Nifty’s 25,000 hurdle: Bulls see breakout, bears dig in for weekly expiry today

What happened: The Nifty traded near the 25000 mark on Monday, a level it has not convincingly tested since late February, with heavy call writing at the 25000 strike ahead of the weekly expiry. Key numbers: Nifty fell 13% from its 52-week low of 22179.9 on 8 October to 25030.35 on Friday. By noon Monday it was down 0.1% at 24965. Why it matters: Higher call additions suggest option sellers expect the Nifty to stay below 25000. Some analysts see a test of the 26373.20 record high by end 2026, while others flag food inflation and elevated funding costs as risks to earnings.

The Nifty traded near the 25000 mark on Monday, a level it has not convincingly tested since late February, with heavy call writing at the 25000 strike ahead of the weekly expiry.

Higher call additions suggest option sellers expect the Nifty to stay below 25000. Some analysts see a test of the 26373.20 record high by end 2026, while others flag food inflation and elevated funding costs as risks to earnings.