Nifty below 26,000, bears eye control; VIX spikes 8% as Bank Nifty holds 20 DEMA

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Moneycontrol•08-12-2025, 16:12
Nifty below 26,000, bears eye control; VIX spikes 8% as Bank Nifty holds 20 DEMA
- •Nifty 50 declined nearly 1% on Dec 8, closing below 26,000 and wiping out previous gains.
- •Technical indicators for Nifty show weakness, with the index closing below its 21 EMA and RSI turning bearish.
- •Experts suggest Nifty could target 25,892 or 25,730 if it sustains below 26,000; resistance is at 26,100-26,200.
- •Bank Nifty fell 0.9% to 59,239 but defended its 20 DEMA; 59,000-58,900 is key support, 59,400-59,500 resistance.
- •India VIX spiked 7.85% to 11.13, signaling some discomfort, but bulls may not be at major risk below 12.
Why It Matters: Market weakness and rising volatility could affect your investments.
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