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HomeNewsVideosBusinessMarketsCan Nifty Hold Above 26,000 Amid Currency Jitters? Meesho IPO Opens | Opening Bell Live
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Can Nifty Hold Above 26,000 Amid Currency Jitters? Meesho IPO Opens | Opening Bell Live

The Nifty 50 extended its losing streak for a third straight session on December 2, slipping nearly 0.6% and closing below its 10-day EMA. Momentum indicators suggest further consolidation, though the broader higher high–higher low structure remains intact. Experts say as long as the index trades below 26,300 - a key resistance zone - the market may stay rangebound, with crucial support at 25,900–25,850. A breach below this could intensify selling pressure. Among stocks in focus: Sun Pharma, Maruti Suzuki, and HDFC AMC. On the primary market front, three IPOs — Meesho, Aequs, and Vidya Wires — open for subscription today. The three-day RBI MPC meeting kicks off amid a deeply divided Street on whether the central bank will cut rates, given strong growth data and a weakening rupee. Catch Nandita Khemka in conversation with Ruchit Jain, Vice President – Technical Research, Motilal Oswal Financial Services, and Sachin Jasuja, Head of Equities & Founding Partner, Centricity WealthTech.

Moneycontrol News
December 03, 2025 / 08:59 IST
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TAGS: #Asian market #BSE #market opening #Nifty #NSE #Sensex #share market #stock market #trading #US Market #video
first published: Dec 3, 2025 08:58 am

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