
Stocks to buy: Raja Venkatraman's top picks for 29 December
Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)NMDC Ltd: Buy above ₹83 | Stop ₹80 target | ₹89 (multiday)Oberoi Realty Ltd: Buy above ₹1,690 | Stop ₹1,660 | Target ₹1,740 (intraday)LTIMindtree Ltd: Sell below ₹6,020 | Stop ₹6,110 | Target ₹5,850 (intraday)On December 26, 2025, Indian equities extended their losing streak as profit-booking and foreign fund outflows weighed on sentiment. Benchmark indices closed lower for the third straight session, with the Sensex slipping 367 points to 85,041 and the Nifty declining 99.8 points to 26,042, marking its second consecutive day of losses.
The weakness was broad-based, as the BSE Midcap index fell 0.2% and the Smallcap index dropped 0.3%, reflecting a cautious investor mood.Sectoral performance was subdued, with IT and auto stocks leading the decline, while banking shares also remained under pressure. Market breadth was negative, with over 2,600 stocks declining against fewer than 2,000 advancers.
Despite the holiday-shortened week, the Nifty managed a modest weekly gain of 0.3%, ending a three-week losing streak. Overall, the session highlighted investor caution amid persistent FII selling and thin trade volumes, with traders closely watching global cues and upcoming domestic data for direction.Bulls are at work and are using the depths to resurface whenever possible.
However, the inability to sustain the trends at higher levels continues to drag the market. After spending sufficient time in volatility, the gap scenario has derailed the enthusiasm.
Read on livemint.com