Quote on Closing Market Summary 23rd December 2025 by Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking Private Limited
Below the Quote on Closing Market Summary 23rd December 2025 by Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking Private Limited
"Indian equity markets ended the December 23, 2025 session on a flat note, with benchmark indices managing to hold modest gains amid broad-based buying support. The Sensex closed marginally lower by 42.64 points, or 0.05 percent, at 85,524.84, while the Nifty 50 edged up 4.75 points, or 0.02 percent, to settle at 26,177.15. Market breadth remained positive, with 2,146 stocks advancing against 1,725 declines, while 130 stocks ended unchanged, reflecting selective participation across sectors.
The Nifty 50 opened on a positive note and traded largely sideways throughout the session. Although the index briefly moved above the 26,200 mark, it failed to sustain the breakout, indicating a lack of follow-through buying at higher levels and signaling consolidation near resistance. Immediate resistance is placed in the 26,250–26,300 zone, while key supports are seen at 26,000–26,050. As long as the index sustains above the 26,000 mark, a selective buy-on-dips strategy remains favorable, provided positions are protected with strict stop-loss discipline.
The Bank Nifty opened on a flat note and remained range-bound between 59,200 and 59,400 throughout the session, suggesting indecisiveness and consolidation after recent gains. This price action indicates that intraday declines are being absorbed by buyers, keeping the broader trend constructive. Immediate resistance is placed at 59,500–59,600, while supports at 59,000 and 59,100 remain critical to maintaining near-term stability in banking stocks.
Volatility moderated further, with India VIX declining by 3.07 percent to 9.377, reflecting easing market anxiety and continued comfort among participants. Derivatives data shows aggressive call writing at the 26,200 strike, while strong put open interest at the same level reinforces the importance of 26,200 as a key pivot zone. A sustained close above 26,200 will be essential to extend bullish momentum, whereas failure to decisively cross this level could result in continued consolidation in the near term."
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