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Nifty Holds Above 26,100 as Markets Reopen After Christmas Break
Nifty opened above 26,100 in thin year-end trade, holding key support levels while facing strong resistance near 26,200 amid muted global participation.
Indian equity markets resumed trading after the Christmas holiday with the Nifty opening above the 26,100 mark, even as overall participation remained muted due to global market closures. The benchmark index has been struggling to decisively cross the 26,200–26,250 resistance zone, which led to a snap of its three day winning streak in the previous session. Despite ending Wednesday at the day’s lows, technical structure remains constructive, with higher highs and higher lows still intact.