More Stories

Informist, Monday, Dec. 29, 2025

 

By Gopika Balasubramanium

 

MUMBAI – Derivative analysts expect market participants to take a sell-on-rise approach in the near term with the Nifty 50 seen ending at 25900-26100 points on Tuesday, the monthly expiry day. The market sentiment is weak as the US-India trade deal is not yet finalised, with some analysts expecting both the countries to cut a deal during the initial months of 2026.

 

On Monday, the Nifty 50 closed at 25942.10 points, down 100.20 points or 0.4%. In the near term, the index is expected to remain in a range between 25900 points and 26100 points. Analysts see the 50-stock index facing selling pressure at 26000 points, and some see it important for the index to cross and sustain above this level to rise further.  

 

"Call writing was seen at multiple strikes with maximum writing at 26000 strikes alongside with a mix of put unwinding and put addition at multiple strikes," Vipin Kumaar, derivatives and technical analyst at Globe Capital Market, said. "Overall options data indicating negative but slightly oversold positions hinting towards a sell-on-rise approach." Immediate supports are at 25875-25850 spot levels and resistance around 26050 spot levels, Kumaar said. 

 

Premiums on call options at 26000-26500 strikes expiring next week, which are up to 2% higher than the spot level, fell 35-52% and those on put contracts 25900-25500 rose 17-38%. The highest addition of open interest for call contracts was at 26000 strike and those for put options was at 25300. The maximum concentration of open interest was at 26000 for both call and put contracts.

 

--Nifty 50 December closed at 25955.80, down 104.40 points; 13.70-point premium to the spot index
--Nifty 50 January closed at 26119.00, down 115.50 points; 176.90-point premium to the spot index
--Nifty 50 February closed at 26265.00, down 104.10 points; 322.90-point premium to the spot index

 

HDFC Bank, Reliance Industries, ICICI Bank, Vodafone Idea, Vedanta, Dixon Technologies (India), Bharti Airtel, Hindustan Zinc, Infosys, Tata Steel, Eternal, Tata Consultancy Services, Coforge, Axis Bank, Hindalco Industries, ITC, Shriram Finance, JSW Steel, Adani Enterprises, State Bank of India, and NMDC were the most actively traded underlying stocks Monday.  End

 

Edited by Tanima Banerjee

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.