Sensex Soars 1,100 Points in 2 Days: Nifty Eyes Record Highs Amid Santa Rally Hopes

Business
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Moneycontrol•22-12-2025, 17:43
Sensex Soars 1,100 Points in 2 Days: Nifty Eyes Record Highs Amid Santa Rally Hopes
- •Indian markets began Christmas week strongly, with Sensex jumping 1,085 points in two days and Nifty closing at 26,172.40.
- •Investor sentiment boosted by foreign investor return, strong global cues, and broad-based buying across sectors.
- •Nifty showed strong momentum, forming higher highs and lows, indicating a potential continuation of the 'Santa Rally'.
- •Experts predict Nifty could target 26,300-26,400, with immediate support at 26,000 and resistance at 26,250-26,325.
- •Bank Nifty also closed positively at 59,304, with potential to reach 59,800-60,000 if 59,550 is breached.
Why It Matters: Indian markets are bullish, driven by strong investor sentiment and technical indicators, with Nifty eyeing new highs.
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