Quote on Closing Market Summary 29th December 2025 by Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking Private Limited
Below the Quote on Closing Market Summary 29th December 2025 by Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking Private Limited
"Indian equity markets ended the December 29, 2025 session on a weak note, as selling pressure intensified at higher levels despite a positive opening. Benchmark indices closed sharply lower, with the Sensex declining 345.91 points, or 0.41 percent, to 84,695.54, while the Nifty 50 fell 100.20 points, or 0.38 percent, to settle at 25,942.10. Market breadth was decisively negative, with 1,395 stocks advancing against 2,595 declines, while 144 stocks remained unchanged, reflecting broad-based risk-off sentiment.
The Nifty 50 opened on a positive note but failed to sustain early gains and gradually drifted lower to test the day’s low of 25,920. This price action highlights sustained selling pressure at higher levels and a lack of follow-through buying, indicating short-term exhaustion and weakening momentum. Immediate resistance is placed in the 26,050–26,100 zone, while key supports are seen at 25,800–25,850. With the index slipping below the psychological 26,000 mark, a cautious trading strategy remains advisable, with heightened emphasis on capital protection and strict stop-loss discipline.
The Bank Nifty also opened on a positive note but witnessed notable intraday selling, slipping to a session low of 58,809. This movement suggests profit booking following recent advances and reflects increasing caution toward banking stocks. Immediate resistance is placed at 59,150–59,250, while supports at 58,600 and 58,700 remain critical for preserving near-term stability in the index.
Volatility picked up modestly, with India VIX rising by 6.23 percent to 9.7, indicating a slight increase in uncertainty and risk perception among market participants. Derivatives data shows aggressive call writing at the 26,200 strike, while strong put open interest around the 25,900 level reinforces this zone as an important near-term support and pivot area. A sustained close back above 26,000 would be required to revive bullish momentum, while failure to reclaim this level could keep the market in a consolidation-to-corrective phase over the near term."
Above views are of the author and not of the website kindly read disclaimer
More News
Quote on Market Wrap Up by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
