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Below the Quote on Market Wrap 24th December 2025 by Shrikant Chouhan, Kotak Securities

Today, the benchmark indices witnessed selling pressure at higher levels. The Nifty ended 35 points lower, while the Sensex was down by 116 points. Among sectors, buying was seen in selective financial stocks, while the Capital Market Index shed nearly 1 percent. Technically, after an early morning intraday rally, the market once again faced resistance near 26,250/85750 and reversed sharply. From the day's highest point, the market shed over 100/350 points.

We believe that the intraday market texture is non-directional; hence, level-based trading would be the ideal strategy for day traders. On the higher side, 26,250/85750 remains the crucial resistance zone for the bulls, whereas 26,100/85300 would be the immediate support area. On the higher side, above 26,250/85750, the market could move up to 26,350-26,400/86000-86200, while below 26,100/85300, the chances of hitting 26,000/85000 would increase.

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