Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 26, 2025 are Lloyds Metals and Energy, and Kotak Mahindra Bank. Here’s its view on Nifty and Bank Nifty:Index View: NiftyBenchmark indices extended their phase of consolidation for the fourth consecutive week, reflecting a period of digestion after the recent uptrend. During the previous week, the Nifty traded within a defined range but maintained a positive bias, ultimately closing near the 26,150 mark. The recovery during the week was largely supported by favourable global cues, as softer-than-expected US inflation data boosted global risk sentiment and encouraged buying interest across equities.Looking ahead, we anticipate the Nifty to continue consolidating within the broader range of 25,700–26,300 in the near term. The index remains at an important juncture, and a decisive move beyond this range is likely to set the tone for the next directional trend.A sustained breakout above 26,300 on a closing basis would be a key technical trigger, potentially opening the door for further upside towards the 26,500 zone in the coming sessions.On the downside, immediate support is placed near the 26,000 level, which coincides with Monday’s gap-up area and may act as a short-term demand zone. Below this, a strong support band exists in the 25,700–25,800 range, aligning with the 50-day exponential moving average (EMA), the lows of the past two weeks, and an important retracement level of the prior uptrend. Holding above this support zone will be critical to preserve the positive momentum built over the last three months and maintain the broader bullish structure.NIFTY BANKBank Nifty traded in a range, digesting its recent strong gains. The index consolidated in a 1500 points range in the last 4 weeks, oscillating in a positive and negative territory.We expect the index to extend consolidation and form a base in the range of 58500-60100 in the coming weeks. A strength above last week’s high of 59,533 will open further upside towards 60,400 levels in the coming weeks.The entire up move of the last 2 months is well channeled, signaling sustained demand at elevated levels. Key support is placed at 58,300-58,600 levels, being the confluence of the 50 day EMA and recent breakout area. Holding above the support area will keep the short-term bias positive.
Stock Recommendations:
Lloyds Metals and EnergyBuy in the range of ₹ 1340-1380
Lloyds Metals and Energy has delivered a clear breakout above the falling channel that had contained prices over the past six months. This move signals a reversal of the corrective trend and highlights a renewed bullish setup, opening up a fresh entry opportunity from a positional perspective.Going forward, we expect stocks to maintain a positive bias and gradually move toward the ₹1,523 level, which corresponds to the 80% Fibonacci retracement of the broader decline from ₹1,612 to ₹1,170Kotak Mahindra BankBuy in the range of 2140-2180
Kotak Mahindra Bank has recently witnessed a decisive breakout above its prolonged 5-year consolidation range of ₹1,600–₹2,000, marking a clear improvement in its long-term price structure. This breakout indicates a structural turnaround following an extended phase of sideways movement and reflects strengthening momentum along with renewed investor confidence.Going ahead, the stock is likely to maintain a positive bias and gradually trend higher over the next year. Based on the measured move implication of the 5-year range breakout (₹2,400–₹2,000), we expect Kotak Mahindra Bank to advance toward the ₹2,400 level, making the broader outlook constructive from a medium- to long-term perspective.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
