Nifty 50 Opens Firm: Index Gains 0.28% in Pre-Open Trade

Analysts highlight that the Nifty continues to face resistance around the 26,000 mark, with immediate support seen at 25,700–25,850. The broader sentiment remains cautiously optimistic, as foreign inflows and stable domestic macro indicators provide a cushion. However, traders remain watchful of crude oil price movements and US Treasury yields, which could influence near-term volatility. Market experts suggest that sustained momentum above 26,000 would be critical for further upside.  

Notable updates  
• Nifty 50 index up 0.28% in pre-open trade on Dec 12  
• Gains driven by positive global cues after US Fed rate cut  
• Immediate resistance at 25,950–26,000; support at 25,700–25,850  
• Analysts expect consolidation unless index sustains above 26,000  
• Crude oil prices and US yields remain key external risk factors  

Major takeaway  
The Nifty’s firm pre-open performance signals cautious optimism, with global tailwinds supporting sentiment but resistance at 26,000 likely to test investor conviction.  

Sources: Reuters, LiveMint, NDTV Profit, Moneycontrol