Stock Market: Indian stock market opened in green on the last day of the year, great rise in metal stocks.

Mumbai, 31 December. On Wednesday, the last trading day of the calendar year 2025 and the third trading day of the week, the Indian stock market opened in the green and major benchmarks saw good gains. Till the time of writing the news in the initial trading session, the 30-share BSE Sensex was trading at the level of 84,890 with a rise of 215 points or 0.25 percent.

Whereas NSE Nifty was seen trading at 26,005.80 with a gain of 66.95 (0.26 percent) points. During this period, all the Nifty indices were trading in the green. With this, the Nifty 50 index is moving towards ending the year with gains for the 10th consecutive year. Till now it has increased by about 10 percent.

At the same time, Sensex is up about 8.3 percent this year. Talking about the broader market, the Nifty Midcap 100 index gained 0.58 percent, while the Nifty Smallcap index was up 0.52 percent. If we look at the sector wise, Nifty Metal Index was at the forefront on Wednesday and saw a rise of more than 1 percent.

Apart from this, Nifty Media and Nifty Chemicals were also the growing sectors. Tata Steel, BEL, Trent, Power Grid, Axis Bank, Titan, HUL and NTPC were the top gainers in the Sensex pack. Whereas Bajaj Finserv, TCS, M&M, Bajaj Finance, Eternal and Bharti Airtel were among the top losers.

Research Analyst Akash Shah of Choice Broking said that due to the end of the year on Wednesday, many foreign markets are either closed or running with limited activity, hence the domestic market may see limited trading and less volatility. Asian markets are mixed, while US markets closed with a decline in the last session, due to which there may be a slightly cautious environment in the beginning. Crude oil prices are stable and the rupee also remains stable, keeping the risk of a major fall low.

The expert further said that from a technical point of view, Nifty 50 is currently in a good consolidation phase and the long-term trend is still positive. Immediate support for Nifty lies between 25,750-25,800, while resistance lies near 26,050-26,100. If Nifty stands firmly above this resistance, there may be a possibility of going further to 26,200-26,300. If this does not happen, then the index may keep moving within a limited range only.

He said that Bank Nifty is also in consolidation after the recent rise. Its support is around 58,800-58,900, while resistance is seen between 59,400-59,500. If there is a strong breakout above the resistance, further upside may be seen, while if it slips below, the market may remain sideways. The India VIX index remained near multi-month lows, indicating limited intraday volatility. Overall, in the current situation in the market, the strategy of trading in range and buying on dips is considered better. However, low liquidity can lead to sudden surges, hence it is advisable to set a strict stop-loss while trading.