Nifty Dec 29: Experts Predict Volatile Close; Key Levels & Broader Market Woes

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Moneycontrol•28-12-2025, 15:05
Nifty Dec 29: Experts Predict Volatile Close; Key Levels & Broader Market Woes
- •Nifty traded in a narrow 150-point range last week, closing above 26,000 despite downward pressure.
- •Experts identify 26,000 as crucial support, with 25,900-25,700 as next bases; 26,200-26,350 as major resistance.
- •Broader market shows concern with declining stocks almost double advancing, despite midcap index record highs.
- •Railway and metal stocks surged; Hindustan Zinc up 31%, Hindustan Copper at 2010 highs.
- •Nifty Bank underperforms, declining for 3 days; key support at 58,980, resistance at 59,500.
Why It Matters: Nifty faces volatility with key support at 26,000; broader market struggles despite sector surges.
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