The Indian stock market closed on a higher note on Friday, December 19, breaking a four-session losing run. The Sensex climbed 448 points to finish at 84,929.36, while the Nifty 50 advanced 151 points to settle at 25,966.40.
Market Overview
The rebound was driven by broad-based buying across sectors, supported by a sharp recovery in the Indian rupee from its record lows against the US dollar and a return of foreign portfolio investors. The Nifty 50 decisively reclaimed the crucial 25,900 zone, with the BSE Midcap index gaining 1.26% and the Smallcap index rising 1.25%.
Technical Levels to Watch
As we head towards the end of 2025, here are key technical levels to watch out for in the last week of December. The Nifty 50 witnessed notable volatility last week, registering a high of 26,047.15, after which profit-booking emerged from higher levels, leading to a brief corrective phase.
- Immediate resistance is placed at 26,000, followed by 26,200 and 26,400.
- On the downside, support is seen at 25,900 and then 25,800, with a break below 25,700 likely to attract additional selling pressure.
Sensex and Bank Nifty Outlook
The Sensex continues to trade within a tight consolidation range just below all-time highs, supported by a well-defined ascending trendline. A convincing breakout above 85,000 could trigger the next leg higher toward 85,500–86,000.
The Bank Nifty staged a sharp recovery and managed to close the week at 59,069.20, highlighting renewed buying interest and resilience near key support levels. Investors are advised to remain constructive but disciplined, closely tracking 58,700 as a crucial support and 59,500 as the key resistance for near-term directional cues.
Remember, this is perspective, not prediction. Do your own research and consult with certified experts before making any investment decisions.