Background

Sell-off Drags Nifty50 Below 26,050 as Caution Sets In

Author Image

Team SAHI

1 month ago

Nifty: 26,042.30 ▼ -0.38%
Sensex: 85,041.45 ▼ -0.43%
Bank Nifty: 59,011.35 ▼ -0.29%

Market Today: Caution sets in as Nifty50 breaks below 26,050, What’s next?

The Nifty breached its 20-DEMA intraday, weighed down by selling pressure in IT and Auto stocks. Market breadth remained weak, with the NSE advance-decline ratio at 1:2.

On the weekly chart, Nifty formed a long upper-wick candle, highlighting strong supply at higher levels. Bank Nifty is now approaching its previously discussed demand zone near 58,650–58,800, while Sensex mirrors Nifty’s structure.

Holding above key support levels will be critical. A failure to do so could shift the indices into a time-wise corrective and consolidation phase.

Key Levels to Watch for December 29, 2025

Index Support Resistance
Nifty 25,965 & 25,880 26,100 & 26,180
Bank Nifty 58,800 & 58,650 59,100 & 59,275
Sensex 84,750 & 84,500 85,350 & 85,500

Sector & Stock Moves: Where was the action?

IT and Auto stocks led the decline, with Coforge slipping 3.71% ahead of a proposed fundraising meet and the potential acquisition of Encora. Metals and FMCG were the only sectors in green.

Railway stocks stood out on the upside, with RVNL jumping 12.22% as revised passenger fares came into effect.

Titan topped the Nifty gainers, rising 2.12% ahead of the launch of its lab-grown diamond store, while Dilip Buildcon gained 2.39% on multiple order wins exceeding ₹5,000 crore.

NIFTY50: Top Gainers

  • TITAN ▲ +2.12%
  • NESTLE ▲ +1.02%
  • HINDALCO ▲ +0.98%

NIFTY50: Top Losers

  • ASIANPAINT ▼ -1.40%
  • SHRIRAMFIN ▼ -1.38%
  • TECHM ▼ -1.18%

Open Interest Insights

Aggressive call writing at 26,100 (1.22 Cr) and 26,200 (68.17L) highlights a well-defined resistance zone, while limited put additions keep the PCR-OI subdued at 0.7.

What does this mean? It reflects cautious sentiment, where traders are positioning for a corrective move rather than an immediate directional trend.

Stocks on the Move

Stock % Gain / Loss What’s happening?
RVNL +12.22% Double bottom breakout supported by railway fare revisions and rising Budget optimism
HINDCOPPER +8.95% Trading near a 15-month high after base breakout, driven by global copper prices
GMDC +7.94% Daily breakout above the 555 zone backed by strong volumes
NBCC +5.08% Structural breakout after reclaiming 120, with scope to test 130
IEX -2.72% Supply pressure dragging the stock toward the lower end of its range near 132

News You Can Use

  • Bondada Engineering bags ₹391 crore order from NTPC Green Energy.
  • Colgate receives ₹268 crore tax demand order for FY 2021–22.
  • Dilip Buildcon secures ₹3,400 crore EPC project LoA from Adani Road Transport.

Chart of the Day: TITAN (Daily Timeframe)

Spotted: Rounding base

Structure: Price forms a smooth, rounded base, indicating gradual accumulation as selling pressure fades.

Validation: A breakout above the neckline, ideally with volume support, confirms trend continuation.

Trading Insight: A classic continuation setup where sustained accumulation often leads to strong follow-through.

All topics

IPOProduct UpdatesMarket UpdatesOptions 101Option Strategy 101Stocks 101ChartsTrading 101

Over 1 Million Downloads

Built by
experienced traders & technologists

Backed by
the investors of world leading companies

acccl.pngelevation.png
Footer Graphic
Aaritya Broking Private Limited
3rd Floor, Brigade Metropolis,
Summit B, Whitefield,
Bangalore, Karnataka – 560048



Aaritya Broking Private Limited
CIN: U66120KA2023PTC180274
Aaritya Technologies Private Limited
CIN: U62091KA2023PTC175489

Company

Products

Platforms

Useful Links

Risk disclosures on derivatives -

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.

Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost. ATTENTION – A note from the Regulators for Investors

  • Stock brokers can accept securities as margin from clients only by way of pledge in the depository system, with effect from Sept 1, 2020.
  • Update your mobile number and email ID with your stock broker/depository participant and receive OTP directly from depository on your email ID and/or mobile number to create pledges.
  • Pay 20% upfront margin of the transaction value to trade in the Cash market segment.
  • Investors may please refer to the Exchanges’ (NSE and BSE) Frequently Asked Questions (FAQs), issued vide circular reference NSE/INSP/45191 and 20200731-7 dated July 31, 2020; NSE/INSP/45534 and 20200831-45 dated Aug 31, 2020; notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated Aug 31, 2020; and other guidelines issued from time to time in this regard.
  • Check your Securities/MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.

SEBI Stock Broker Registration No: INZ000317632 | Depository Participant (CDSL) ID: IN-DP-780-2024 | Registration Number of the Research Analyst: INH000022172
Exchange Membership No: NSE: 90375 | BSE: 6867

Registered Office: Aaritya Broking Private Limited, 3rd Floor, Brigade Metropolis, Summit B, Whitefield, Bangalore, Karnataka – 560048, Contact Number - 080-47092788.

In case of grievances for any of the services rendered by Aaritya Broking Private Limited, please write to grievance@aaritya.com (for NSE and BSE) or dpgrievance@aaritya.com (for CDSL Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Vaibhav Satalkar and Contact Number: 080-470-92788

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign the application form to authorise your bank to make a payment in case of allotment. No worries for a refund as the money remains in the investor's account.

"Prevent Unauthorised Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day - Issued in the interest of investors."

Important Links: SEBI | BSE | NSE | CDSL | SCORES | ODR Portal | Investor Charter for Stock Brokers | Investor Charter for DP | UCC Advisory – KYC Compliance | e-Voting for Shareholders | KYC document in Vernacular Language – NSE | BSE | Account Opening Procedure | Filing a complaint | SCORES – Easy & quick | Research Disclaimer

Important Information: Policies and Procedures | Terms & Conditions | Anti Money Laundering Policy | RMS Policy | Filing complaints on SCORES - Easy & quick | KYC (Trading + DP account) | Complaints Disclosure | Bank A/c Disclosure | Key Managerial Personnel | Investor Risk Reduction Access (IRRA) | Saarthi 2.0 Mobile | Surveillance Policy | GTT and GTC order facility | Most Important Terms and Conditions (MITC) 

All Rights Reserved | © Copyright 2026