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NIFTY

* Nifty traded on a subdued note on the final expiry of the calendar year and ended almost unchanged.

* After an initial dip, the Nifty moved within a narrow range for most of the session before settling at the 25,947 level.

* Metals, auto and banking stocks outperformed, while realty, IT and FMCG stocks witnessed mild pressure.

* In the interim, a stock-specific approach remains preferable, with banking, auto and metal stocks continuing to display relative strength, while other sectors contribute on a rotational basis.

BANKNIFTY

* The banking index regained positive momentum after four consecutive sessions of weakness.

* Despite opening on a subdued note, buying interest emerged early, leading to sustained strength through the session and a positive close.

* Barring Kotak Bank and IDFC First Bank, which saw mild profit booking, all major constituents traded firm, led by Canara Bank and Bank of Baroda.

* From a technical perspective, the index faces resistance near 59,800, while support is placed around 58,400.

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