Indian equity benchmarks staged a strong recovery on Friday, December 19, 2025, breaking a four-day consecutive decline. The rally was fueled by a combination of value buying, renewed foreign institutional investor (FII) interest, and a recovery in the Indian rupee.
Benchmark Indices Stage a Comeback
The S&P BSE Sensex climbed 0.53% to settle at 84,929.36 points, a significant jump from its previous close of 84,481.81 points. Similarly, the broader Nifty 50 index advanced 0.58% to close at 25,966.40 points, up from 25,815.55 points. Data from the exchanges confirmed the positive sentiment that swept through Dalal Street during the day's session.
Analysts' Take on Nifty's Path Ahead
Market experts noted a constructive formation on the charts. Analysts from Bajaj Broking pointed out that the Nifty 50 formed a bullish candle, indicating a positive shift from the recent pullback. They anticipate the index to continue its consolidation within a broad range in the coming truncated week.
"In the coming truncated week, the index is likely to extend the last three weeks' consolidation in the broad range of 25,700-26,200. A clear breakout or breakdown will determine the next directional move," the analysts stated.
They identified the immediate resistance at last week's high of 26,050 points. A sustained move above this level could push the index towards 26,200-26,300. On the downside, key support is placed in the 25,700–25,800 zone, which aligns with recent lows and the 50-day exponential moving average (EMA).
Top Performing Penny Stocks of the Week
Amid the broader market recovery, several penny stocks witnessed spectacular gains, delivering hefty returns to investors over the last five trading sessions.
1. TV Vision Ltd (TVVISION): The stock emerged as the top gainer, soaring 44% in just one week. It closed at ₹11.50 on Friday. The stock has delivered a staggering 94.46% return over the past month and has gained 435% in the last five years.
2. PMC Fincorp Ltd (PMCFIN): Shares of PMC Fincorp provided a 40% return this week, ending at ₹2.11. While it has risen 296% over five years, the stock is down 40% on a year-to-date (YTD) basis for 2025.
3. Millennium Online Solutions (India) Ltd (MILLENNIUM): Despite closing 8.40% lower on Friday at ₹2.40, the stock clocked a 33% gain over the week. It has appreciated by 27% in one month and 263% over five years.
4. OK Play India Ltd (OKPLA): This stock gave investors approximately 28% returns in the past week, though it closed slightly lower on Friday at ₹8.13. Its five-year gain stands at an impressive 323%.
5. Ashiana Agro Industries Ltd (ASHAI): Rounding off the list is Ashiana Agro, which jumped 27% this week to close at ₹10.24. The stock is up 39% in a month and has skyrocketed 414% in the last five-year period.
The market's rebound highlights the underlying resilience and the search for value at lower levels. Investors are advised to monitor the identified support and resistance levels closely for the Nifty's next major move.
