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Below the Quote on Closing Market Summary 24th December 2025 by Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking Private Limited

"Indian equity markets ended the December 24, 2025 session on a weak note, as selling pressure emerged at higher levels despite a positive start. Benchmark indices closed lower, with the Sensex declining 116.14 points, or 0.14 percent, to 85,408.70, while the Nifty 50 slipped 35.05 points, or 0.13 percent, to settle at 26,142.10. Market breadth turned negative, with 1,693 stocks advancing against 2,154 declines, while 118 stocks ended unchanged, reflecting a cautious undertone across broader markets.

The Nifty 50 opened on a positive note and briefly surpassed the previous session’s high; however, it failed to sustain the move and gradually drifted lower to test the day’s low of 26,123. This price action indicates selling pressure at higher levels and a lack of follow-through buying, suggesting short-term exhaustion near resistance. Immediate resistance is placed in the 26,250–26,300 zone, while key supports are seen at 25,950–26,000. As long as the index sustains above the psychological 26,000 mark, a selective buy-on-dips strategy remains favorable, albeit with strict stop-loss discipline.

The Bank Nifty also opened on a positive note but witnessed intraday selling, slipping to a session low of 59,118. This movement signals profit booking after recent gains and reflects cautious sentiment in banking stocks. Immediate resistance is placed at 59,400–59,500, while supports at 58,800 and 58,900 remain critical to maintaining near-term stability in the index.

Volatility continued to moderate, with India VIX declining by 2 percent to 9.19, indicating reduced fear and relatively stable market expectations. Derivatives data highlights aggressive call writing at the 26,200 strike, while strong put open interest around the 26,000 level reinforces this zone as a key support and pivot area. A sustained close above 26,200 would be required to revive bullish momentum, while failure to reclaim this level may keep the market in a consolidation-to-corrective phase in the near term."

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