Nifty Soars 190 Points, Experts Predict 2026 Outlook & Key Levels for First Trading Day

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Moneycontrol•31-12-2025, 21:28
Nifty Soars 190 Points, Experts Predict 2026 Outlook & Key Levels for First Trading Day
- •Nifty showed a clear breakout, closing at 26,129 with a 190-point gain, maintaining strength despite late profit booking.
- •Large-cap stocks like Reliance Industries and major banking stocks led the rally; JSW Steel, ONGC, and Tata Steel were top performers.
- •Steel stocks surged after the government imposed safeguard duty on imported steel products, benefiting domestic producers.
- •All sectors except Nifty IT closed in the green, with Oil & Gas, Consumer Durables, Metals, and Media seeing the highest gains.
- •Experts foresee stable growth in 2026 driven by improved earnings and private investment; Nifty's key support is 26,000, resistance 26,250-26,350.
Why It Matters: Nifty shows strong breakout, experts eye stable 2026 growth with key support/resistance levels for the new year.
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