Nifty trend : LKP सिक्योरिटीज के सीनियर टेक्निकल एनालिस्ट रूपक डे के मुताबिक निफ्टी आवरली चार्ट पर 21 EMA से नीचे फिसल गया है, जो हाल के सेशन में दो दिनों के रेंजबाउंड फेज के बाद बेयरिश दांव में बढ़ोतरी का संकेत है
Business
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Moneycontrol26-12-2025, 16:34

Indian Markets Dip Amid Profit Booking; Experts Predict Nifty's Next Move for Dec 29

  • Indian stock markets closed lower on Dec 26, with Sensex down 367 pts and Nifty down 100 pts, due to profit booking and mixed global cues.
  • Despite daily losses, Sensex and Nifty ended their weekly losing streaks, rising 0.13% and 0.30% respectively.
  • Experts attribute market pressure to low year-end trading volumes, absence of new triggers, and FII selling.
  • Technical analysts forecast Nifty's movement for Dec 29, with crucial support at 25,950-25,900 and resistance at 26,200-26,250.
  • A break below 26,000 could signal further weakness, while holding it might lead to 26,200.

Why It Matters: Indian markets saw profit booking; experts offer Nifty's technical outlook for Dec 29 amid low volumes.

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