Year-End Rush on Dalal Street: Nifty Teases Bulls with 26,350

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Broader market participation lifts Indian equities on the final trading day of 2025, with steel, auto and FMCG stocks powering Nifty toward lifetime-high territory

By S JHA

Mumbai, December 31, 2025 — Indian markets went trending after China reported strong set of manufacturing numbers. China PMI numbers beat the street to send Asian equity markets on rising curves.

Nifty easily sailed through the barriers of 26100 as bulls stormed the markets. The gains in the bourses were led by sharp rise in shares of steel, auto, and FMCG counters.

“On the levels front, the 26000 mark, coinciding with the 20 DEMA, is anticipated to cushion any short-term blips, with sacrosanct support placed near the 50 DEMA (25850-25800), which has recently proved its mettle in restricting the corrective phase,” said Angel One in a post-market commentary shared with clients on Wednesday.

The brokerage firm also stated that “the intermediate hurdle on the higher end for the Nifty at 26200 portrays a critical zone and a sustained breakthrough could only reignite momentum in reclaiming the lifetime highs of 26325 in the forthcoming sessions.”

“Nifty closed December with a minor 73-point loss, thanks to a strong 190-point rebound today, snapping a five-day losing streak. Momentum strengthened, with RSI improving to 56; the January series opened with a long build-up as OI rose over 1%,” added the Delhi-based brokerage firm.

It also stated that “market breadth turned supportive, with a majority of stocks now trading above their 5-, 10- and 20-day EMA levels, showing broader participation.”

(Disclaimer: This article makes no recommendation for buy or sell of shares of any company or trades in derivatives)