IGI Logo

Below the Markets Commentary for 26th November 2025 by Ashika Institutional Equities

On the first day of the December derivatives series, Indian markets kicked off on a strong note as Nifty witnessed a sharp rebound from the morning gap-down and decisively reclaimed the 26,000 mark, closing comfortably above this key Technical & psychological level. The intraday recovery showcased robust buying interest across the board, reflecting improved sentiment. Sectorally, the broader market was firmly in the green, with notable strength in Metals, Energy, Consumer Durables, and Oil & Gas, indicating a broad-based rally. Most sectoral indices ended higher, underscoring renewed bullish momentum. In the derivatives space, significant open interest spurts were observed in NUVAMA, 360ONE, SAIL, MCX, and SIEMENS, suggesting fresh long positions being built up in these counters. For Nifty options, the call side OI buildup is concentrated at 26200 and 26500, indicating potential resistance zones, while on the put side, heavy writing at 26100 and 26000 signals strong support levels

Above views are of the author and not of the website kindly read disclaimer