{"id":9331,"date":"2025-12-01T11:00:56","date_gmt":"2025-12-01T11:00:56","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=9331"},"modified":"2025-12-01T11:00:58","modified_gmt":"2025-12-01T11:00:58","slug":"india-market-wrap-monday-1-dec-2025","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/india-market-wrap-monday-1-dec-2025\/","title":{"rendered":"India Market Wrap – Monday,\u00a01\u00a0Dec\u00a02025"},"content":{"rendered":"
\"nifty<\/figure>\n\n\n

Major indices<\/h2>\n\n\n\n
Index<\/th>Close<\/th>Change (pts)<\/th>Change (%)<\/th>Notes<\/th><\/tr><\/thead>
S&P BSE Sensex<\/strong><\/td>85\u202f641.90<\/strong><\/td>\u201364.77<\/td>\u20130.08 %<\/td>The Sensex erased early gains, slipping from a fresh intraday high of 86\u202f159.02 as profit\u2011booking set in.<\/td><\/tr>
Nifty 50<\/strong><\/td>26\u202f175.75<\/strong><\/td>\u201327.20<\/td>\u20130.10 %<\/td>The index briefly topped a record 26\u202f325.80 before ending slightly lower.<\/td><\/tr>
Nifty Bank<\/strong><\/td>59\u202f681.35<\/strong><\/td>\u201371.35<\/td>\u20130.12 %<\/td>After crossing 60\u202f000 for the first time, the index closed mildly lower.<\/td><\/tr>
Nifty IT<\/strong><\/td>37\u202f549.75<\/strong><\/td>+144.25<\/td>+0.39 %<\/td>IT stocks outperformed, benefiting from softer rupee and strong U.S. tech cues.<\/td><\/tr>
BSE Smallcap<\/strong><\/td>52\u202f079.91<\/strong><\/td>+26.20<\/td>+0.05 %<\/td>Small\u2011cap index eked out a tiny gain; Mid\u2011cap index fell about 0.19 %.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Sectoral performance<\/h2>\n\n\n\n
Sector index<\/th>Move on day<\/th>Comments<\/th><\/tr><\/thead>
Nifty Auto<\/strong><\/td>+0.79 %<\/strong><\/td>Passenger\u2011vehicle makers led gains amid robust November sales expectations; Maruti and Tata Motors rose.<\/td><\/tr>
Nifty Metal<\/strong><\/td>+0.58 %<\/strong><\/td>Steel producers gained on hopes of higher domestic demand and a rebound in Chinese property stimulus.<\/td><\/tr>
Nifty IT<\/strong><\/td>+0.39 %<\/strong><\/td>Benefited from rupee weakness and upbeat U.S. tech sentiment.<\/td><\/tr>
Nifty PSU Bank<\/strong><\/td>+0.25 %<\/strong><\/td>State\u2011run lenders extended recent rally, though heavyweights such as SBI slipped late in the day.<\/td><\/tr>
Nifty Consumer Durables\/Pharma\/FMCG\/Private Bank<\/strong><\/td>\u20130.2 % to \u20130.6 %<\/strong><\/td>Profit\u2011taking weighed; valuations look stretched after recent gains.<\/td><\/tr>
Nifty Realty<\/strong><\/td>\u20131 %<\/strong><\/td>The sector was the day\u2019s worst performer as rising bond yields and higher borrowing costs dampened outlook.<\/td><\/tr>
Nifty Healthcare<\/strong><\/td>\u2013~1 %<\/strong><\/td>Dragged by Max Healthcare, Sun Pharma and other pharma majors.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Top gainers and losers (Nifty 50)<\/h2>\n\n\n\n
Gainers<\/strong><\/th>% Change<\/strong><\/th>Losers<\/strong><\/th>% Change<\/strong><\/th><\/tr><\/thead>
UltraTech Cement<\/strong><\/td>+3.56 %<\/strong><\/td>Max Healthcare<\/strong><\/td>\u20132.67 %<\/strong><\/td><\/tr>
Tata Motors Passenger Vehicles (TMPV)<\/strong><\/td>+1.93 %<\/strong><\/td>InterGlobe Aviation (IndiGo)<\/strong><\/td>\u20132.19 %<\/strong><\/td><\/tr>
Maruti Suzuki India<\/strong><\/td>+1.42 %<\/strong><\/td>Bajaj Finance<\/strong><\/td>\u20131.71 %<\/strong><\/td><\/tr>
Bharat Electronics<\/strong><\/td>+1.36 %<\/strong><\/td>Sun Pharma<\/strong><\/td>\u20131.28 %<\/strong><\/td><\/tr>
Kotak Mahindra Bank<\/strong><\/td>+1.12 %<\/strong><\/td>Trent Ltd<\/strong><\/td>\u20130.76 %<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Note:<\/em> TMPV refers to Tata Motors\u2019 passenger\u2011vehicle unit listed as a separate entity.<\/p>\n\n\n\n

Key statistics and market drivers<\/h2>\n\n\n\n
    \n
  • Record highs and profit\u2011booking:<\/strong> Strong Q2 FY26 GDP growth of 8.2\u00a0%<\/strong> (fastest in six quarters) initially propelled indices to new peaks, but investors booked profits as valuations looked rich.<\/li>\n\n\n\n
  • Rupee weakness:<\/strong> The Indian rupee slid to a fresh all\u2011time low around \u20b989.5 per USD<\/strong>, undermining sentiment and raising concerns over imported inflation.<\/li>\n\n\n\n
  • FII\/DII flows:<\/strong> Provisional data from the last session (Nov\u00a028) showed foreign investors net sold \u20b93\u202f,796\u00a0cr<\/strong>, while domestic institutions bought \u20b94\u202f,148\u00a0cr<\/strong>. Continued FII selling weighed on large caps.<\/li>\n\n\n\n
  • Macroeconomic mixed signals:<\/strong> Nominal GDP growth (8.7\u00a0%) disappointed compared with real GDP, tempering expectations of a December RBI rate cut. November GST collections were steady at about \u20b91.70\u00a0trillion<\/strong>.<\/li>\n\n\n\n
  • Volume leaders:<\/strong> Vodafone\u00a0Idea, Physicswallah and Magellanic\u00a0Cloud were the most actively traded stocks by volume on the NSE.<\/li>\n<\/ul>\n\n\n\n

    What moved the market?<\/h2>\n\n\n\n
      \n
    • Stronger rupee depreciation and rising bond yields<\/strong> drove investors to lighten positions in banks and rate\u2011sensitive sectors, even as real GDP data impressed.<\/li>\n\n\n\n
    • Profit\u2011booking after record highs<\/strong>; many traders locked in gains after indices hit lifetime peaks in early trade.<\/li>\n\n\n\n
    • Expectation shift on RBI policy:<\/strong> The robust GDP print lessened the likelihood of an immediate rate cut, tempering hopes for further liquidity support.<\/li>\n\n\n\n
    • Global cues:<\/strong> U.S. markets rallied on Nov\u00a028 amid expectations of a Federal Reserve rate cut, while European markets were mixed and Asian peers showed divergent trends (Shanghai and Hong\u00a0Kong up; Nikkei and Kospi down). Brent crude hovered near US\u00a0$63.5\/bbl<\/strong>, up around 1.6\u00a0%, while gold steadied. The supportive global environment initially buoyed sentiment but failed to offset domestic headwinds later in the day.<\/li>\n<\/ul>\n\n\n\n

      Corporate updates and stocks in focus<\/h2>\n\n\n\n
        \n
      • Wockhardt:<\/strong> The stock jumped over 18\u00a0% intraday after the US\u00a0FDA accepted its new antibiotic Zaynich for review.<\/li>\n\n\n\n
      • Lenskart Solutions:<\/strong> Shares rallied after the eyewear retailer reported nearly 20\u00a0% year\u2011on\u2011year growth in profit and revenue for Q2 FY26.<\/li>\n\n\n\n
      • Tejas\u00a0Networks:<\/strong> Gained almost 6\u00a0% after receiving \u20b984.95\u00a0cr<\/strong> under the telecom PLI scheme; the move signals robust order pipeline.<\/li>\n\n\n\n
      • UltraTech\u00a0Cement:<\/strong> Led index gains on expectations of margin expansion amid stable fuel costs.<\/li>\n\n\n\n
      • Adani Ports & SEZ and Bharat Electronics (BEL):<\/strong> ICICI\u00a0Securities\u2019 Dharmesh\u00a0Shah advised positional investors to buy Adani Ports (\u20b91,466\u2013\u20b91,516 target \u20b91,675)<\/strong> and BEL (\u20b9405\u2013\u20b9415 target \u20b9466)<\/strong>; both belong to strong sectors (ports\/logistics and defence electronics).<\/li>\n\n\n\n
      • Upcoming events:<\/strong> Monthly auto sales numbers, RBI monetary policy announcement and progress on the US\u2013India trade deal are key monitorables.<\/li>\n<\/ul>\n\n\n\n

        Global cues summary<\/h2>\n\n\n\n
          \n
        • U.S. equity markets:<\/strong> The Dow, S&P\u00a0500 and Nasdaq all advanced on Nov\u00a028, supported by expectations of a Fed rate cut and strong consumer spending data.<\/li>\n\n\n\n
        • Asia:<\/strong> The Shanghai Composite and Hang Seng were higher, while Japan\u2019s Nikkei and South Korea\u2019s Kospi edged lower amid profit\u2011booking.<\/li>\n\n\n\n
        • Commodities:<\/strong> Brent crude moved up toward $63\u2013$64\/bbl<\/strong> as OPEC+ signalled adherence to supply cuts; gold held firm near \u20b94,239\/g<\/strong> on safe\u2011haven demand.<\/li>\n\n\n\n
        • Currencies:<\/strong> The dollar index moderated slightly; however, rupee depreciation dominated domestic headlines.<\/li>\n<\/ul>\n\n\n\n

          Technical levels and tomorrow\u2019s outlook (Tuesday, 2 Dec 2025)<\/h2>\n\n\n\n
            \n
          • Nifty\u00a050:<\/strong> Analysts see immediate support around 26\u202f000<\/strong>, with stronger support at 25\u202f800\u201325\u202f700<\/strong>. Resistance is expected at 26\u202f350\u201326\u202f500<\/strong>. The index formed a small\u2011bodied candle with long shadows, indicating indecision; sustaining above 26\u202f000 may prompt a retest of the record high.<\/li>\n\n\n\n
          • Bank\u00a0Nifty:<\/strong> Support at 59\u202f200<\/strong> (positional support at 58\u202f900<\/strong>); resistance near 60\u202f000 and 60\u202f500<\/strong>. The index recorded a Doji candlestick on the daily chart, suggesting consolidation after a strong run.<\/li>\n\n\n\n
          • Market tone:<\/strong> Despite minor profit\u2011taking, the overall trend remains positive. With macro data supportive and global markets stable, analysts expect a mildly bullish to range\u2011bound<\/strong> tone for Tuesday. Traders should monitor rupee movements, FII flows and any commentary ahead of the RBI policy. Stocks aligned with strong sectors\u2014banking, financial services, metals, auto and healthcare\u2014remain preferred on dips, whereas IT, realty and media may continue to underperform.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

            Major indices Index Close Change (pts) Change (%) Notes S&P BSE Sensex 85\u202f641.90 \u201364.77 \u20130.08 % The Sensex erased early gains, slipping from a fresh intraday high of 86\u202f159.02 as profit\u2011booking set in. Nifty 50 26\u202f175.75 \u201327.20 \u20130.10 % The index briefly topped a record 26\u202f325.80 before ending slightly lower. Nifty Bank 59\u202f681.35 \u201371.35 \u20130.12 % After crossing 60\u202f000 for the […]<\/p>\n","protected":false},"author":3,"featured_media":8213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[512],"tags":[],"class_list":["post-9331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/9331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=9331"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/9331\/revisions"}],"predecessor-version":[{"id":9332,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/9331\/revisions\/9332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/8213"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=9331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=9331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=9331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}