This market stepped into December with a pace that felt both cautious and strangely electricālike the moment before a storm decides which direction to travel. Indian equities opened the week absorbing global tremors, domestic macro surprises, and a rising tide of corporate headlines that kept traders on their toes. This strategic step could enhance market positioning.
- US markets ended in the red as bond yields marched upward, hammering down real estate and utilities.
- Crypto-linked stocks in the US slipped again as risk appetite cooled.
- For Nifty 50 traders, support is seen around 25,900, while resistance near 26,300 may unleash stronger upside if breached convincingly.
- FIIs sold ā¹1,171 crore, while DIIs absorbed the shock with ā¹2,559 crore in net buyingācontinuing their FY25 dominance.
- Gold continues its ascent toward the historical peak of ā¹1,32,250, fuelled by expectations of a Fed rate cut.
- Silver maintains its traditional December strengthāhistorically its third-best month over 30 yearsālifting sentiment for bullion dealers and commodity traders. This strategic step could enhance market positioning.
- Nvidiaās $2 billion investment in Synopsys has raised eyebrows, with analysts debating whether it signals a new model of āpaying customers to buy faster chips.ā
- A near-festive IPO queue includes Wakefit Innovations, Aequs, and more, while ICICI Prudential AMC secured SEBI approval for its own market debut.
- Key bulk deals:
- 360 ONE Special Opportunities Fund exited Maple Infra Trust.
- Bellwether Capital increased exposure to Sintercom India.
- A multi-crore fraud case has been filed against ALX Shipping India and Aladdin Express (Dubai).
- SEBI closed adjudication proceedings against Nuvama Wealth, ruling the violations not serious enough for a fine. Industry observers see this as a positive development.
- Airbus discovered quality issues in A320 panels requiring urgent inspections, though new panels meet standards.
- Wockhardt remains optimistic about a positive USFDA verdict for its novel antibiotic NDA and is exploring commercialization strategies. This strategic step could enhance market positioning.
- Nifty 50 cooled off by 27 points, closing at 26,175.75 after touching a fresh peak at 26,325.80.
- Analysts map out:
- Resistance: 26,300
- Support: 26,100ā26,000
- Key base: 25,900
- Sensex slipped below 86,000 after hitting new highs earlier in the session.
- Broader markets turned weak, though smallcaps held comparatively steady.
- FIIs sold ā¹1,171 crore; DIIs bought ā¹2,559 crore on December 1.
- FY25 trends show:
- FIIs: Net Sellers ā ā¹2.59 lakh crore
- DIIs: Net Buyers ā ā¹7.08 lakh crore
- Domestic money continues to anchor the market despite foreign outflows.
- Gainers: Auto, IT, PSU Banks, Metals (up 0.3ā0.5%)
- Decliners: Realty, Consumer Durables, Pharma (down 0.5ā1%)
- PSU banks remain market favourites ahead of anticipated rate cuts.
- Bajaj Finance to offload 2% stake in Bajaj Housing Finance, pumping ā¹1,740 crore into the system.
- Teamlease Services gained 4% following bullish brokerage commentary linked to labour law reforms. Industry observers see this as a positive development.
- Stocks to track:
- Maple Infra Trust
- Hyundai Motor (India updates)
- Tata Motors
- Oil Country Tubular
- Welspun Investment
- Maruti Suzuki completed its merger with Suzuki Motor Gujarat, effective December 1.
- Indiaās Q2 GDP delivered an 8.2% surprise, raising FY26 forecasts to 7ā7.5% and reducing immediate rate-cut expectations.
- Silver futures reached ā¹1.78 lakh/kg, assisted by a softer dollar.
- SEBIās move to classify REITs as equity from January 1 is likely to draw more mutual fund inflows.
- The stronger-than-expected GDP print boosted sentiment across equities.
- Manufacturing slowed in early Q3 FY26, while consumption stayed firmāsetting the stage for sector-specific rotations.
- Indiaās Current Account Deficit fell to $12.3 billion, calming currency market concerns. This strategic step could enhance market positioning.
- GST collections dipped to ā¹1.7 lakh crore, the softest reading in a yearāsomething fiscal-sensitive sectors will track closely.
- Government-RBI alignment is credited for steady macro outcomes despite rising global tariff pressures.
- UPI transactions remained above 20 billion for two straight months, reinforcing confidence in fintech and banking. Industry observers see this as a positive development.
- A mega PSU bank merger roadmap for FY27 could shrink public banks to four, reshaping competitive dynamics in the sector.
- Industrial output slowed sharply to 0.4% in October, impacting manufacturing-linked counters.
- US tariff pressure continues to rattle Indian exporters, though sectors like gems and marine products found demand pockets in EU and Asia.
- Affordable housing demand took a hit post-GST 2.0 reforms, weighing on realty and allied companies.
- Fraud case filed against ALX Shipping India & Aladdin Express.
- Delhi HC seeks Centre's response on Appleās plea against CCI penalty.
- The Trafigura-Prateek Gupta nickel saga intensifies with accusations of fund diversion and duplicate cargoes.
- Finance Ministry clarified it does not advise LIC on investment decisions; LICās exposure to Adani-Total Gas stands at ā¹8,646.82 crore.
- Piramal Finance is aiming for $1.67B in local borrowings by March.
- Home First Finance continues steady performance under macro stress.
- A Hong Kong investor will acquire 25% in Pro Fin Capital Services.
- Paytm Payments Services secured RBI approval as a payment aggregator.
- Sellwin Traders formed a planned tie-up with Patel Container India.
- CALās aluminium vertical is positioned for aggressive growth after acquiring DR Axion & Sunbeam.
- Vertoz to acquire automation specialist Webimax.
- SoftBankās portfolio worries rise after a 40% correction from its peak.
- Adani Group is in talks to raise $5B for Google-linked data center investments.
- Tesla expects Indian buyers of Model Y to recover one-third of the cost within five years.
- SpiceJet employees look to new labour laws for timely salaries.
- IndiGo, Air India, and Air India Express warned customers of potential delays due to A320 panel issues.
- Solar radiation risks flagged by Airbus mean 200ā250 Indian aircraft may require immediate software updates. This move positions them well in the competitive landscape.
- An Air India flight returned to Delhi after a mid-air smoke alert. This move positions them well in the competitive landscape.
- Persistent Systems reported solid Q2FY26 performance with stable margins.
- Dodla Dairy sustained momentum with high-margin value-added products.
- Wockhardt remains bullish on its USFDA antibiotic filing.
- Pro Fin Capital stake approval and SellwināPatel Container deal completed.
- Apple challenges Indiaās antitrust penalty, with a potential $38B impact.
- Google plans $85B for data center expansion amid AI-led cloud demand.
- SoftBank faces valuation pressure after new competition from Gemini 3.0.
- Experts warn that Dubai property loans may violate FEMA regulations.
- SpiceJet faces compliance watch due to salary delays.
Published by Barawakar |Market PulseĀ ā 02 Dec 2025
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