HomeNewsVideosBusinessEarningsWill Solid Q2 GDP Set The Ball Rolling For Nifty Bulls To Cross 26,300 Decisively?|Opening Bell Live

Will Solid Q2 GDP Set The Ball Rolling For Nifty Bulls To Cross 26,300 Decisively?|Opening Bell Live

The Nifty 50 ended the week on a steady note, closing flat with a negative bias but still up 0.5% for the week and nearly 2% for the month. Bulls continue to have the upper hand despite some profit booking after the record-high rally. Experts say if the Nifty sustains above 26,310, an upmove toward 26,400–26,500 could be on the cards, while key support lies at 26,100–26,000. Markets will react to Q2 GDP data, which came in at a six-quarter high. Global cues are mixed, but the GIFT Nifty indicates a gap-up start. In stocks to watch — focus on auto stocks as November sales numbers roll in, with strong commercial vehicle demand emerging as a key positive surprise. Also, keep an eye on cigarette stocks as the Health and National Security Cess Bill, which proposes replacing the GST compensation cess with higher excise duty on tobacco and a new cess on pan masala, is likely to be tabled in Parliament today. Catch Nandita Khemka in conversation with Latha Venkatesh of CNBC-TV18, Rajesh Palviya, Senior VP & Head – Technical & Derivatives Research at Axis Securities, and Lakshmi Iyer, Group President – Investments & CEO at Bajaj Alts (Bajaj Alternate Investment Management Ltd).

December 01, 2025 / 08:45 IST
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Moneycontrol World Desk
first published: Dec 1, 2025 08:44 am

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