Nifty Pauses After Rally, Experts Predict Uptrend Continuation
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CNBC TV1823-12-2025, 20:40

Nifty Pauses After Rally, Experts Predict Uptrend Continuation

  • Nifty closed marginally higher at 26,177, pausing after a sharp rally and trading in a narrow range.
  • Coal India, Shriram Finance, ITC, UltraTech Cement outperformed; Infosys, Bharti Airtel, Adani Ports, Sun Pharma faced selling pressure.
  • Sectoral performance was mixed: Media, metal, and FMCG gained, while IT, PSU banks, and pharma weakened.
  • India concluded a free trade agreement with New Zealand, allowing duty-free entry for Indian goods and $20 billion investment.
  • Experts foresee consolidation at higher levels, with Nifty's underlying trend remaining positive, eyeing 26,300-26,400.

Why It Matters: Nifty consolidates after rally; experts foresee continued uptrend with key support at 26,050.

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