flagged a narrow range with 24,980 as key support. FIIs sold ₹3,600 crore and increased shorts, signaling a bearish outlook whereas broader markets remained mixed as earnings season dragged on.