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Informist, Tuesday, Dec. 30, 2025

 

By Anshul Choudhary

 

MUMBAI – Options data showed the Nifty 50 is likely to move in a thin range Wednesday amid a lack of triggers. Traders sold call and put options on Tuesday, indicating indecisiveness as the market awaits the December quarter earnings and developments around the US-India trade deal.

 

Analysts expect companies to show better earnings growth in the December quarter compared with what was reported in the first two quarters of the current financial year. Benchmark indices have risen over 5% in the last three months on hope of better earnings growth ahead.

 

However, indices have been facing selling pressure at higher levels since the Nifty 50 index hit fresh lifetime high earlier this month. Options data showed investors are likely to book profits at higher levels, at least till companies start reporting their December quarterly earnings.

 

For put contracts expiring next week, the highest open interest was at 26000 strike price, followed by 25900 strike price. It points to expectations of only minor fall in the market with the Nifty 50 likely to find support at 25900 points, just 40 points below the current level. Even if the index falls below 25900 points, the next support is seen at 25800 points, which is 0.5?low the current level.

 

Positions in call options also indicated traders expect only a slight fall in the market. Traders bought in-the-money call options below 25750-strike price, indicating the Nifty 50 is likely to stay above this level. However, traders sold out-of-the-money and at-the-money call options, suggesting the Nifty 50 may continue to face resistance at 26000-26100 points.   

 

--Nifty 50 January closed at 26135.00, up 13.70 points; 196.15-point premium to the spot index
--Nifty 50 February closed at 26276.80, up 11.40 points; 337.95-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 Tuesday.  End

 

Edited by Tanima Banerjee

 

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