NIFTY India Mfg

The benchmark Nifty 50 fell half a percent on December 9, extending its downtrend for another session. The index closed near the lower Bollinger Bands and remained below the short-term moving averages, with weakness in momentum indicators signalling consolidation ahead. If the index convincingly breaks below 25,700 (the 50 DEMA and Tuesday’s intraday low), 25,500 will be the key downside level to watch. However, sustaining above this mark can increase the possibility of a move toward the 26,000–26,200 zone, according to experts.

<img class="alignnone size-full wp-image-13718400 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209172850_Image109122025.jpg" alt="Image109122025" width="1281" height="646" />

Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The <a href="https://www.moneycontrol.com/indian-indices/nifty-50-9.html" target="_blank">Nifty 50</a> (25,840)

Resistance based on pivot points: 25,905, 25,951, and 26,026

Support based on pivot points: 25,756, 25,710, and 25,635

Special Formation: The Nifty 50 formed a bearish candle with upper and lower shadows and a lower-high, lower-low structure on the daily charts, indicating weakness amid volatility. The index tested the 50 DEMA intraday as well as the lower end of the Bollinger Bands, while the short-term moving averages (10- and 20-day EMAs) continued to slope downward. The RSI dropped below 50 to 47.08, and the MACD maintained its bearish crossover. All this indicates continued short-term weakness.

2) Key Levels For The <a href="https://www.moneycontrol.com/indian-indices/nifty-bank-23.html" target="_blank">Bank Nifty</a> (59,222)

Resistance based on pivot points: 59,336, 59,450, and 59,633

Support based on pivot points: 58,970, 58,856, and 58,673

Resistance based on Fibonacci retracement: 59,466, 60,887

Support based on Fibonacci retracement: 58,632, 58,280

Special Formation: The Bank Nifty formed a bullish candle on the daily charts after a smart recovery from the day’s low, closing flat while sustaining above the 20 DEMA and the midline of the Bollinger Bands—both positive signals. The RSI flattened at 56.67, remaining below the reference line, while the MACD maintained its bearish crossover with further weakness visible in the histogram. The Stochastic RSI stayed rangebound, marginally surpassing the reference line near the lower zone. All this indicates mild positivity with caution.

<img class="alignnone size-full wp-image-13718401 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209172911_Image209122025.jpg" alt="Image209122025" width="1281" height="646" />

3) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Nifty Call Options Data</a>

According to the weekly options data, the 26,000 strike holds the maximum Call open interest (with 78.25 lakh contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 26,500 strike (60.99 lakh contracts) and 26,100 strike (57.6 lakh contracts).

Maximum Call writing was observed at the 26,000 strike, which saw an addition of 37.15 lakh contracts, followed by the 25,900 and 25,800 strikes, which added 32.68 lakh and 27.03 lakh contracts, respectively. The maximum Call unwinding was seen at the 26,750 strike, which shed 58,650 contracts.

<img class="alignnone size-full wp-image-13718402 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209172930_Image409122025.jpg" alt="Image409122025" width="1253" height="339" />

4) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Nifty Put Options Data</a>

On the Put side, the maximum Put open interest was seen at the 25,500 strike (with 50.76 lakh contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 25,400 strike (47.24 lakh contracts) and the 25,800 strike (44.85 lakh contracts).

The maximum Put writing was placed at the 25,400 strike, which saw an addition of 34.98 lakh contracts, followed by the 25,800 and 25,500 strikes, which added 24.61 lakh and 20.2 lakh contracts, respectively. The maximum Put unwinding was seen at the 26,200 strike, which shed 3.06 lakh contracts, followed by the 26,050 and 26,250 strikes, which shed 1.04 lakh and 47,475 contracts, respectively.

<img class="alignnone size-full wp-image-13718403 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209172948_Image509122025.jpg" alt="Image509122025" width="1257" height="343" />

5) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Bank Nifty Call Options Data</a>

According to the monthly options data, the maximum Call open interest was seen at the 60,000 strike, with 15.07 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 59,500 strike (12.77 lakh contracts) and the 61,000 strike (8.07 lakh contracts).

Maximum Call writing was observed at the 59,000 strike (with the addition of 58,800 contracts), followed by the 59,300 strike (55,300 contracts) and 59,200 strike (49,630 contracts). The maximum Call unwinding was seen at the 59,500 strike, which shed 1.51 lakh contracts, followed by the 59,800 and 61,500 strikes, which shed 54,565 and 54,355 contracts, respectively.

<img class="alignnone size-full wp-image-13718404 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209173007_Image609122025.jpg" alt="Image609122025" width="1253" height="342" />

6) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Bank Nifty Put Options Data</a>

On the Put side, the 59,500 strike holds the maximum Put open interest (with 16.47 lakh contracts), which can act as a key level for the index. This was followed by the 59,000 strike (12.82 lakh contracts) and the 58,500 strike (9.85 lakh contracts).

The maximum Put writing was placed at the 58,900 strike (which added 79,485 contracts), followed by the 59,000 strike (66,010 contracts) and the 58,800 strike (39,305 contracts). The maximum Put unwinding was seen at the 59,800 strike, which shed 45,535 contracts, followed by the 58,000 and 60,300 strikes, which shed 24,220 and 14,280 contracts, respectively.

<img class="alignnone size-full wp-image-13718405 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209173026_Image709122025.jpg" alt="Image709122025" width="1250" height="344" />

7) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Funds Flow (Rs crore)</a>

<img class="alignnone size-full wp-image-13718449 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209183256_Image2009122025.jpg" alt="Image2009122025" width="700" height="414" />

8) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Put-Call Ratio</a>

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 0.86 on December 9, compared to 0.64 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.

<img class="alignnone size-full wp-image-13718407 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209173104_Image909122025.jpg" alt="Image909122025" width="1230" height="495" />

9) <a href="https://www.moneycontrol.com/indian-indices/india-vix-36.html" target="_blank">India VIX</a>

The India VIX, which measures market volatility, dropped 1.55 percent to 10.95 on Tuesday following a sharp rally in the previous session. The index continued to trade below all key moving averages, which remains favourable for the bulls.

<img class="alignnone size-full wp-image-13718408 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209173122_Image309122025.jpg" alt="Image309122025" width="1281" height="646" />

10) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Long Build-up (62 Stocks)</a>

A long build-up was seen in 62 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

<img class="alignnone size-full wp-image-13718440 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209182952_Image1509122025.jpg" alt="Image1509122025" width="700" height="700" />

11) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Long Unwinding (34 Stocks)</a>

34 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.

<img class="alignnone size-full wp-image-13718443 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209183013_Image1609122025.jpg" alt="Image1609122025" width="700" height="700" />

12) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Short Build-up (52 Stocks)</a>

52 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.

<img class="alignnone size-full wp-image-13718445 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209183051_Image1709122025.jpg" alt="Image1709122025" width="700" height="612" />

13) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Short-Covering (65 Stocks)</a>

65 stocks saw short-covering, meaning a decrease in OI, along with a price increase.

<img class="alignnone size-full wp-image-13718446 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209183130_Image1809122025.jpg" alt="Image1809122025" width="700" height="700" />

14) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">High Delivery Trades</a>

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.

<img class="alignnone size-full wp-image-13718448 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251209183214_Image1909122025.jpg" alt="Image1909122025" width="700" height="729" />

15) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Stocks Under F&amp;O Ban</a>

Securities banned under the F&amp;O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&amp;O ban: Nil

Stocks retained in F&amp;O ban: Bandhan Bank, Sammaan Capital

Stocks removed from F&amp;O ban: Kaynes Technology India

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.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

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Trade setup for December 10: Top 15 things to know before the opening bells

The benchmark Nifty 50 fell half a percent on December 9, extending its downtrend for another session. The index closed near the lower Bollinger Bands and remained below the short-term moving averages, with weakness in momentum indicators signalling consolidation ahead. If the index convincingly breaks below 25,700 (the 50 DEMA and Tuesday’s intraday low), 25,500 will be the key downside level to watch. However, sustaining above this mark can increase the possibility of a move toward the 26,000–26,200 zone, according to experts.



Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The Nifty 50 (25,840)

Resistance based on pivot points: 25,905, 25,951, and 26,026

Support based on pivot points: 25,756, 25,710, and 25,635

Special Formation: The Nifty 50 formed a bearish candle with upper and lower shadows and a lower-high, lower-low structure on the daily charts, indicating weakness amid volatility. The index tested the 50 DEMA intraday as well as the lower end of the Bollinger Bands, while the short-term moving averages (10- and 20-day EMAs) continued to slope downward. The RSI dropped below 50 to 47.08, and the MACD maintained its bearish crossover. All this indicates continued short-term weakness.

2) Key Levels For The Bank Nifty (59,222)

Resistance based on pivot points: 59,336, 59,450, and 59,633

Support based on pivot points: 58,970, 58,856, and 58,673

Resistance based on Fibonacci retracement: 59,466, 60,887

Support based on Fibonacci retracement: 58,632, 58,280

Special Formation: The Bank Nifty formed a bullish candle on the daily charts after a smart recovery from the day’s low, closing flat while sustaining above the 20 DEMA and the midline of the Bollinger Bands—both positive signals. The RSI flattened at 56.67, remaining below the reference line, while the MACD maintained its bearish crossover with further weakness visible in the histogram. The Stochastic RSI stayed rangebound, marginally surpassing the reference line near the lower zone. All this indicates mild positivity with caution.



3) Nifty Call Options Data

According to the weekly options data, the 26,000 strike holds the maximum Call open interest (with 78.25 lakh contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 26,500 strike (60.99 lakh contracts) and 26,100 strike (57.6 lakh contracts).

Maximum Call writing was observed at the 26,000 strike, which saw an addition of 37.15 lakh contracts, followed by the 25,900 and 25,800 strikes, which added 32.68 lakh and 27.03 lakh contracts, respectively. The maximum Call unwinding was seen at the 26,750 strike, which shed 58,650 contracts.



4) Nifty Put Options Data

On the Put side, the maximum Put open interest was seen at the 25,500 strike (with 50.76 lakh contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 25,400 strike (47.24 lakh contracts) and the 25,800 strike (44.85 lakh contracts).

The maximum Put writing was placed at the 25,400 strike, which saw an addition of 34.98 lakh contracts, followed by the 25,800 and 25,500 strikes, which added 24.61 lakh and 20.2 lakh contracts, respectively. The maximum Put unwinding was seen at the 26,200 strike, which shed 3.06 lakh contracts, followed by the 26,050 and 26,250 strikes, which shed 1.04 lakh and 47,475 contracts, respectively.



5) Bank Nifty Call Options Data

According to the monthly options data, the maximum Call open interest was seen at the 60,000 strike, with 15.07 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 59,500 strike (12.77 lakh contracts) and the 61,000 strike (8.07 lakh contracts).

Maximum Call writing was observed at the 59,000 strike (with the addition of 58,800 contracts), followed by the 59,300 strike (55,300 contracts) and 59,200 strike (49,630 contracts). The maximum Call unwinding was seen at the 59,500 strike, which shed 1.51 lakh contracts, followed by the 59,800 and 61,500 strikes, which shed 54,565 and 54,355 contracts, respectively.



6) Bank Nifty Put Options Data

On the Put side, the 59,500 strike holds the maximum Put open interest (with 16.47 lakh contracts), which can act as a key level for the index. This was followed by the 59,000 strike (12.82 lakh contracts) and the 58,500 strike (9.85 lakh contracts).

The maximum Put writing was placed at the 58,900 strike (which added 79,485 contracts), followed by the 59,000 strike (66,010 contracts) and the 58,800 strike (39,305 contracts). The maximum Put unwinding was seen at the 59,800 strike, which shed 45,535 contracts, followed by the 58,000 and 60,300 strikes, which shed 24,220 and 14,280 contracts, respectively.



7) Funds Flow (Rs crore)



8) Put-Call Ratio

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 0.86 on December 9, compared to 0.64 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.



9) India VIX

The India VIX, which measures market volatility, dropped 1.55 percent to 10.95 on Tuesday following a sharp rally in the previous session. The index continued to trade below all key moving averages, which remains favourable for the bulls.



10) Long Build-up (62 Stocks)

A long build-up was seen in 62 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.



11) Long Unwinding (34 Stocks)

34 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.



12) Short Build-up (52 Stocks)

52 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.



13) Short-Covering (65 Stocks)

65 stocks saw short-covering, meaning a decrease in OI, along with a price increase.



14) High Delivery Trades

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.



15) Stocks Under F&amp;amp;O Ban

Securities banned under the F&amp;amp;O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&amp;amp;O ban: Nil

Stocks retained in F&amp;amp;O ban: Bandhan Bank, Sammaan Capital

Stocks removed from F&amp;amp;O ban: Kaynes Technology India

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.

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

The Nifty 50 closed off its day’s low with a loss of nearly half a percent on December 9, taking support at the 50-day EMA (25,700) and bouncing back above the 25,800 zone, while the Bank Nifty outperformed the benchmark index and recouped almost all losses to close flat. The India Volatility Index (VIX) sustained below all key moving averages, favouring the bulls.

The Nifty 50 remained below the short-term moving averages, though it did take support at the 50-DEMA on a closing basis. The momentum indicators weakened further; hence, short-term caution is likely. If the index decisively closes and sustains below the 50-DEMA in the upcoming sessions, 25,500 will be the support level to watch. On the higher side, 25,900–26,000 can act as resistance, followed by 26,100–26,200 as the key hurdle, experts said.

The Nifty 50 opened lower at 25,867 and corrected to 25,728 intraday before showing some recovery. The index closed at 25,840, down 121 points, and formed a bearish candle with upper and lower shadows on the daily charts along with a lower-high, lower-low structure, indicating weakness amid volatility.

According to Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, such formations after a reasonable decline or near key supports often act as a short-term bottom reversal pattern.

He feels the underlying trend of the Nifty remains weak. “However, any sustainable bounce-back from near the crucial support of 25,700 could possibly open more upside towards the 26,100–26,200 levels in the near term,” he said.

Weekly options data indicated that the Nifty 50 is likely to trade in the 25,500–26,000 range in the short term.

The maximum Call open interest was seen at the 26,000 strike, followed by the 26,500 and 26,100 strikes, with the maximum Call writing at the 26,000, 25,900, and 25,800 strikes. On the Put side, the 25,500 strike holds the maximum open interest, followed by the 25,400 and 25,800 strikes, with the maximum Put writing at the 25,400, 25,800, and 25,500 strikes.

Bank Nifty

The Bank Nifty performed better than the Nifty 50, recovering 340 points from the day’s low and bouncing back above 59,000 to finish at 59,222, down just 16 points. The banking index formed a bullish candle on the daily timeframe and closed above the 20-day EMA, raising hopes of further recovery, though the RSI and MACD signal caution.

The index formed support near the 38% Fibonacci retracement level taken from the November 7 low to the record high of 60,118 on December 1.

“Immediate support is at 59,000, with positional support at 58,750 near the hourly 200 EMA. One should turn bullish only if the index closes above its 10-day EMA near 59,400,” Vatsal Bhuva, Technical Analyst at LKP Securities, said.

Resistance levels are placed at 59,500 and 59,800, keeping the range between 58,750–59,500, he added.

Meanwhile, the India VIX fell 1.55 percent to 10.95 after a day of sharp rally, sustaining below all key moving averages, which remains favourable for bulls.

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.

Technical View: Nifty extends weakness, 50-DEMA crucial for future direction; Bank Nifty defends 20-DEMA

The Nifty 50 closed off its day’s low with a loss of nearly half a percent on December 9, taking support at the 50-day EMA (25,700) and bouncing back above the 25,800 zone, while the Bank Nifty outperformed the benchmark index and recouped almost all losses to close flat. The India Volatility Index (VIX) sustained below all key moving averages, favouring the bulls.

The Nifty 50 remained below the short-term moving averages, though it did take support at the 50-DEMA on a closing basis. The momentum indicators weakened further; hence, short-term caution is likely. If the index decisively closes and sustains below the 50-DEMA in the upcoming sessions, 25,500 will be the support level to watch. On the higher side, 25,900–26,000 can act as resistance, followed by 26,100–26,200 as the key hurdle, experts said.

The Nifty 50 opened lower at 25,867 and corrected to 25,728 intraday before showing some recovery. The index closed at 25,840, down 121 points, and formed a bearish candle with upper and lower shadows on the daily charts along with a lower-high, lower-low structure, indicating weakness amid volatility.

According to Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, such formations after a reasonable decline or near key supports often act as a short-term bottom reversal pattern.

He feels the underlying trend of the Nifty remains weak. “However, any sustainable bounce-back from near the crucial support of 25,700 could possibly open more upside towards the 26,100–26,200 levels in the near term,” he said.

Weekly options data indicated that the Nifty 50 is likely to trade in the 25,500–26,000 range in the short term.

The maximum Call open interest was seen at the 26,000 strike, followed by the 26,500 and 26,100 strikes, with the maximum Call writing at the 26,000, 25,900, and 25,800 strikes. On the Put side, the 25,500 strike holds the maximum open interest, followed by the 25,400 and 25,800 strikes, with the maximum Put writing at the 25,400, 25,800, and 25,500 strikes.

Bank Nifty

The Bank Nifty performed better than the Nifty 50, recovering 340 points from the day’s low and bouncing back above 59,000 to finish at 59,222, down just 16 points. The banking index formed a bullish candle on the daily timeframe and closed above the 20-day EMA, raising hopes of further recovery, though the RSI and MACD signal caution.

The index formed support near the 38% Fibonacci retracement level taken from the November 7 low to the record high of 60,118 on December 1.

“Immediate support is at 59,000, with positional support at 58,750 near the hourly 200 EMA. One should turn bullish only if the index closes above its 10-day EMA near 59,400,” Vatsal Bhuva, Technical Analyst at LKP Securities, said.

Resistance levels are placed at 59,500 and 59,800, keeping the range between 58,750–59,500, he added.

Meanwhile, the India VIX fell 1.55 percent to 10.95 after a day of sharp rally, sustaining below all key moving averages, which remains favourable for bulls.

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.

The Indian equity indices ended lower for the second consecutive session amid volatility on December 9 led by uncertainty over US trade deal and caution mood ahead of Federal Reserve's rate decision.

The Indian indices opened weak with Nifty below 25900, and extended selling in the initial hours dragged it below 25,750, however, recovery in the mid and final session especially in mid and smallcap stocks helped it to closed above 25,800.

At close, the Sensex was down 436.41 points or 0.51 percent at 84,666.28, and the Nifty was down 120.9 points or 0.47 percent at 25,839.65.

Broader indices outperformed the main indices with BSE midcap index adding 0.6 percent and smallcap index rising 1.3 percent.

Also Read: <a href="https://www.moneycontrol.com/news/business/markets/kaynes-tech-shares-jump-10-snap-4-day-losing-streak-macquarie-sees-102-upside-13717322.html">Kaynes Tech shares jump 10%, snap 4-day losing streak: Macquarie sees 102% upside</a>

Biggest Nifty losers were Asian Paints, Tech Mahindra, Tata Steel, Dr Reddy's Laboratories, Interglobe Aviation, while gainers included Titan Company, Shriram Finance, Adani Enterprises, Eternal, Bharat Electronics.

Among sectors, IT, auto, metal down 0.3-1 percent, while realty, telecom, capital goods, PSU Bank up 0.5-1 percent.

Also Read: <a href="https://www.moneycontrol.com/news/business/insurance-premiums-log-fy26-s-biggest-jump-in-november-as-gst-exemption-lifts-demand-13717208.html">Insurance premiums log FY26’s biggest jump in November as GST exemption lifts demand</a>

In stock-specific action, Fujiyama Power Systems shares added 1% as Q2 profit jumps 97%, Physicswallah shares fell 2% despite Q2 consolidated profit rises 69%, Siemens shares shed 2% on sale of Low Voltage Motors and Geared Motors businesses, VTM shares fell nearly 5% on signing MoU with Government of Tamil Nadu, SpiceJet share price rose 6% on adding 2 Boeing 737 Aircraft, Ajmera Realty shares added 4% on recording 81% sell at residential project, Solarworld Energy Solutions share price added 2% on project win of Rs 806 crore.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/rating-disconnect-widens-as-investors-outpace-analysts-in-nifty-50-moves-13716598.html">Rating disconnect widens as investors outpace analysts in Nifty 50 moves</a>

More than 500 stocks hit 52-week low, including Balrampur Chini Mills, Tata Chemicals, Mahanagar Gas, United Breweries, Sapphire Foods, Piramal Pharma, Blue Dart, Aarti Industries, ACC, Chambal Fertilisers, Tejas Networks, Inox Wind, Page Industries, Power Finance, NCC, Trent, REC, BASF, among others. <a href="http://moneycontrol.com/stocks/market-stats/52-week-low-bse/?indexName=BSE%2520500&amp;id=12">Click to View More</a>

Outlook for December 10

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty slipped in the opening hour before finding support around the 61.80% Fibonacci retracement level of the previous rise. It is also observed that the 61.80% retracement level coincides with the 50EMA, indicating the strength of the support zone.

However, the short-term sentiment might remain weak as the index is sustaining below the 21EMA.

The RSI is in a bearish crossover, adding to the weak momentum.

In the short term, the trend may remain weak with a possible decline towards 25,615/25,535. Resistance is placed at 25,970–26,000.

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

On the weekly expiry day, the benchmark index Nifty opened with a sharp gap-down and extended losses during the initial hour of trade, reflecting heightened volatility. However, the index managed to find support near its 50-day EMA, which triggered a recovery and helped recoup part of the early losses. This price action resulted in the formation of a High Wave candle on the daily chart, signalling indecisiveness and a lack of clear directional bias in the market.

Among the Nifty constituents, Eternal and Titan emerged as the top gainers, while Asian Paints and Tech Mahindra were among the major laggards. Sectoral performance was mixed, with Nifty Consumer Durables, Nifty PSU Bank, and Nifty Chemicals leading the gains, whereas Nifty IT and Nifty Auto ended as top losers.

A notable highlight of the session was the outperformance of the broader market after several muted days. The Nifty Midcap 100 closed higher by 0.32%, while the Nifty Smallcap 100 staged a strong rebound from oversold levels, ending up 1.14%. Market breadth improved significantly, with the advance-decline ratio tilting in favour of advancers. From the Nifty 500 universe, 323 stocks finished on a positive note, indicating improving sentiment across the broader market.

Going ahead, for Nifty, the zone of 25730-25700 will act as important support. If the index slips below the 25,700 level, it could trigger a deeper correction. On the upside, the zone of 25,950-26,000 will act as a crucial hurdle for the index. Any sustainable move above the 26000 will lead to an upside rally up to the 26,150 level.

The banking benchmark index, Bank Nifty, slipped below its 20-day EMA at the opening but managed to close the session above this key level. On the daily chart, it has formed a bullish candle with a minor upper shadow, indicating some buying interest despite early weakness. Going ahead, the zone of 58,900-58,800 will act as crucial support for the index. While on the upside, the zone of 59,600-59,700 will act as an important hurdle.

Disclaimer: The views and investment tips expressed by 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 decision.

Taking Stock: Market recovers from day's low but losses extend on second day

The Indian equity indices ended lower for the second consecutive session amid volatility on December 9 led by uncertainty over US trade deal and caution mood ahead of Federal Reserve's rate decision.

The Indian indices opened weak with Nifty below 25900, and extended selling in the initial hours dragged it below 25,750, however, recovery in the mid and final session especially in mid and smallcap stocks helped it to closed above 25,800.

At close, the Sensex was down 436.41 points or 0.51 percent at 84,666.28, and the Nifty was down 120.9 points or 0.47 percent at 25,839.65.

Broader indices outperformed the main indices with BSE midcap index adding 0.6 percent and smallcap index rising 1.3 percent.

Also Read: Kaynes Tech shares jump 10%, snap 4-day losing streak: Macquarie sees 102% upside

Biggest Nifty losers were Asian Paints, Tech Mahindra, Tata Steel, Dr Reddy's Laboratories, Interglobe Aviation, while gainers included Titan Company, Shriram Finance, Adani Enterprises, Eternal, Bharat Electronics.

Among sectors, IT, auto, metal down 0.3-1 percent, while realty, telecom, capital goods, PSU Bank up 0.5-1 percent.

Also Read: Insurance premiums log FY26’s biggest jump in November as GST exemption lifts demand

In stock-specific action, Fujiyama Power Systems shares added 1% as Q2 profit jumps 97%, Physicswallah shares fell 2% despite Q2 consolidated profit rises 69%, Siemens shares shed 2% on sale of Low Voltage Motors and Geared Motors businesses, VTM shares fell nearly 5% on signing MoU with Government of Tamil Nadu, SpiceJet share price rose 6% on adding 2 Boeing 737 Aircraft, Ajmera Realty shares added 4% on recording 81% sell at residential project, Solarworld Energy Solutions share price added 2% on project win of Rs 806 crore.

Also Read - Rating disconnect widens as investors outpace analysts in Nifty 50 moves

More than 500 stocks hit 52-week low, including Balrampur Chini Mills, Tata Chemicals, Mahanagar Gas, United Breweries, Sapphire Foods, Piramal Pharma, Blue Dart, Aarti Industries, ACC, Chambal Fertilisers, Tejas Networks, Inox Wind, Page Industries, Power Finance, NCC, Trent, REC, BASF, among others. Click to View More

Outlook for December 10

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty slipped in the opening hour before finding support around the 61.80% Fibonacci retracement level of the previous rise. It is also observed that the 61.80% retracement level coincides with the 50EMA, indicating the strength of the support zone.

However, the short-term sentiment might remain weak as the index is sustaining below the 21EMA.

The RSI is in a bearish crossover, adding to the weak momentum.

In the short term, the trend may remain weak with a possible decline towards 25,615/25,535. Resistance is placed at 25,970–26,000.

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

On the weekly expiry day, the benchmark index Nifty opened with a sharp gap-down and extended losses during the initial hour of trade, reflecting heightened volatility. However, the index managed to find support near its 50-day EMA, which triggered a recovery and helped recoup part of the early losses. This price action resulted in the formation of a High Wave candle on the daily chart, signalling indecisiveness and a lack of clear directional bias in the market.

Among the Nifty constituents, Eternal and Titan emerged as the top gainers, while Asian Paints and Tech Mahindra were among the major laggards. Sectoral performance was mixed, with Nifty Consumer Durables, Nifty PSU Bank, and Nifty Chemicals leading the gains, whereas Nifty IT and Nifty Auto ended as top losers.

A notable highlight of the session was the outperformance of the broader market after several muted days. The Nifty Midcap 100 closed higher by 0.32%, while the Nifty Smallcap 100 staged a strong rebound from oversold levels, ending up 1.14%. Market breadth improved significantly, with the advance-decline ratio tilting in favour of advancers. From the Nifty 500 universe, 323 stocks finished on a positive note, indicating improving sentiment across the broader market.

Going ahead, for Nifty, the zone of 25730-25700 will act as important support. If the index slips below the 25,700 level, it could trigger a deeper correction. On the upside, the zone of 25,950-26,000 will act as a crucial hurdle for the index. Any sustainable move above the 26000 will lead to an upside rally up to the 26,150 level.

The banking benchmark index, Bank Nifty, slipped below its 20-day EMA at the opening but managed to close the session above this key level. On the daily chart, it has formed a bullish candle with a minor upper shadow, indicating some buying interest despite early weakness. Going ahead, the zone of 58,900-58,800 will act as crucial support for the index. While on the upside, the zone of 59,600-59,700 will act as an important hurdle.

Disclaimer: The views and investment tips expressed by 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 decision.

Live: Nifty recovers 100 pts from day's lows in a choppy session; smallcaps shine | Closing Bell

The equity benchmarks recovered part of their early losses on Tuesday as value buying emerged after a sharp fall at the opening. The Sensex recovered about 450 points from the day’s low of 84,382.96, while the Nifty moved above the 25,900 mark, though both indices were still trading in negative territory.

At around 12:20 p.m., the Sensex was down 244.07 points or 0.29 percent to 84,858.62, while the broader Nifty was at 25,911.70, down 48.85 points or 0.19 percent.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/titancompany/TI01">Titan Company</a>, Shriram Finance and ETERNAL were among the top gainers in the Nifty50 pack, rising up to 2 percent, while <a href="https://www.moneycontrol.com/india/stockpricequote/paintsvarnishes/asianpaints/AP31">Asian Paints</a> and Mahindra &amp; Mahindra were among the major laggards, declining up to 4 percent.

Key reasons behind market trimming losses

1) Crude declines: Brent crude, the global oil benchmark, slipped 0.21 percent to USD 62.36 per barrel. Lower crude prices tend to ease concerns over India’s import bill and inflation, which in turn supports sentiment in domestic equities.

2) Value buying at lower levels: In early trade, the Sensex had dropped 633.90 points or 0.74 percent to 84,468.79, while the Nifty fell 211.25 points or 0.81 percent to 25,749.30. All 16 major sectoral indices were in the red. However, bargain-hunting at lower levels helped the benchmarks trim losses as investors looked to accumulate select stocks after the steep initial decline.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-sensex-nifty50-today-9-december-2025-liveblog-13716480.html" target="_blank">Stock Market LIVE Updates</a>

3) Broader markets cut losses: The Nifty Midcap100 had plunged to 58,545.40 — down 2,765.85 points or 4.5 percent from its all-time high of 61,311.25 touched on December 1. The Nifty Smallcap100 fell to 16,782.55, a drop of 2,933.45 points or 14.87 percent from its December 12, 2024 peak of 19,716. By noon, both indices had pared losses and were trading in the green, offering additional support to overall market sentiment and aiding the recovery in the frontline indices.

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.

Sensex recovers 450 pts from day's low, Nifty above 25,900: 3 key reasons behind market trimming losses

The equity benchmarks recovered part of their early losses on Tuesday as value buying emerged after a sharp fall at the opening. The Sensex recovered about 450 points from the day’s low of 84,382.96, while the Nifty moved above the 25,900 mark, though both indices were still trading in negative territory.

At around 12:20 p.m., the Sensex was down 244.07 points or 0.29 percent to 84,858.62, while the broader Nifty was at 25,911.70, down 48.85 points or 0.19 percent.

Titan Company, Shriram Finance and ETERNAL were among the top gainers in the Nifty50 pack, rising up to 2 percent, while Asian Paints and Mahindra &amp;amp; Mahindra were among the major laggards, declining up to 4 percent.

Key reasons behind market trimming losses

1) Crude declines: Brent crude, the global oil benchmark, slipped 0.21 percent to USD 62.36 per barrel. Lower crude prices tend to ease concerns over India’s import bill and inflation, which in turn supports sentiment in domestic equities.

2) Value buying at lower levels: In early trade, the Sensex had dropped 633.90 points or 0.74 percent to 84,468.79, while the Nifty fell 211.25 points or 0.81 percent to 25,749.30. All 16 major sectoral indices were in the red. However, bargain-hunting at lower levels helped the benchmarks trim losses as investors looked to accumulate select stocks after the steep initial decline.

Stock Market LIVE Updates

3) Broader markets cut losses: The Nifty Midcap100 had plunged to 58,545.40 — down 2,765.85 points or 4.5 percent from its all-time high of 61,311.25 touched on December 1. The Nifty Smallcap100 fell to 16,782.55, a drop of 2,933.45 points or 14.87 percent from its December 12, 2024 peak of 19,716. By noon, both indices had pared losses and were trading in the green, offering additional support to overall market sentiment and aiding the recovery in the frontline indices.

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.

2 out of 4 years NIFTY INDIA MFG has given negative returns in December.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	15,165.10	15,350.85	15,466.95	15,049.00	14,863.25	14,747.15	14,561.40
Fibonacci	15,164.31	15,235.54	15,350.85	15,049.00	14,933.69	14,862.46	14,747.15
Camarilla	15,007.02	15,034.69	15,062.36	15,049.00	14,951.68	14,924.01	14,896.34

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