🇮🇳Indian Markets Pre-Market Report Today – December 5, 2025-Muted but positive start likely as RBI policy and rupee volatility stay in focus

🌍 Global Cues & Gift Nifty Indication (Pre-Opening Mood)

Indian Markets Pre- Market Report Says Overnight, global markets were mixed. US indices hovered just below record highs as traders juggled hopes of future Fed rate cuts with a rise in bond yields.

Europe was broadly flat, while Asian markets this morning are slightly cautious, reflecting event risk and year-end positioning.

On the derivatives side, Gift Nifty futures are trading around 26,170–26,180 early this morning, implying a slightly positive start for the Nifty 50 compared to yesterday’s cash close of 26,033.75.

Traders are clearly in “wait and watch” mode ahead of the RBI Monetary Policy Committee (MPC) decision later today. The street is divided on whether the RBI will stick to a prolonged pause or deliver a small rate cut, especially after faster-than-expected GDP growth and comfortable inflation numbers.

📊 Previous Session Recap – Nifty, Bank Nifty & Sensex

Thursday’s session (4 Dec 2025) finally broke the four-day losing streak, but the move was more of a stabilisation than a breakout:

Nifty 50 closed at 26,033.75, up 47.75 points (+0.18%).

Sensex ended at 85,265.32, up 158.51 points (+0.19%).

Bank Nifty slipped marginally to 59,288.7, down 0.10% as financials stayed cautious.

IT stocks led the rebound, thanks to a record-weak rupee and optimism around global tech demand, while banks and some consumption names lagged.

For previous session more details visit👇

Indian Markets Post-Market Report-Dec 4,2025

📌Indian Markets Pre-Market Report: Key Technical Levels – Nifty50, Bank Nifty, Sensex

🔵 Nifty 50 – 26,033.75

Analysts continue to highlight a tight near-term band as the market waits for RBI clarity:

Immediate support: 26,000 first, then stronger buying interest expected near 25,900.

Immediate resistance: 26,200–26,300 zone, marked by heavy call writing in the 26,200–26,300 strikes.

🏦 Bank Nifty – 59,288.7

Support: Around 59,000, which is both psychological and a recent swing zone.

Resistance: 59,700–60,000 remains the key hurdle; a clean move above this would signal fresh momentum in banks.

📈 Sensex – 85,265.32

Support: 85,000 region.

Resistance: 86,000–86,200; a breakout could re-open the path to life-highs.

For intraday traders, today’s event risk (RBI policy + commentary on rupee) is more important than pure chart patterns.

📉 India VIX – Volatility Still Low, But Event Risk High

The India VIX closed near 10.8–10.82 on Thursday, down over 3.5%, signalling very low implied volatility.

While low VIX is usually supportive for equities, ahead of a central-bank decision it also means:

Any surprise from RBI on rates, liquidity or rupee management can trigger sharp moves from compressed volatility levels.

📊 Derivatives Snapshot – Open Interest & Put–Call Ratio

From yesterday’s options data:

Overall Nifty OI Put–Call Ratio (PCR) slipped to about 0.85 from 0.93, indicating more call writing and some caution at higher levels. At the 26,000 ATM strike, the PCR is slightly bullish around 1.09, showing decent put writing and support near current levels.

In short:

The market is defending 26,000 on the downside but is not yet comfortable with a big breakout beyond 26,300 ahead of the policy.

💸 FII & DII Flow – Domestic Money Still Absorbing Foreign Selling

As per the latest NSE/Trendlyne data for 4 Dec 2025:

FIIs: Net Sellers ~₹1,944 Cr in the cash market.

DIIs: Net Buyers ~₹3,661 Cr, continuing to provide strong support.

This tug-of-war explains the sideways, range-bound behaviour despite record rupee weakness.

💱 Currency Check – Rupee Near Record Lows

The USD/INR futures contract expiring 29 Dec is quoting around ₹90.03 per dollar, keeping the rupee near its recent record low above 90.

A very weak rupee helps IT exporters and some pharma names, but raises imported inflation risks and keeps RBI under pressure to sound cautious.

🛢️🪙 Commodity Markets – Gold, Silver, Crude

🪙 Gold

Gold around ₹1,30,000per 10g.

Expectations of future Fed rate cuts Ongoing geopolitical risk A very weak rupee, which amplifies domestic prices

⚪ Silver

Silver is around ₹1,77,950 per kg.

🛢️ Crude Oil

Brent crude is hovering near $63.14per barrel, extending a modest two-day gain.

WTI crude is around the $59.49per barrel region based on latest available US data.

Oil is not spiking, but rupee weakness eats into the benefit, so macros stay balanced rather than clearly positive.

📦 IPO & Primary Market Updates

The IPO market remains buzzing, even while the secondary market consolidates:

Aequs IPO Price band ₹118–124, issue period 3–5 Dec, and strong subscription expected on the final day today.

Vidya Wires IPO Subscribed 8x+ by Day 2, with healthy demand from both retail and NII categories.

Meesho IPO Among the most watched IPOs of the year; subscribed ~8x by Day 2.

Corona Remedies IPO Pharma company IPO scheduled for 8–10 Dec, price band ₹1,008–1,062.

Primary market sentiment remains strong, especially for growth and healthcare names, even as indices cool off.

🧑‍⚖️ New SEBI Focus – Finfluencers & Social Media Rules

SEBI has stepped up action against unregistered “finfluencers”, including a major seizure order of over ₹500 crore against a popular trading academy for offering unregistered advisory services.

At the same time, SEBI is working on rules that would force brokers, advisors and other registered intermediaries to clearly display their SEBI registration numbers on social-media posts and ads, aiming to curb fake tips and fraud.

For your SEBI-compliance note:

Remind readers that genuine advice must come from SEBI-registered intermediaries, And any content — including your report — is for educational purposes, not stock tips.

🔎 Short-Term Trading View (Today’s Session)

Bias: Mildly positive open, but range-bound trade likely till RBI policy headlines hit.

Upside zone: 26,200–26,300 on Nifty may attract profit-booking and call writers.

Downside risk: Break below 26,000 could quickly test 25,900, especially if RBI sounds more hawkish on rupee and inflation.

Stock themes: IT, export-oriented pharma and some defensives remain supported by weak rupee.

Banks and rate-sensitives might stay choppy until the policy tone is clear.

🧭 Investment View – Short Term vs Long Term

Short term (days to weeks):

Expect event-driven moves: RBI policy, rupee commentary, US macro data. Traders should respect support at 26,000 / 25,900 on Nifty and avoid leverage around the policy time window.

Long term (3–5 years):

Despite currency volatility and periodic FII selling, India retains: strong domestic demand, healthy earnings growth expectations, and robust SIP + DII inflows.

Investors with long horizons typically use corrections driven by global or event risk to accumulate quality names in banking, manufacturing, IT, defence and consumption.

Indian Markets Pre-Market Report– Dec 5, 2025