Indian equity indices opened with a slight positive trend on Monday, December 29, 2025, despite overall subdued domestic and global market conditions. Gains were primarily seen in metal and information technology stocks.
Market Performance
As of 10:00 AM local time, the Nifty 50 was trading at 26,040.00, a decrease of 9.20 points, or 0.04 per cent. Simultaneously, the Sensex reached 85,016.54, down 24.91 points, representing a 0.03 per cent decline.
Among the top performers on the Sensex were Tata Steel, TMPV, BEL, Eternal, Kotak Bank, Infosys, and NTPC, with gains reaching up to 1.12 per cent. Conversely, Adani Ports, Bajaj Finserv, Axis Bank, RIL, and HCLTech experienced losses.
Broader market trends showed a slight downturn, with the Nifty Midcap falling 0.05 per cent and the Nifty Smallcap declining by 0.06 per cent. Sector-wise, Nifty Metal led gains with a 1.1 per cent increase, followed by IT and PSU Bank indices. Nifty Media, FMCG, and Realty indices were the primary laggards.
Global and Commodity Markets
Asian stock markets presented a mixed picture, while the global stock gauge remained near record highs. The MSCI AC Asia Pacific index rose 0.38 per cent, driven by increases in South Korea’s Kospi and the Hang Seng index.
Commodity markets saw significant volatility, with silver briefly surpassing $80 an ounce before falling by over 2 per cent.
Nifty 50 Outlook
According to Ponmudi R, CEO of Enrich Money, the Nifty 50 is currently trading within a narrow range, with 26,000 acting as a critical support level. A break below this level could potentially lead to a corrective move towards the 25,900–25,800 range. Resistance is expected around 26,160, with a stronger supply area between 26,250 and 26,300.
IPO Activity
Currently, there are no new initial public offerings (IPOs) on the mainboards. However, the IPO of E to E Transportation Infrastructure Ltd. is in its second day of trading within the SME segment.
Frequently Asked Questions
What is the current status of the Sensex?
As of 10:00 AM on Monday, December 29, 2025, the Sensex was at 85,016.54, lower by 24.91 points or 0.03 per cent.
Which sectors are currently performing well?
Nifty Metal, IT, and PSU Bank indices are currently the top-performing sectors, with Nifty Metal up 1.1 per cent.
What is the significance of the 26,000 level for the Nifty 50?
According to Ponmudi R, CEO of Enrich Money, 26,000 is a crucial psychological and technical support level for the Nifty 50. A break below this level could signal a potential corrective move.
Given the current market conditions and the key support and resistance levels identified, what strategies might investors consider as the week progresses?
