New F&O rules on Pre-Open and Auction starting today – Daily Market Update 8th Dec 2025

Benchmark Nifty index ended higher at 26186 spot levels after adding 153 points to its previous closing values.

Performance on the broader front was mix. Amongst them, Mid cap index traded in line with the benchmark while small cap ended lower, down 0.57%.

Majority of sectoral indices ended higher. Amongst them, PSU Bank index, Financial Service index ended higher, gained 1.51% & 1% respectively.

Nifty index is trading in a tight range of some 400 odd points. We continue to uphold our buy on dips trading approach as long as it is holding above 25800 spot levels on closing basis. Cross and sustenance above 26320 spot levels will strengthen up the bullish the sentiments. Intraday supports are placed around 26050-25980 spot levels and resistances 26280-26325 spot levels.

Derivatives Overview & Outlook

Last Friday, all index futures moved norththward on short covering as Nifty, Banknifty, Finnifty and Midcapnifty futures shed 1.9%, 7.7%, 1.4% and 2.6% of open interest respectively.

Majority of the sectoral indices ended on a positive note. Amongst them Capital Goods, Cement and Infrastructure stocks witnessed maximum addition of short position whereas some short covering was seen in FMCG stocks.

On the option front, put writing was seen at multiple strike implying multiple supports on the lower side. Maximum positions are at 26500 CE followed by 27000 CE and 26000 PE closely followed by 25900 PE. These Option stats suggesting to adopt a buy on dip trading strategy.

Institutional Trading Activity

Last week, FIIs sold stocks worth Rs 8769 Cr in the cash segment, bought stocks futures worth Rs 3875 Cr and sold index futures worth Rs 6553 Cr. DIIs were net buyers in the cash segment to the tune of Rs 19785 Cr during last week.

Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels

Nifty – Resistances 26400-26500; Supports 26250-26150

Banknifty – Resistances 60250-60600; Supports 59700-59300

Finnifty – Resistances 28170-28250; Supports 27850-27700

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