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🚀Nifty’s back above 26K: What’s the next move? HINDZINC jumps 7.5%, Inflation update & full weekly wrap inside!

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Team SAHI

1 week ago

Nifty: 26,046.95 ▲ +0.57%
Sensex: 85,267.66 ▲ +0.53%
Bank Nifty: 59,389.95 ▲ +0.30%

Market Today: Nifty hits 26K as sentiment favours Bulls!

Nifty50 opened with a gap up, handled early volatility well, and stayed above its intraday lows long enough to confidently cross 26,000 again. The market breadth painted a healthy picture with an A/D ratio of 2:1.

Technically, Nifty retook its 20-EMA with trailing support now at 25,950, and Sensex is inching toward an important ceiling at 85,400. Bank Nifty held stable throughout the week with a consolidation on the chart, wherein a breakout above the 59,550–59,600 zone might open the bulls’ gateway.

Key Levels to Watch – December 15, 2025

Index Support Resistance
Nifty 25,950 & 25,850 26,100 & 26,200
Bank Nifty 59,250 & 59,050 59,600 & 59,850
Sensex 85,000 & 84,750 85,500 & 85,750

Sector & Stock Moves: What held up & what cracked?

Sector-wise, except for FMCG, every major index finished in the green, with Metals and Realty at the front of the pack. Nifty’s top gainers saw strong cash market buying. Hind Zinc extended its recent run, Bandhan Bank and Vodafone Idea added too, and SRF followed suit.

Stock-specific action also added to the energy of the day: JSW Energy climbed after approving a ₹10,000 crore QIP, NBCC gained on fresh orders from NALCO and SAIL, and L&T and Thermax were upbeat on brokerage notes.

NIFTY50: Top Gainers

  • HINDALCO ▲ +3.37%
  • TATASTEEL ▲ +3.31%
  • ETERNAL ▲ +2.44%

NIFTY50: Top Losers

  • HINDUNILVR ▼ -1.95%
  • SUNPHARMA ▼ -0.76%
  • ITC ▼ -0.69%

Open Interest Insights

Put writers are stacked at 26,000 (92.27L) and 25,900 (49.72L), while calls saw unwinding at 26,100 with fresh writing only at 26,200 (13.69L). The PCR-OI currently stands at 1.1.

What does this positioning mean? A positive tone, indicating firm downside support and relatively lighter resistance on the upside.

Stocks on the Move

Stock % Gain/Loss What’s happening?
HINDZINC +7.46% Strong weekly breakout with solid volume as Silver hits fresh highs
HINDCOPPER +7.07% Broadening pattern continuation confirmed after clean re-test
BPCL +3.91% Follow-through buying as stock rebounds from pullback support
BHEL +3.13% IH&S breakout with re-test strengthens bullish structure
POLICYBZR -1.17% Cooling off after a run-up; key support at 1,872

News You Can Use

  • India’s retail inflation rose to 0.71% in November from 0.25% in October.
  • JSW Energy approves fundraise of up to ₹10,000 crore via QIP.
  • NBCC secures orders of ₹256 crore (NALCO) and ₹33 crore (SAIL).
  • IOC approves dividend of ₹5 per share for FY26.

Chart of the Day: NMDC (Weekly TF)

Spotted: Flag & Pole

Structure: Impulse move followed by consolidation, indicating a pause—not a reversal.

Validation: Breakout above the flag’s upper trendline with steady momentum confirms continuation.

Trading Insight: A trend continuation pattern—once breakout hits, price typically resumes and accelerates with the prevailing trend.

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