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šŸš€ Nifty50 finds support at 25.7K, IT slips, PSU Banks gain: Top movers & key levels to watch!

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Team SAHI

13 hours ago•5 min read
Nifty 25,839.65 ā–¼ -0.47%
Sensex 84,666.28 ā–¼ -0.51%
Bank Nifty 59,222.35 ā–¼ -0.03%

A rough start to the week: Market slips off highs. Today’s session looked weak at the open, but sentiment improved through the day as Financials helped shape a recovery. Mid-caps and Small-caps outperformed and the NSE A/D ratio at 2:1 showed a clear buying appetite beneath the surface.

Technically: Nifty defended its 50-DEMA at 25,728, which now becomes the key anchor for the next session. A slip below it opens a path to 25,500–25,550; staying above keeps 26,050 in view. Bank Nifty must defend 58,800 to avoid a slide toward 58,350 and then 58,000, while 59,400 remains the near-term resistance.

Key levels to watch for Dec 10, 2025

Index Support Resistance
Nifty 25,720 & 25,650 25,950 & 26,050
Bank Nifty 58,800 & 58,650 59,350 & 59,550
Sensex 84,400 & 84,000 85,050 & 85,350

Sectoral snapshot

IT weighed on the market ahead of the Fed decision. PSU Banks led the gains, rising 1.29%. Other laggards included Autos, Pharma and parts of Financial Services.Ā 

The real action came from individual names. Kaynes Technology gained 13.76% after a positive brokerage note. Delhivery gained nearly 4.33% on launching ā€œDelhivery Internationalā€ for MSMEs.

IndiGo broke the losing streak as its CEO said operations had stabilised. On the softer side, Coforge slipped 3.99% on weaker CY26 Tech-spending commentary, and Hero MotoCorp fell 2.69% after UBS flagged early-December Market-share pressure.

NIFTY50: Top Gainers
  • ETERNAL ā–² +2.26%
  • TITAN ā–² +2.18%
  • SHRIRAMFIN ā–² +1.49%
NIFTY50: Top Losers
  • ASIANPAINT ā–¼ -4.52%
  • TECHM ā–¼ -1.90%
  • HCLTECH ā–¼ -1.84%

Open Interest insights

Call writers are firmly defending 26,000 (37.72L), while put writing at 25,800 (25.41L) remains weaker. With a PCR-OI of 0.7, the setup points to a call-dominated market, any upside attempts may face strong resistance.

Stocks on the Move

Stock % Gain / Loss What’s happening?
FLUOROCHEM +5.05% Rebounding from triangle pattern support at 3,220; resistance near 3,675
TMCV +3.54% Narrow range breakout; trading near 52-week high
CGPOWER +3.19% Buying emerging from Golden Ratio zone; support at 635
CHOLAHLDNG +3.09% Consolidating in a volatility contraction; breakout trigger near 1,955
COFORGE -3.99% Rejected from the 1,990–2,000 resistance zone

News you can use

  • IndiGo CEO says operations are stable.
  • Delhivery launches ā€˜Delhivery International’ Economy Air Parcel service for affordable global exports.
  • Swiggy’s ₹10,000 crore QIP opens today; floor price set at ₹390.51.
  • PhysicsWallah reports 70% YoY profit growth for Q2 FY26 to ₹69.7 crore; revenue up 26% to ₹1,051.2 crore; adjusted EBITDA ₹269.7 crore.
  • Adani Enterprises ₹25,000 crore rights issue is 82% subscribed ahead of tomorrow’s closing.

Chart of the day: POLICYBZR (Weekly TF)

Spotted: Flag & pole

Structure: A strong vertical rally followed by consolidation: a pause, not a reversal.
Validation: Decisive breakout above the flag’s upper boundary with steady momentum.
Trading insight: The trend often resumes strongly, extending by a proportion comparable to the pole’s height.

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