Nifty Halts Decline, Eyes 26,300: Experts Predict Monday's Market Moves

Business
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Moneycontrol•21-12-2025, 15:07
Nifty Halts Decline, Eyes 26,300: Experts Predict Monday's Market Moves
- •Nifty ended a four-day losing streak, gaining 150 points to close at 25,966, driven by strong global cues.
- •Despite Friday's rally, Nifty closed lower for the third consecutive week, indicating underlying market weakness.
- •Experts foresee Nifty facing crucial resistance at 26,000-26,050; a sustained breakout could lead to 26,300.
- •Key support levels for Nifty are identified between 25,700 and 25,900 by various analysts.
- •The Indian Rupee strengthened for the third session, closing at 89.27 against the dollar, its strongest since November 26.
Why It Matters: Nifty halted its decline, but faces crucial resistance at 26,000; experts eye 26,300 if sustained.
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