Market Rebounds: Nifty Halts Downturn, Experts Eye Key Levels Amid Sector Gains

Business
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Moneycontrol•19-12-2025, 11:06
Market Rebounds: Nifty Halts Downturn, Experts Eye Key Levels Amid Sector Gains
- •Nifty ends four-day downturn, gaining 130 points near 25950, supported by positive global cues and major stocks like RIL, Infosys, Bajaj Finance.
- •Pharma, Realty, and Defense sectors show strong buying, with the Pharma index strengthening by one percent. Max Health surges on Pune hospital news.
- •Auto, NBFCs, Oil & Gas, and Wire & Cable stocks (Polycab, KEI) also see enthusiasm, while metal stocks face profit-booking.
- •Experts Amrita Shinde, Dhupesh Dhameja, and Jai Mehta identify Nifty's resistance at 25,900-26,200 and support at 25,600-25,700.
- •Traders are advised a cautious buy-on-dips strategy above 25,500, with strict stop-loss and gradual profit-booking due to consolidation and volatility.
Why It Matters: Nifty recovers from downturn, but experts advise cautious trading around key resistance and support levels amid sector-specific gains.
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