NIFTY IND DIGITAL

Artists at Serendipity Arts Festival use text as integral part of their artworks, Art explores text via posters, poetry, recipes, embroidery, and installations., Works explore history, social issues, and challenge traditional meaning-making.

* Artists at Serendipity Arts Festival use text as integral part of their artworks
* Art explores text via posters, poetry, recipes, embroidery, and installations.
* Works explore history, social issues, and challenge traditional meaning-making.

At the Serendipity Arts Festival in Goa, artists like Jayasimha Chandrashekar and others used text as a central element in their works, exploring themes from history and identity to social issues, and challenging traditional roles of words in art.

shorts/lifestyle/text-is-dead-long-live-the-text-how-indian-artists-are-engaging-with-the-written-word-and-how-it-makes-meaning

The domestic equity benchmarks settled lower on Friday as thin year-end trading volumes and caution ahead of the earnings season led to broad-based profit booking.

The Sensex fell for the third straight session, dropping 367.25 points or 0.43 percent to close at 85,041.45. During the day, it declined as much as 470.88 points or 0.55 percent to 84,937.82.

The broader Nifty slipped 99.80 points or 0.38 percent to settle at 26,042.30, marking its second consecutive day of losses.

Market participants cited foreign fund outflows and the absence of major domestic triggers for the cautious sentiment.

Market experts said the Nifty could move towards 26,250 as long as the 25,900 level holds, despite thin year-end trading volumes.

Rajesh Bhosale, Equity Technical Analyst at Angel One, said the index continued to maintain a higher-top, higher-bottom structure on the intraday charts.

"In such an environment, traders should avoid reacting to short-term noise and follow a buy-on-dips approach while booking profits near higher levels. On the downside, immediate support is seen at 25,900, while 25,700 remains a key level for the near-term trend. On the upside, the 26,250–26,350 zone is a major hurdle, beyond which the Nifty could gain fresh momentum," he said.

Rupak De, Senior Technical Analyst at LKP Securities, said the index remained weak after slipping below the 21-period exponential moving average on the hourly chart.

"The RSI is in a bearish crossover and trending lower, indicating weakening momentum. The Nifty found support near the 26,000 level during the session. The trend may improve and retrace towards 26,200 and higher if 26,000 holds decisively, but a sustained move below this level could lead to further weakness," he said.

During the session, investors booked profits in information technology, real estate and energy stocks, while gains in select banking and metal shares helped limit the downside.

In the holiday-shortened week, the Sensex gained 112.09 points or 0.13 percent, while the Nifty rose 75.9 points or 0.29 percent.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

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Technical View: Nifty likely to hit 26,250 as long as 25,900 holds amid thin year-end volumes, say experts

The domestic equity benchmarks settled lower on Friday as thin year-end trading volumes and caution ahead of the earnings season led to broad-based profit booking.

The Sensex fell for the third straight session, dropping 367.25 points or 0.43 percent to close at 85,041.45. During the day, it declined as much as 470.88 points or 0.55 percent to 84,937.82.

The broader Nifty slipped 99.80 points or 0.38 percent to settle at 26,042.30, marking its second consecutive day of losses.

Market participants cited foreign fund outflows and the absence of major domestic triggers for the cautious sentiment.

Market experts said the Nifty could move towards 26,250 as long as the 25,900 level holds, despite thin year-end trading volumes.

Rajesh Bhosale, Equity Technical Analyst at Angel One, said the index continued to maintain a higher-top, higher-bottom structure on the intraday charts.

&quot;In such an environment, traders should avoid reacting to short-term noise and follow a buy-on-dips approach while booking profits near higher levels. On the downside, immediate support is seen at 25,900, while 25,700 remains a key level for the near-term trend. On the upside, the 26,250–26,350 zone is a major hurdle, beyond which the Nifty could gain fresh momentum,&quot; he said.

Rupak De, Senior Technical Analyst at LKP Securities, said the index remained weak after slipping below the 21-period exponential moving average on the hourly chart.

&quot;The RSI is in a bearish crossover and trending lower, indicating weakening momentum. The Nifty found support near the 26,000 level during the session. The trend may improve and retrace towards 26,200 and higher if 26,000 holds decisively, but a sustained move below this level could lead to further weakness,&quot; he said.

During the session, investors booked profits in information technology, real estate and energy stocks, while gains in select banking and metal shares helped limit the downside.

In the holiday-shortened week, the Sensex gained 112.09 points or 0.13 percent, while the Nifty rose 75.9 points or 0.29 percent.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Live: Nifty slips below 26,100-mark but ends the week marginally higher | Closing Bell

Sensex down 367 points, Nifty drops 99 points due to profit booking and FII selling, Rupee fell to 89.94 per USD due to fund outflows and crude price recovery., Crude oil prices rose globally; profit booking seen across key sectors

* Sensex down 367 points, Nifty drops 99 points due to profit booking and FII selling
* Rupee fell to 89.94 per USD due to fund outflows and crude price recovery.
* Crude oil prices rose globally; profit booking seen across key sectors

Sensex fell 367 points and Nifty dropped 99 points on Friday amid profit booking, FII selling, rupee weakness, and rising crude prices. Despite this, both indices gained 0.4% for the week, ending a three-week losing streak, led by metals and US growth optimism.

shorts/business/sensex-declines-200-pts-nifty-below-26-100-fii-selling-among-key-factors-behind-market-decline

* Sensex down 367 points, Nifty drops 99 points due to profit booking and FII selling
* Rupee fell to 89.94 per USD due to fund outflows and crude price recovery.
* Crude oil prices rose globally; profit booking seen across key sectors

The benchmark equity indices Sensex and Nifty settled lower on Friday amid profit booking in a holiday-truncated week, with sustained selling by foreign institutional investors (FIIs) weighing on sentiment.

Falling for the third consecutive day, the Sensex dropped 367.25 points or 0.43 percent to settle at 85,041.45. During the day, it tanked 470.88 points or 0.55 percent to 84,937.82.

The Nifty declined by 99.80 points or 0.38 percent to 26,042.30, registering its second day of decline.

Despite the subdued trade on Friday, Nifty and Sensex are up about 0.4 percent each this week, poised to snap a three-week losing run, led by metals on a pick-up in demand in top consumer China, weakness in the US dollar and a stable U.S. growth outlook.
<h3>Key factors behind market decline</h3>
1) Rupee decline: The rupee depreciated 23 paise to 89.94 against the US dollar, dragged by foreign fund outflows and a recovery in crude oil prices. Forex traders said a negative trend in domestic equities, dollar demand from importers and uncertainty over trade deals further dampened sentiment.

At the interbank foreign exchange, the rupee opened at 89.84 against the dollar but moved lower to 89.94, compared to its previous close of 89.71 on Wednesday. Forex and equity markets were closed on Thursday on account of Christmas.

2) FII selling: The foreign institutional investors sold shares worth Rs 1,721.26 crore on Wednesday, marking the third straight session of net selling.

"Higher US GDP growth of 4.3% for the third quarter of 2025 is imparting resilience to the US market. The high and rising profitability of US companies, including the AI ones, might nudge other FIIs, particularly the fleet footed hedge funds, to increase selling in India in the near-term," said Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-muted-start-asian-markets-trade-higher-liveblog-13742638.html" target="_blank">Stock Market LIVE Updates</a>

3) Crude rises: In the global markets, crude oil prices edged higher after the US ordered increased economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in northwest Nigeria. Brent crude futures rose 0.4 per cent to USD 62.48 a barrel, while US West Texas Intermediate crude gained or 0.4 percent to USD 58.58 a barrel.

4) Profit booking: Profit booking was seen across the key sectors. <a href="https://www.moneycontrol.com/india/stockpricequote/finance-leasinghire-purchase/shriramfinance/STF">Shriram Finance</a> and <a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/sunpharmaceuticalindustries/SPI">Sun Pharmaceutical Industries</a> were among the top laggards in the Nifty50 pack, declining up to 2 percent intraday.

"With only four more trading days left for the year 2025, what looked like a Santa rally, appears to be running out of steam. In the absence of fresh triggers like a US-India trade deal, the market is likely to consolidate around the present levels," added Vijayakumar.

The price action indicates selling pressure in Indian markets at near record high levels and a lack of follow-through buying, suggesting short-term exhaustion, says Amruta Shinde, analyst at Choice Equity Broking.
<h3>Technical Analysis</h3>
On the technical front, Anand James, chief market strategist at Geojit Investments Limited, said the 26,100 level on the Nifty remained a key downside marker for the second consecutive session. He noted that the formation of an “evening star” candlestick pattern suggested the possibility of further slippage towards the 25,935–25,850 zone. A move above 26,325, however, could open the way for gains towards the 26,550–26,850 range, he added.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

Sensex settles 350 pts lower, Nifty below 26,050: FII selling among key factors behind market fall

Stock market today: Sensex settles 400 pts lower, Nifty below 26,050: FII selling among key factors behind market fall

The benchmark equity indices Sensex and Nifty settled lower on Friday amid profit booking in a holiday-truncated week, with sustained selling by foreign institutional investors (FIIs) weighing on sentiment.

Falling for the third consecutive day, the Sensex dropped 367.25 points or 0.43 percent to settle at 85,041.45. During the day, it tanked 470.88 points or 0.55 percent to 84,937.82.

The Nifty declined by 99.80 points or 0.38 percent to 26,042.30, registering its second day of decline.

Despite the subdued trade on Friday, Nifty and Sensex are up about 0.4 percent each this week, poised to snap a three-week losing run, led by metals on a pick-up in demand in top consumer China, weakness in the US dollar and a stable U.S. growth outlook.
Key factors behind market decline
1) Rupee decline: The rupee depreciated 23 paise to 89.94 against the US dollar, dragged by foreign fund outflows and a recovery in crude oil prices. Forex traders said a negative trend in domestic equities, dollar demand from importers and uncertainty over trade deals further dampened sentiment.

At the interbank foreign exchange, the rupee opened at 89.84 against the dollar but moved lower to 89.94, compared to its previous close of 89.71 on Wednesday. Forex and equity markets were closed on Thursday on account of Christmas.

2) FII selling: The foreign institutional investors sold shares worth Rs 1,721.26 crore on Wednesday, marking the third straight session of net selling.

&quot;Higher US GDP growth of 4.3% for the third quarter of 2025 is imparting resilience to the US market. The high and rising profitability of US companies, including the AI ones, might nudge other FIIs, particularly the fleet footed hedge funds, to increase selling in India in the near-term,&quot; said Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments.

Stock Market LIVE Updates

3) Crude rises: In the global markets, crude oil prices edged higher after the US ordered increased economic pressure on Venezuelan oil shipments and carried out airstrikes against Islamic State militants in northwest Nigeria. Brent crude futures rose 0.4 per cent to USD 62.48 a barrel, while US West Texas Intermediate crude gained or 0.4 percent to USD 58.58 a barrel.

4) Profit booking: Profit booking was seen across the key sectors. Shriram Finance and Sun Pharmaceutical Industries were among the top laggards in the Nifty50 pack, declining up to 2 percent intraday.

&quot;With only four more trading days left for the year 2025, what looked like a Santa rally, appears to be running out of steam. In the absence of fresh triggers like a US-India trade deal, the market is likely to consolidate around the present levels,&quot; added Vijayakumar.

The price action indicates selling pressure in Indian markets at near record high levels and a lack of follow-through buying, suggesting short-term exhaustion, says Amruta Shinde, analyst at Choice Equity Broking.
Technical Analysis
On the technical front, Anand James, chief market strategist at Geojit Investments Limited, said the 26,100 level on the Nifty remained a key downside marker for the second consecutive session. He noted that the formation of an “evening star” candlestick pattern suggested the possibility of further slippage towards the 25,935–25,850 zone. A move above 26,325, however, could open the way for gains towards the 26,550–26,850 range, he added.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Live: Will Nifty continue to struggle to mount above 26,200? | Opening Bell

IDFC First Bank is staring at a multi-year breakout on long-term charts, likely to relatively outperform the broader markets and may generate significant alpha over the benchmark, said Milan Vaishnav.

Comedian Jamie Lever announced a break from social media after backlash over a video mimicking Bigg Boss 19’s Tanya Mittal. Facing criticism for allegedly mocking Tanya’s emotions, Lever said she needs time to “rest and reset” but will return next year.

shorts/business/chartist-talk-milan-vaishnav-expects-nifty-50-bank-nifty-to-hit-fresh-highs-soon-bullish-on-nifty-it-these-7-stocks

In the coming year, Nifty 50 and Bank Nifty are likely to move higher to record highs. According to Milan Vaishnav, the CMT and founder of Gemstone Equity Research &amp; Advisory Service, the supports have shifted higher to 26,000-26,100 zone, which created a strong base for the markets to move past their previous highs.

So, he expects the key indices to move higher to their new highs. "But we would need market breadth to drastically improve if we have to sustain the current upside," he said.

Vaishnav is bullish on seven stocks including IDFC First Bank, Manappuram Finance, IIFL Finance, and Hindustan Copper.

Do you think the current consolidation in the Nifty 50 is likely to strengthen bulls for a move toward record highs and a potential breakout beyond them?

There are two answers to this. To begin with, Yes. I expect that the current consolidation that the Nifty has created between 26,200-25,700 range is likely to get resolved with a move on the upside. Going by the options data, the supports have shifted higher to 26,000-26,100 zone; this creates a strong base for the markets to move past their previous highs. So, yes, I expect the key indices, i.e., Nifty and Bank Nifty to move higher to their new highs.

Now, this brings me to the second part of my answer. Even if the markets manage to post their fresh lifetime highs, the health of the uptrend would remain weak and the sustainability would be a question. The main reason behind this is the non-confirmation of the market breadth. Even when the frontline index Nifty already formed its lifetime high earlier this month, the broader Nifty 500 is still away by 3 percent from its lifetime high formed in September last year. We would need market breadth to drastically improve if we have to sustain the current upside.

What does the record-low VIX indicate about the upcoming market move?

VIX presents a bit of a precarious picture. Presently, we are at one of its lowest levels. VIX not rising indicates that the market participants are not seeing any need to hedge the markets. But importantly, we need to understand that low VIX does not necessarily mean less risk. This, on the contrary, reflects complacency on part of market participants. Long periods of low volatility are generally followed by periods of high volatility, and we need to remain mindful of this.

Do you see the Bank Nifty holding last week’s low going forward and moving above the 60,000 mark again in the near term?

This would depend upon what the Nifty does in the near term. It is likely to relatively perform in line with the Bank Nifty. With regard to holding the low of the previous week, that would be too myopic view to take. I feel there is strong support near 57,400; so long as that stays defended, it would be fine with Bank Nifty.

What are your top two stock picks for 2026?

My top two picks for the coming year would be <a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/idfcfirstbank/IDF01">IDFC First Bank</a> and <a href="https://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RI">Reliance Industries</a>. While IDFC First Bank is staring at a multi-year breakout on long-term charts, Reliance has formed a classical cup and handle pattern on the higher timeframe charts. Both these stocks are likely to relatively outperform the broader markets and may generate significant alpha over the benchmark.

Are you bullish on <a href="https://www.moneycontrol.com/india/stockpricequote/finance-leasinghire-purchase/shriramfinance/STF">Shriram Finance</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/iiflfinance/II15">IIFL Finance</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/finance-leasinghire-purchase/manappuramfinance/MGF01">Manappuram Finance</a>, and <a href="https://www.moneycontrol.com/india/stockpricequote/finance-others/nuvamawealthmanagement/NWML">Nuvama Wealth Management</a> based on chart structures and pattern formations?

Yes, all these stocks are enjoying a strong uptrend. One can continue to stay invested in all these stocks from a medium to long term perspective.

Do you expect <a href="https://www.moneycontrol.com/india/stockpricequote/metals-non-ferrous/hindustancopper/HC07">Hindustan Copper</a> to continue its record-high run?

Yes, I expect this run to continue. However, from an immediate short-term perspective, some minor consolidation or retracement cannot be ruled out. These moves should be used to make fresh entry in the stock. By and large, I expect for some consolidation, I expect this run to continue.

Do you think Nifty IT has exhausted its recent rally, considering the weekly chart pattern formation?

No, not at all. There are no indications that suggest the IT Index having exhausted its upmove. It may have taken a breather, but the IT Index is breaking out from a multi-month consolidation and may inch meaningfully higher from current levels.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Chartist Talk: Milan Vaishnav expects Nifty 50, Bank Nifty to hit fresh highs soon; bullish on Nifty IT & these 7 stocks

In the coming year, Nifty 50 and Bank Nifty are likely to move higher to record highs. According to Milan Vaishnav, the CMT and founder of Gemstone Equity Research &amp;amp; Advisory Service, the supports have shifted higher to 26,000-26,100 zone, which created a strong base for the markets to move past their previous highs.

So, he expects the key indices to move higher to their new highs. &quot;But we would need market breadth to drastically improve if we have to sustain the current upside,&quot; he said.

Vaishnav is bullish on seven stocks including IDFC First Bank, Manappuram Finance, IIFL Finance, and Hindustan Copper.

Do you think the current consolidation in the Nifty 50 is likely to strengthen bulls for a move toward record highs and a potential breakout beyond them?

There are two answers to this. To begin with, Yes. I expect that the current consolidation that the Nifty has created between 26,200-25,700 range is likely to get resolved with a move on the upside. Going by the options data, the supports have shifted higher to 26,000-26,100 zone; this creates a strong base for the markets to move past their previous highs. So, yes, I expect the key indices, i.e., Nifty and Bank Nifty to move higher to their new highs.

Now, this brings me to the second part of my answer. Even if the markets manage to post their fresh lifetime highs, the health of the uptrend would remain weak and the sustainability would be a question. The main reason behind this is the non-confirmation of the market breadth. Even when the frontline index Nifty already formed its lifetime high earlier this month, the broader Nifty 500 is still away by 3 percent from its lifetime high formed in September last year. We would need market breadth to drastically improve if we have to sustain the current upside.

What does the record-low VIX indicate about the upcoming market move?

VIX presents a bit of a precarious picture. Presently, we are at one of its lowest levels. VIX not rising indicates that the market participants are not seeing any need to hedge the markets. But importantly, we need to understand that low VIX does not necessarily mean less risk. This, on the contrary, reflects complacency on part of market participants. Long periods of low volatility are generally followed by periods of high volatility, and we need to remain mindful of this.

Do you see the Bank Nifty holding last week’s low going forward and moving above the 60,000 mark again in the near term?

This would depend upon what the Nifty does in the near term. It is likely to relatively perform in line with the Bank Nifty. With regard to holding the low of the previous week, that would be too myopic view to take. I feel there is strong support near 57,400; so long as that stays defended, it would be fine with Bank Nifty.

What are your top two stock picks for 2026?

My top two picks for the coming year would be IDFC First Bank and Reliance Industries. While IDFC First Bank is staring at a multi-year breakout on long-term charts, Reliance has formed a classical cup and handle pattern on the higher timeframe charts. Both these stocks are likely to relatively outperform the broader markets and may generate significant alpha over the benchmark.

Are you bullish on Shriram Finance, IIFL Finance, Manappuram Finance, and Nuvama Wealth Management based on chart structures and pattern formations?

Yes, all these stocks are enjoying a strong uptrend. One can continue to stay invested in all these stocks from a medium to long term perspective.

Do you expect Hindustan Copper to continue its record-high run?

Yes, I expect this run to continue. However, from an immediate short-term perspective, some minor consolidation or retracement cannot be ruled out. These moves should be used to make fresh entry in the stock. By and large, I expect for some consolidation, I expect this run to continue.

Do you think Nifty IT has exhausted its recent rally, considering the weekly chart pattern formation?

No, not at all. There are no indications that suggest the IT Index having exhausted its upmove. It may have taken a breather, but the IT Index is breaking out from a multi-month consolidation and may inch meaningfully higher from current levels.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Chartist Talk: Milan Vaishnav expects Nifty 50, Bank Nifty to hit fresh highs soon; bullish on Nifty IT &amp; these 7 stocks

2 out of 4 years NIFTY IND DIGITAL has given positive returns in December.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	9,698.68	9,739.17	9,763.58	9,674.27	9,633.78	9,609.37	9,568.88
Fibonacci	9,699.06	9,714.37	9,739.17	9,674.27	9,649.47	9,634.16	9,609.37
Camarilla	9,664.15	9,670.10	9,676.05	9,674.27	9,652.25	9,646.30	9,640.35

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