Is Nifty Ready for a Santa Rally This Week?

Market Update

• End of Losing Streak: Nifty concluded its four-day losing streak on Friday.
• Weekly Loss: Gains were insufficient to prevent a 0.3% weekly loss.
• Global Markets: Quiet due to holidays, leading to expected low trading volumes.

Investor Focus for the Week

• Global trends
• Changes in the BSE index
• Foreign and domestic investor activity
• New stock offerings
• Key technical levels
• Rupee's value

Expert Insights

• Resistance Level: Nifty may face resistance near 26,000.
• Breakthrough Potential: Success could trigger short covering.
• Support Level: Seen around 25,700.
• Market Mood: Cautious with low volatility but cautious optimism.

Morning Market Signals

• Global markets showed mixed signals this morning.

Expert Discussion

• Participants:
• Lovisha Darad
• Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives) at Axis Securities
• Anand K Rathi, Co-Founder of MIRA Money

Santa Rally Phenomenon

• Definition: Stock markets tend to rise in the last week of December.
• Uncertainty: Will Nifty follow this pattern? Only time will tell.