Market Commentary (closing) for 15th December 2025 by Bajaj Broking
Below the Market Commentary (closing) for 15th December 2025 by Bajaj Broking
Market Closing Commentary
Indian equity benchmarks ended slightly lower in a choppy session on December 15, as sustained foreign outflows and a weak rupee kept markets range bound. Currency volatility is expected to persist until there is greater clarity on the India–US trade deal. Investors also remained cautious ahead of key U.S. data, including CPI inflation and employment figures, which are expected to guide global liquidity conditions and interest-rate expectations for 2026. At the close, the Sensex slipped 54.30 points, or 0.06%, to 85,213.36, while the Nifty declined 19.65 points, or 0.08%, to 26,027.30. Among sectors, PSU banks, media, IT, FMCG and consumer durables advanced 0.3–1%, whereas auto, pharma and telecom stocks fell 0.5–1%. The midcap index finished flat, while small-cap stocks saw a minor gains of 0.2% gain.
Nifty Outlook
The index formed a bullish candlestick pattern highlighting buying demand at lower levels amid stock specific action. Nifty after last 2-3 sessions of pullback is currently placed around the falling trendline joining last two weeks highs which also coincides with the 61.8% retracement of the previous decline placed around 26,080 levels. A follow through strength above the same will open further upside towards 26,200-26,300 levels in the coming sessions. Index in yesterday session rebounded from the Friday’s gap-up area of 25,900. Index holding above the same would keep the near-term outlook positive. Key support lies at 25,700–25,800. In the short term, the index is likely to remain range-bound between 25,700 and 26,300.
Bank Nifty Outlook
Bank Nifty has formed a bullish candlestick pattern with a similar open and low highlighting buying demand at lower levels around the 20 days EMA. Index is currently testing the trendline resistance joining last two highs placed around 59,500 levels. A follow through strength above the same will open further upside towards the all-time high of 60100 in the coming sessions
Index on expected lines is seen consolidating and forming a base in the range of 58500-60100. We expect the index to extend the current consolidation in the coming sessions. Key short-term support is placed at 58,200-58,600 levels being the confluence of the recent low and the major breakout area. On the higher side a breakout above the all-time high of 60100 will signal acceleration of up move towards 60500 levels.
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