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2025-12-29 06:07:19 pm | Source: Choice Broking Ltd
Quote on Sensex 29th December 2025 by Aakash Shah Research Analyst, Choice Equity Broking
Quote on Sensex 29th December 2025 by Aakash Shah Research Analyst, Choice Equity Broking

Below the Quote on Sensex 29th December 2025 by Aakash Shah Research Analyst, Choice Equity Broking

 

"On 29 Dec 2025, the Sensex lost momentum and closed lower, reflecting a continuation of recent corrective price action as year-end liquidity remained thin and profit-taking dominated. The index shed approximately 0.4 % and slipped below key intra-day resistance near the 85,000 zone, indicating short-term selling pressure and a lack of follow-through buying after earlier attempts to reclaim higher levels.

From a technical perspective, the Sensex traded below its 20-day moving average, reinforcing near-term bearish bias, while the failure to sustain above the 85,000 band suggests a potential shift toward consolidation or further correction. Immediate resistance for the index is now placed near 85,100–85,200 with a break above this zone needed to revive upside momentum. On the downside, 84,200–84,300 represents the first significant support zone, followed by the 84,000 area, where buyers may re-emerge to absorb selling pressure.

Sectorally, weakness was broad-based, with IT and heavyweight banking names among the laggards on the day, while only a handful of stocks managed modest gains, underscoring uneven participation across the benchmark."

 

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