Nifty Stages Strong Comeback, But Sustaining Recovery Remains Key for Investors

Market
C
CNBC TV18•12-01-2026, 20:22
Nifty Stages Strong Comeback, But Sustaining Recovery Remains Key for Investors
- •Nifty recovered over 140 points from its intraday low of 25,473.40 to close at 25,790, up 107 points.
- •The recovery was aided by positive sentiment from US Ambassador Sergio Gor's comments on the India-US trade deal and buying at lower levels.
- •Coal India, Tata Steel, and Asian Paints led nearly 40 Nifty stocks in green, while M&M, Eicher Motors, and ONGC were top losers.
- •India's December CPI inflation rose to 1.33% but remains below RBI's comfort level; US CPI data is awaited.
- •Experts suggest Nifty could advance towards 26,000-26,100, but faces resistance, with crucial support at 25,650.
Why It Matters: Nifty's strong rebound offers hope, but market experts caution about potential resistance ahead.
✦
More like this
Loading more articles...





