After a tough year with record foreign fund outflows and a weak rupee, India's stock market still posted gains, and the Nifty 50 recently broke above 26,200.
2025 Market Snapshot
The Sensex rose about 9% to roughly 85,200 and the Nifty 50 climbed about 10% to 26,130, marking ten straight years of positive returns. Domestic investors stepped in as foreign investors pulled out over ₹1.44 lakh crore. Over 365 companies raised ₹1.95 trillion through IPOs, showing strong local liquidity.
Technical Outlook for Nifty 50
Analyst Mehul Kothari says the Nifty 50 has formed a “cup‑and‑handle” pattern, suggesting a possible rise of around 400 points. If the index stays above the current level, it could target 26,500‑26,600 soon.
- Key support: 25,850‑25,950
- Next resistance: 26,200 (already broken)
- Potential upside: 26,500‑26,600
Bank Nifty Highlights
The Bank Nifty crossed the 60,000 mark, indicating renewed buying pressure. However, a long‑term resistance line sits between 61,000 and 61,500, which may cause short‑term pauses.
- Support level: 59,500‑59,700
- Resistance zone: 61,000‑61,500
- Break above 61,500 could unlock the next upward leg.
Stocks to Watch Under ₹200
Kothari recommends three affordable stocks for Monday:
- Welspun Living – Buy at ₹133, target ₹138, stop loss ₹130.
- UCO Bank – Buy at ₹30.50, target ₹34, stop loss ₹29.
- IOC – Buy near ₹166.50, target ₹172, stop loss ₹162.
Takeaway
The market’s technical signals are positive, but investors should stay disciplined and watch for key support levels. Picking solid stocks and managing risk can help navigate the next moves.
Disclaimer
Remember, this is just an overview, not a prediction. Do your own research or consult a qualified advisor before making any investment decisions.