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Below the Quote on Market Wrap 31th December 2025 by Shrikant Chouhan, Kotak Securities

“Today, the benchmark indices bounced back sharply. The Nifty ended 190 points higher, while the Sensex was up by 545 points. Among sectors, the Oil and Gas index outperformed today, rallying 2.60 percent, whereas despite strong momentum, the Digital index closed in the negative territory, shedding 0.40 percent. Technically, on the daily charts, the index has formed a promising reversal pattern, and a long bullish candle supports the potential for a further uptrend from the current levels.

We are of the view that 26,000/85000 and 25,950/84800 would act as immediate support zones for traders. As long as the market trades above these levels, the bullish sentiment is likely to continue, with the market potentially reaching 26,250/85800. Further upside could also push the market up to 25,350/86100. On the flip side, below 25,950/84800, the uptrend would become vulnerable. Below this level, traders may consider exiting their long positions.”

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