Nifty Crosses 26000, Metals & Midcaps Rally; Vodafone Eyes ₹15-16 Target

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Moneycontrol•12-12-2025, 14:57
Nifty Crosses 26000, Metals & Midcaps Rally; Vodafone Eyes ₹15-16 Target
- •Nifty trading above 26,000, showing a second day of buying mood with a 120-point jump.
- •Midcap and Smallcap segments are outperforming, and the ADVANCE/DECLINE ratio remains strong for the third consecutive day.
- •Metal shares are performing strongly due to US rate cuts, with Nifty Metal Index up 2.5%; Consumer Durables, Realty, and Oil & Gas also show good gains.
- •EMS stocks like KEC, Dixon Tech, and PG Electroplast are seeing short covering, while Siemens fell 5% due to a reduced margin outlook.
- •Expert Anuj Singhal suggests Nifty closing above 26,000 would be a significant positive, and Vodafone Idea shares could reach ₹15-16.
Why It Matters: Market analysis reveals strong Nifty momentum and key stock opportunities for investors.
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