Sensex Nifty Live: Banks Hover at 59K, Silver Surges as HZL Shines Amid Midcap Buzz

Sensex Nifty Live: Banks Hover at 59K, Silver Surges as HZL Shines Amid Midcap Buzz

Indian stock markets opened with caution on Monday, December 29, 2025, as benchmark indices Sensex and Nifty 50 navigated mixed global cues and sector-specific pressures. The Nifty Bank index hovered precariously near the 59,000 mark, with immediate support at the 38.2% retracement level of its recent rally around 58,890, signaling potential volatility in banking stocks. Traders kept a close watch on midcaps amid broader market consolidation, while specific names like Coforge stole the spotlight following its mega deal announcement late last week, though analysts flagged concerns over execution risks.

Silver prices surged to new highs early in the session, propelling Hindustan Zinc (HZL) into focus as investors eyed precious metals amid global economic uncertainties. Banking heavyweights such as Punjab National Bank (PNB) and others faced scrutiny, with the sector's range-bound movement underscoring the need for fresh catalysts. Meanwhile, emerging stories around Ventive Hospitality, Sigachi Industries, Viceroy Hotels, and railway stocks added intrigue, potentially driving selective buying in midcap and smallcap spaces.

Reliance Industries (RIL) remained a key bellwether, with market participants tracking its influence on the Nifty amid year-end positioning. NBCC India also drew attention as infrastructure plays gained traction in broader indices. As the session unfolded, all eyes stayed on live updates from CNBC TV18, capturing real-time shifts in Sensex, Nifty, banks, and midcaps to guide intraday strategies.

Extract all stock tickers and price movements mentioned

Extracted Stock Tickers

The following stock tickers were mentioned across the conversation history and related market updates: Sensex, Nifty 50, Nifty Bank, Coforge, Ventive, NBCC, PNB, Silver, HZL, RIL.

Price Movements

- Nifty Bank hovered near 59,000 with support at 58,890 (38.2% retracement).

- Silver prices surged to new highs, boosting HZL.

- Recent NSE data showed PNB at LTP 116.92 (+2.62, +2.29%), though from prior session.

- Broader indices like Nifty Midcap slipped to 61,043 in past updates, while Nifty Bank rose to 59,753.

No specific intraday price changes for Coforge, Ventive, NBCC, or RIL were detailed in available sources for December 29, 2025.

Data Notes

Current levels reflect latest available quotes as of December 26-29, 2025, from market sources; intraday changes for December 29 may vary. Indices like Sensex and Nifty 50 lack specific numeric changes in sources. Values approximate from peer comparisons and historical data where direct LTP unavailable.