Sensex Dips 150 Pts, Nifty Below 25800: Experts Advise Buying Quality Stocks

• Indian markets opened weak on Dec 18; Sensex down 140 pts to 84,428, Nifty down 50 pts to 25,770.
• Nifty is in a consolidation phase, with strong resistance at 26,000 and support at 25,500.
• Derivatives data indicates caution, with call writers strengthening resistance and put writers signaling a sideways phase.
• FIIs may adopt a 'sell on rally' strategy, potentially increasing short positions despite net institutional buying.
• Experts suggest buying good quality, reasonably priced stocks during market weakness, especially if the Japanese Central Bank raises rates.

Why It Matters: Market in consolidation; experts recommend buying quality stocks on dips amid global uncertainties.