Sensex Today | Stock Market LIVE Updates: Nifty may open below 26,000; Federal Bk target price raised by UBS

Sensex Today | Stock Market LIVE Updates: The Nifty closed above the 26,000 mark on Friday and the bulls will be pleased that it closed at the highest point of the day. 26,200 on the upside has been a barrier for the index2025 has 12 trading sessions left and the Nifty bulls are trying to ensure that the index returns at least low double digits on a year-to-date basis, marking the 10th straight year of positive returns. As the year draws to a close, cues will be minimal and participation will be lower, leading to lower volumes. As a result, there are chances of exaggerated moves on either side.The Nifty closed above the 26,000 mark on Friday and the bulls will be pleased that it closed at the highest point of the day. 26,200 on the upside has been a barrier for the index, and the December 5 high of 26,202 will be the first hurdle to cross for the bulls before making another attempt at record levels.For now, the 20-DMA just above 26,000 and the 50-DMA around 25,700 has become the trading range for the index. The broader markets have staged a rebound in the last two sessions and it remains to be seen whether that sustains.Watch for IT stocks after the unwinding on the Nasdaq last Friday, while names like Aurobindo, Paytm, Vodafone Idea, will also be in focus.Watch this space for all the live updates.

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