Benchmark Nifty closed lower last week as analysts flagged 23,800 as a key resistance level. They expect continued range-bound movement this week between 23,800 and 23,200.

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India's benchmark Nifty index continues to trade in a narrow range amid mixed analyst signals. A bullish market structure remains in place even as resistance levels cap gains.

In early trade on Tuesday, the BSE Sensex rose 564.63 points to 82,790.45, while the NSE Nifty gained 167 points to 25,591.65. The rally was led by IT stocks including HCLTech, Infosys, and TCS, with both indices up over 0.5% as of 9:28 am.

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India's benchmark stock indices opened lower on December 16, 2025. The Sensex declined by 300 points at the opening bell, while the Nifty fell below the 26,000 mark. Shares of Eternal dropped 3 percent amid the downturn.

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