Quote on Market Wrap 18th Dec 2025 by Shrikant Chouhan, Kotak Securities
Below the Quote on Market Wrap 18th Dec 2025 by Shrikant Chouhan, Kotak Securities
Today, the benchmark indices witnessed a volatile trading session. After a roller coaster activity, the Nifty ended 3 points lower, while the Sensex was down by 78 points. Among sectors, the Capital Market index outperformed today, rallying over 2 percent, whereas the Media index lost the most, shedding 1.40 percent.
Technically, after a muted open, the market bounced back sharply, but once again, it registered profit booking at higher levels, which is largely negative. We believe that the intraday market texture is non-directional; perhaps traders are waiting for a breakout on either side.
For the bulls, 25,900/84800 would act as an immediate resistance zone. If it manages to trade above this level, then it could move up to 26,000-26,050/85000-85300. On the flip side, 25,750/84300 and 25,700/84100 would act as key support zones. Below 25,700/84100, selling pressure is likely to accelerate. If the market falls below this level, the chances of hitting 25,575-25,550/83800-83700 would increase
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