📰Indian Markets Post-Market Report — 4 December 2025 – IT leads a quiet rebound; banks struggle ahead of RBI policy day
Indian markets finally managed to break their four-day losing streak on Thursday, though the recovery wasn’t dramatic. The tone through the session felt more like the market catching its breath rather than celebrating anything. With the RBI policy announcement due tomorrow, traders mostly played safe and stayed light on positions.
Nifty pulled itself back above 26,000 by the close, adding a modest 47 points. Sensex also finished slightly higher, while Bank Nifty slipped into the red again — showing that the banking pack still isn’t fully comfortable ahead of the central bank’s commentary.
📌 Closing Levels — A Mild, Measured Recovery
Nifty 50: 26,033.75 (+0.18%)
Sensex: 85,265.32 (+0.19%)
Bank Nifty: 59,288.70 (–0.10%)
Broader markets didn’t share the same relief. Midcaps and smallcaps stayed under pressure, and several recent outperformers continued to cool off, suggesting the recovery is still very front-loaded in select large-caps.
🏆 Nifty Top Gainers — IT & Insurance Lead the Show
The winners’ list reflected a very clear theme: the market went where the currency was helping.
Tech Mahindra — +1.33% , steady buying, up around
Adani Enterprises— +1.28%, strong traction
TCS — +1.55%, riding global tech positivity
SBI Life — +1.53%
Infosys — +1.20%
IT and insurers stood out as the cleanest gainers of the day.
🔻 Nifty Top Losers — Pressure in Heavyweights
Kotak Mahindra Bank — –0.50%
Eternal— –0.67%
Hindalco — –0.67%
Maruti Suzuki — –0.55%
Titan — –0.46%
Banks, metals, and consumption names saw mild but steady selling through the day.
🧭 Sector Performance — IT Saves the Day, Banks Hesitate
The sector picture wasn’t complicated:
IT was the standout gainer. The weak rupee, combined with stable global tech cues, gave the entire pack a lift.
Realty, FMCG, Auto, Pharma, Metals also managed to close in the green.
Banks, Media, Oil & Gas and Consumer Durables struggled. Bank Nifty in particular refused to join the rebound.
Under the surface, the message seemed clear: traders prefer “currency beneficiaries” and defensives while they wait to hear from the RBI.
📉 India VIX — Calm, Almost Too Calm
India VIX slipped further towards the 10.8 zone, marking one of its softest closes in weeks.
Low volatility usually suggests confidence, but heading into a major policy event, it can also mean the market is unprepared for surprises. With volatility compressed and FIIs still selling, traders would be wise to stay cautious.
🌍 What Moved the Market Today
1. RBI Policy Tomorrow
Most of the price action — or rather the lack of it — can be explained by tomorrow’s RBI meeting. The broader expectation is that the central bank will maintain status quo on rates, but traders want clarity on:
inflation outlook the rupee’s sharp slide how the central bank views global risks
This kept financials muted and prevented any aggressive intraday trend.
2. Rupee Fluctuation Near Record Lows
The rupee once again hovered in the ₹90–90.5 zone against the USD during the day, and that alone shaped a lot of sector behaviour. IT rose; oil & gas, aviation and discretionary names stayed under pressure.
FIIs don’t like unstable currency moves, so foreign flows remained cautious.
3. IT Strength From Global Markets
Tech stocks in the US had another upbeat session overnight, and that momentum spilled over into Indian IT names. The market clearly preferred large, predictable, globally exposed companies today.
4. Stock-Specific Moves
Biocon saw more selling after updates regarding funding requirements in its biologics arm. Select defence and engineering names attracted rotational buying.
It was a very stock-pickers’ market rather than a broad rally.
📊 Indian Markets Post-Market Report – Support & Resistance — Levels to Track
Nifty 50
Support: 25,900 → If this gives way, 25,750 could come into play.
Resistance: 26,100–26,150 → A close above this zone could re-energise the index.
Bank Nifty
Support: 59,000 remains the line in the sand.
Resistance: 59,700 is where it has repeatedly stalled. A breakout above this would change the tone entirely.
Sensex
Support: Near 85,000.
Resistance: Around 86,000–86,200.
Most traders will wait for the policy outcome tomorrow before trusting any breakout or breakdown.
📦 IPO Update — Momentum Continues in the Primary Market
IPO activity stayed strong across mid-sized and SME issues:
Aequs continued to pull solid subscription numbers, with strong interest from retail and HNI segments.
Vidya Wires also saw healthy demand, with subscription climbing into higher multiples.
Meesho remained in focus with a premium holding firm in the unlisted market.
Corona Remedies enters the spotlight next week with a sizeable OFS, adding more depth to the December IPO calendar.
Despite secondary-market choppiness, primary market sentiment remains vibrant.
🛢️ Commodities & 💱 Currency — Market Mood Influencers
Gold stayed firm, reflecting global caution and the weaker rupee. Gold ~ ₹1,29,572.
Silver ~ ₹1,78,913, also held its recent strength.
Crude oil ~$59.32 per barrel comfortably in the low-60s per barrel — a relief for India at a time when the currency is under stress.
Brent Crude: $62.97 per barrel.
USD/INR : ₹89.98 movement remained the biggest macro variable of the day, and traders will be watching whether RBI commentary tomorrow influences the path from here.
💸 FII–DII Flows — Same Story, New Day
Foreign investors continued to be net sellers based on the latest available day’s numbers, while domestic institutions once again stepped in with heavy net buying.
FIIs: Net Sellers~ -₹1,944.19 Crores
DIIs: Net Buyers ~ +₹3,661.05 Crores
This tug-of-war has kept the market range-bound:
FIIs keep trimming exposure DIIs keep buying dips and supporting the index
Until FIIs turn neutral or positive, rallies may continue to feel narrow and selective.
🧭 Short-Term View — A Market Waiting for Clarity
Short-term traders should expect a quieter open tomorrow, followed by potentially sharp moves once the RBI statement drops.
Near-term expectations:
Nifty likely stays between 25,900–26,150 until the event passes. Bank Nifty may stay choppy unless it convincingly climbs above 59,700. Low VIX can widen quickly if the policy tone is unexpectedly hawkish or if the RBI addresses the rupee more strongly than expected.
🏦 Long-Term View — Broader Story Still Intact
From a bigger perspective, nothing this week has damaged India’s structural equity narrative:
Earnings remain supportive Domestic flows remain strong Global positioning still favours emerging markets after rate cuts begin in developed economies
The corrections here and there are more about adjusting to the rupee, flows and event risks rather than a change in the long-term market direction.
⭐ Stock of the Day — Tech Mahindra (For Learning, Not a Recommendation)
Tech Mahindra earned its spot today because:
It was among the strongest gainers in the Nifty It benefitted from both the currency move and global tech strength It showed clean buying interest across the session
This is a watchlist example, not a trading tip.
Indian Markets Pre-Market Report-Dec 4,2025
INDIAN MARKETS MONTHLY VIEW-Dec 2025
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⚠️ Disclaimer:
This report is meant purely for educational and informational purposes. It is not investment advice, not a buy/sell/hold recommendation, and not a research report under SEBI regulations. Markets involve risk, and past performance should not be considered indicative of future results. Please consult a SEBI-registered investment adviser before making any trading or investment decision. All data, levels and sector references are based on publicly available information as of 4 December 2025 and may change without notice.