GIFT Nifty up 60 points; here's the trading setup for today's session

Indian equity markets closed the calendar year 2025 with the Nifty gaining 10%, marking a year of gradual recovery. After a phase of consolidation in 2025, analysts expect markets to deliver steady growth in 2026, supported by a recovery in corporate earnings, a gradual revival in private sector investment and support from recent and forthcoming government policy measures.

STATE OF THE MARKETS
GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 59.50 points, or 0.23 per cent, at 26,335, signaling that Dalal Street was headed for a positive start on Thursday.

• Tech View: However, the index is still trading in a sideways trend and needs to sustain above its 20-day SMA to confirm strength. The follow-up session will be crucial. Support is placed at 59200, with resistance at 59750, while positional support lies at 59000 levels.
• India VIX: India VIX, which is a measure of the fear in the markets, fell 2.09% to settle at 9.48 levels.

US stocks end lower
Wall Street's major indexes ended lower in the final trading session of 2025, ⁠but notched big annual gains after a roller-coaster year dominated by President Donald Trump's tariff uncertainties and a euphoria around AI-focused stocks.

• Dow down 0.63%,
• S&P 500 dips 0.74%,
• Nasdaq falls 0.76%

Stocks in F&O ban today
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.

FII/DII action
Foreign portfolio investors net sold shares worth Rs 3,597 crore on Wednesday. DIIs, meanwhile, were net buyers at Rs 6,758 crore.

Rupee
The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.

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