_Morning Snippet:- 10th June 2025_ *Index Observation* Nifty continued its Friday’s upmove on the first trading day of this week, reclaiming the 25050 level on a closing basis after 3 weeks of consolidation. This confirms a breakout from the range for higher targets of 25400 / 25600 however the support is far below at 24650. This is because yesterday’s candle closed lower than its open despite ending in green. Bank Nifty brokeout into fresh all time highs after the monetary policy announcement as the index reclaimed its wall of worry. Outperformance of Bank Nifty is likely to continue for this week’s trade as well as the index resumes further upside towards 57200 / 57600 odd. BSE Sensex weekly expiry is scheduled for today while Nifty’s weekly expiry is scheduled for Thursday. *Interesting Observation* The Nifty 500 index hit an all-time high on 27th September 2024. Since then, sector-wise performance highlights a striking contrast—while the broader Nifty 500 remains about 5% below its peak, banking and financial stocks have not only held firm but moved above their respective September highs. Indices such as Finance, PSU banks, private banks and Bank Nifty have shown impressive strength, outperforming the rest of the market even through a corrective phase. This resilience, despite weakness in the broader market suggests strong sectoral leadership. These pockets have outperformed even during a weak market phase, signalling potential for continued outperformance when the broader market resumes its uptrend. Even in the event of further consolidation, these sectors are likely to remain more resilient than others. *DERIVATIVES | Trade Setup* Cash Market Activity FII: ₹ 1992 crore DII: ₹ 3,503 crore *Week-to-Date (WTD)* FII: ₹ 1,992 crore DII: ₹ 3,503 crore *Month-to-Date (MTD)* FII: ₹ -1,573 crore DII: ₹ 29,017 crore *F&O Cues* FIIs have added 3k short contracts in last trading session. Their net position now stand at 95k short contracts. In the options segment, the 24800 strike to act as support, while the 25500 strike remains a key resistance. *New 52 Week High Low Data* *Large Cap:* New 52 Week Highs: 2 New 52 Week Lows: 0 *Mid Cap:* New 52 Week Highs: 4 New 52 Week Lows: 0 *Small Cap:* New 52 Week Highs: 7 New 52 Week Lows: 1 *NIFTY500:* New 52 Week Highs: 13 New 52 Week Lows: 1