Trading Plan: Will Nifty 50 hold above 20-DEMA, Bank Nifty take support at 59,000?
For the Nifty 50, psychological 26,000 mark can be an immediate support, while the crucial support is placed at the 25,966–25,840 zone. As long as the index holds this crucial support zone, the possibility of a rebound toward the record high can be seen.
Trade Spotlight: How should you trade Bandhan Bank, Apollo Tyres, Birlasoft, Glenmark Pharma, Tata Communications, and others on December 3?
The bears may gain strength if the market convincingly breaks the 20-day EMA and the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
Bulk deals: ASK Investment Managers picks up 0.58% stake in Rallis India
Promoter entity Bajaj Finance Ltd sold 16.66 crore shares (2 percent) of Bajaj Housing Finance at Rs 95.31, valuing the deal at around Rs 1,588 crore.
FIIs net sell shares worth Rs 3,642 crore, DIIs net buy Rs 4,646 crore on December 2
DIIs purchased shares worth Rs 15,195 crore and sold shares worth Rs 10,549 crore. In contrast, FIIs bought shares worth Rs 15,234 crore but sold shares totalling Rs 18,876 crore.
Trade setup for December 3: Top 15 things to know before the opening bells
As long as the Nifty 50 trades below 26,300, the key resistance zone for a sharp upmove, consolidation and rangebound trading may continue, with key support at the 25,900–25,850 zone, below which the selling pressure may widen, according to experts.
Axis Securities expects Nifty 50 to rise up to 13% to hit 29,500 by Dec 2026 in bull case: Check key triggers
While the Indian economy is on the verge of a cyclical recovery, global challenges are likely to persist, Axis Securities cautioned.
Markets fall for 3rd day; holding 25,950 crucial for Nifty to reclaim recent highs
Analysts said the Nifty must hold the 25,950 zone to attempt a move back toward recent highs.
“We want to be like a squirrel - agile, flexibile and balanced,” says Abakkus' Sunil Singhania
Abakkus makes MF debut with flexi-cap fund as Sunil Singhania eyes bigger pie of the investment pie after rapidly scaling up his PMS/AIF
Portfolio Management Services' growth remains slow in Oct with EPFO allocations doing the heavy-lifting; HNIs missing in action
SBI and UTI alone account for most of the month’s AUM rise; analysts say HNI money hasn’t returned and the rebound is 'optical, not structural'
Will RBI cut repo rate or stay put tomorrow? Here's how stock markets could react in either of the scenarios
Earlier in November, RBI Governor Sanjay Malhotra said there is scope to further reduce policy interest rates, spurring rate cut hopes. However, strong GDP numbers lowered expectations of further monetary easing.
Sensex settles 500 pts lower, Nifty ends below 26,050: Rupee at record low among key factors behind market decline
Stock market today: Persistent FII selling, weak rupee also led to sluggish market sentiment on December 2
Trading Plan: Can Nifty 50 hold 26,100, Bank Nifty 59,500 amid ongoing consolidation?
As long as the Nifty 50 holds the 25,900 support, the possibility of the beginning of a new leg of up-move is high toward 26,500, while the immediate support is placed in the 26,100–26,000 zone.
Trade Spotlight: How should you trade Bank of Baroda, PB Fintech, Samvardhana Motherson, Paytm, City Union Bank, and others on December 2?
The market is expected to consolidate further until it gives a convincing close above Monday's high. Below are some short-term trading ideas to consider.
Bulk deals: 360 ONE Special Opportunities Fund offloads 0.78% stake in Maple Infrastructure Trust
Bellwether Capital bought 3.64 lakh shares (1.32 percent) of Sintercom India at Rs 119.56. Seller was Sunita Aggarwal who sold 3.56 lakh shares (1.3 percent) at Rs 119.58 per share.
Trade setup for December 2: Top 15 things to know before the opening bells
According to experts, the Nifty 50 index may consolidate further with support at 26,100-26,000, followed by 25,900 as a crucial support level. On the higher side, 26,300 is expected to act as a key resistance zone, as a decisive close above it could open the door for a sharp upmove.
ICICI Prudential AMC, Annu Projects, Technocraft Ventures & Powerica get SEBI nod for IPOs
ICICI Prudential AMC IPO comprises an offer for sale (OFS) of up to 1.76 crore equity shares by the promoter Prudential Corporation Holdings, with no fresh issue component.
SEBI disposes of adjudication proceedings against Nuvama Wealth and Investment
After weighing the circumstances, the adjudicating officer concluded that the violations did not warrant a financial penalty. “The allegations against the Noticee do not warrant any monetary penalty,” the order stated, adding that the lapses were not so severe as to trigger the penalty framework under Section 15HB of the SEBI Act.
FIIs net sell shares worth Rs 1,171 crore, DIIs net buy Rs 2,559 crore in equities on December 1
For the year so far, FIls have been net sellers of shares worth Rs 2.59 lakh crore, while DIls have net bought shares worth Rs 7.08 lakh crore.
Union AMC sees India Inc earnings growth rising to mid-teens; sees opportunities in consumption space
CIO Harshad Patwardhan said the AMC’s upcoming consumption fund will be constructed using its RISE framework—Reach, Intermediates, Spend-up, Experience—to capture new-age consumption behaviour across 19 AMFI-classified sectors
Technical View: 26,300 seen as key hurdle for Nifty to sustain record high levels, say analysts; support placed near 26,100 zone
Nifty slipped 27.20 points, or 0.10 percent to settle at 26,175.75. The index had climbed 122.85 points or 0.46 percent earlier to hit an all-time high of 26,325.80.
Sensex settles 500 pts lower from day's high, Nifty ends below 26,200: Rupee at all-time low, 5 other reasons behind market decline
Stock market today: Sensex, Nifty pare some gains after scaling fresh lifetime highs in intra-day trade.
Sensex up 300 pts, Nifty above 26,300: High GDP growth among key factors behind market scaling fresh lifetime highs
Stock market today: Sensex, Nifty hit their fresh all-time highs after India's economy grew the fastest pace in six quarters.
Global brokers turn bullish on India on strong earnings, easing valuation concerns
Brokerages like Goldman Sachs now see a case for Indian equities to outperform over the coming year, upgrading India back to Overweight with a Nifty target of 29,000 for end-2026.
Dalal Street This Week: RBI policy, Powell, auto sales and Meesho IPO top the watchlist
Benchmark indices may hit new highs as investors track the RBI policy, Powell’s speech, auto sales, PMI data, and key US releases, experts said.
