Indian markets are expected to open positive today (Dec 24, 2025), with Nifty holding above 26,150 and Bank Nifty showing resilience. Gold remains near record highs above $4,380, crude oil is weak around $58–62 due to oversupply, and the US Dollar Index (DXY) is soft near 98, reflecting global risk-on sentiment. IT, Metals, and Chemicals are leading sectors, while Consumer Durables may consolidate. Traders should adopt a buy-on-dips strategy with strict stop-losses.
📈 Nifty & Bank Nifty Outlook
- Nifty 50
- Support: 26,050; deeper support at 25,875–25,950
- Resistance: 26,325; profit-booking zone 26,200–26,325
- Sentiment: Bullish momentum supported by foreign inflows and stronger rupee
- Bank Nifty
- Support: 58,500; strong buy zone 58,650–58,800
- Resistance: 60,100; profit-booking zone 59,600–59,800
- Sentiment: Resilient, financial sector strength continues
🪙 Gold (XAUUSD)
- Trading near $4,380–4,411, a new all-time high
- Trend: Strong bullish breakout fueled by Fed pause expectations and dollar weakness
- Resistance: $4,450–4,500
- Support: $4,350
🛢️ Crude Oil
- Brent: ~$60.5–62.2 per barrel
- WTI: ~$57.9 per barrel
- Trend: Bearish due to oversupply; support at $58.5, resistance at $64
- Sentiment: Weak demand outlook into 2026; corrective rebounds possible but capped below $64
💵 US Dollar Index (DXY)
- Trading near 97.9–99.5, down ~9% YoY
- Trend: Weakness continues as Fed rate cut bets grow
- Support: 97.8
- Resistance: 99.6
- Sentiment: Softer dollar supports commodities and emerging markets
Popular topics to explore
RELIANCE
#FundamentalViews
513 likes·44 comments

















