Nifty closes slightly down; Experts eye 26100 for Dec 16 trend

• Indian equity indices closed with marginal losses on December 15 after volatile trading.
• Sensex fell 54.30 points (0.06%) to 85,213.36, and Nifty dropped 19.65 points (0.08%) to 26,027.30.
• FII outflows and a weak rupee are keeping the market range-bound, with earnings expected to drive future movement.
• Technical analysis suggests Nifty closed near a falling parallel trendline, indicating caution.
• For an uptrend, Nifty needs to close above 26,326; otherwise, consolidation between 26,326–25,700 is likely.

Why It Matters: Understand market trends and key levels to make informed investment decisions.