The Indian stock market is expected to open flat on Tuesday, December 2, 2025, mirroring mixed cues from global markets. Gift Nifty trends suggest a muted start for the benchmark indices.

Market Performance on December 1, 2025

On Monday, December 1, the Indian stock market closed marginally lower, with the Nifty 50 index ending below the 26,200 level. The Sensex concluded the day down by 64.77 points, or 0.08%, at 85,641.90, while the Nifty 50 settled 27.20 points, or 0.10%, lower at 26,175.75. Despite hitting fresh all-time highs during the morning session, both indices surrendered their gains due to profit booking. The Nifty 50 reached a lifetime high of 26,325.80, and the Sensex touched 86,159.02.

Global Market Cues

Global market cues are mixed. European markets showed weakness, which may exert some pressure on Indian stocks. US markets are also down. Investors are closely watching key global data releases, including manufacturing PMI numbers from major economies, Eurozone CPI, and the U.S. JOLTS report.

FII/DII Activity

On December 1, 2025, Foreign Institutional Investors (FIIs) were net sellers, with sales amounting to ₹1,171.30 crores, while Domestic Institutional Investors (DIIs) were net buyers at ₹2,558.90 crores. This trend of continued FII selling could potentially limit gains, while consistent DII inflows might cushion the downside, leading to choppy intraday movements.

Sensex and Nifty 50 Outlook

Sensex formed a bearish candle on the daily charts, indicating possible further weakness. Kotak Securities Head of Equity Research, Shrikant Chouhan, noted that intraday market movement is likely to be range-bound. For day traders, key support zones for the Sensex are 85,500 and 85,000, while 86,000-86,200 will act as crucial resistance areas. A break below 85,000 could make the uptrend vulnerable. Share.Market Analyst, Mayank Jain, pointed out that the 86,000–86,200 region is a major resistance for the Sensex, and a breakout above this zone could lead to new record highs, with major support seen near 85,100–85,000.

The Nifty 50 also formed a bearish candle on the daily chart, suggesting a pause in the recent uptrend. Immediate support for Nifty is at 26,150, followed by 26,000, with immediate resistance at 26,300. According to Choice Equity Broking's Technical & Derivative Analyst, Amruta Shinde, a sustained close above 26,300 is essential to reignite bullish momentum.

Derivatives Data

Derivatives data indicates significant call writing at the 26,250 strike and strong put interest at 26,150, suggesting a tight near-term trading range for the Nifty.

Key Levels to Watch

• Nifty 50:
  • Support: 26,150, 26,000
  • Resistance: 26,300, 26,325-26,400
• Sensex:
  • Support: 85,500, 85,000, 85,100-85,200
  • Resistance: 86,000-86,200, 86,100-86,200
• Bank Nifty:
  • Support: 59,400-59,000, 58,300-58,600
  • Resistance: 60,000-60,300

Stock Specific News

• Reliance Industries: The composite scheme of arrangement involving Reliance Retail Limited and other related entities became effective from December 1, 2025.
• Tech Mahindra: The merger of LCC North Central Europe B.V. with LCC Europe B.V. has been approved, with an effective date of April 1, 2025, subject to regulatory approvals.
• Hero MotoCorp: Reported a 31% year-on-year increase in dispatches for November 2025, with a total of 604,490 units.

Market Sentiment

Overall market sentiment remains cautiously positive, with analysts suggesting a buy-on-dips approach as long as the Nifty holds above the 26,000 mark. Sectoral rotation is evident, and traders should remain vigilant on thematic movers to gain an edge.