📈 DAILY MARKET UPDATE
🇮🇳 INDIAN MARKET 23 Dec 2025
✔️ Nifty Levels:
Close: 26,172 (+206)
Immediate Resistance: 26,200
Major Resistance: 26,326 (AllTime High)
Key Support: 26,047
Next Support: 25,993 (Gap fill area)
👉 View: Bullish above 26,047. Profit booking below this level.
✔️ Bank Nifty:
Close: 59,304 (+235)
Strong momentum with short covering
Support near 59,000, resistance near 59,600
✔️ FIIs & DIIs:
FII Cash: –₹457 Cr (Outflow continues)
Monthly FII outflow around ₹8,985 Cr
Despite selling, derivatives positioning turned positive
✔️ Sector Trend:
Top Gainer: Nifty IT (+2.1%)
Only Loser: Consumer Durables (–0.2%)
Strong Stocks: Solar Industries (+6%)
Weak Stock: Cholamandalam Inv. & Finance (–3.8%)
✔️ Volatility:
India VIX: 9.68
Very low volatility → supports trend trading
✔️ Options Data (Very Important):
Nifty PCR: 1.42 (Strong support by Put writers)
Bank Nifty PCR: 0.87
OI Support: 26,000
OI Resistance: 26,300
Futures OI:
Nifty OI ↓ 1.9%
Bank Nifty OI ↓ 4.3%
➡️ Indicates short covering rally
✔️ Stock Setups to Watch:
IT stocks (momentum buying)
Solar stocks (strong continuation)
Avoid weak finance names for intraday longs
🌍 GLOBAL MARKET (Cues for Today)
✔️ US Markets:
S&P 500: +0.60%
Dow: +0.47%
NASDAQ: +0.52%
➡️ Positive global sentiment
✔️ Asian Markets:
Nikkei 225: +0.18%
AsiaPacific Index: +0.37%
➡️ Supportive for Indian open
✔️ Crude Oil:
WTI: $57.74 (+2.5%)
Rise due to geopolitical supply concerns
✔️ Dollar Index:
Stable; Rupee closed near 89.65
✔️ Volatility Index (VIX US):
Stable → riskon sentiment continues
✔️ Commodities:
Gold: $4,438 (+2.3%, record high)
Safehaven buying on ratecut expectations & geopolitics
Technical target near $4,500
🎯 QUICK SUMMARY (For Voice / Reel)
Good morning traders.
Global markets are positive with strong US and Asian cues.
Indian markets showed a powerful bullish move with short covering.
Nifty is holding above 26,000, which is a strong support zone.
As long as Nifty stays above 26,047, upside towards 26,200–26,300 is possible.
IT and Solar stocks are leading, volatility is very low, and options data supports further upside.
Trade with trend, keep strict stoploss, and avoid overtrading.