Share Market Live Updates 26 December 2024: Indian benchmark indices, Sensex and Nifty, are set for a flat to positive opening, influenced by a lack of global cues as many markets remain closed. With monthly contract settlements on the NSE today, individual stocks may experience heightened volatility. Analysts suggest a cautious stance is advisable amid ongoing foreign institutional investor (FII) selling pressure. From a technical perspective, Nifty is consolidating between 23,600 and 23,900, with critical resistance at 24,000 and support at 23,500. A decisive breakout above 24,000 could lead to gains towards 24,200 and 24,400, while a dip below 23,550 might push the index further down to 23,400 and 23,250. Open interest data highlights this range-bound market, indicating traders should stay alert for potential directional clarity after a breakout or breakdown.
