Indian Markets Pre-Market Report-Dec 9,2025

🇮🇳 Indian Markets Pre-Market Report — Tuesday, 9 December 2025-Volatility wakes up, rupee under pressure – will 25,850 hold for Nifty today?

The mood in the market this morning feels a bit tight. After yesterday’s selloff, traders are walking into Tuesday with more questions than answers. Nifty slipped under 26,000 again, banks looked tired, and midcaps took a proper beating. It wasn’t one of those days where you can point at a single villain — it was more like the market collectively saying, “Let’s cool off before the Fed.”

And that’s where we are today. Everyone’s watching the US Federal Reserve’s meeting lined up later this week, plus a couple of global headlines that aren’t letting the market relax. So before the opening bell, here’s what the landscape looks like.

🌍 Global Cues & GIFT Nifty — The Early Clues

Overnight in the US, markets were mostly flat. Nobody wanted to take a strong stance before the Fed shows its cards.

Asia this morning isn’t sending any great cheer either — mixed to slightly weak, which seems to have rubbed off on Gift Nifty as well.

Gift Nifty has been hovering around 25,950–26,000, down just a bit from yesterday’s close. That’s basically the market hinting: “Don’t expect a big-gap green open today.”

Crude, surprisingly, is a shade lower after a small slide yesterday, hovering near $62–63. That takes a bit of pressure off India, but the rupee is still too weak for anyone to celebrate.

📉 Quick Look Back — How We Ended Yesterday

Monday wasn’t a pleasant day for the bulls.

Nifty 50 ended near 25,960, down almost 226 points.

Sensex wrapped up around 85,102, losing more than 600 points.

Bank Nifty slipped to 59,238, unable to hold 59,500 during the day.

The louder story wasn’t even the frontline indices — it was the broader market. Midcaps and smallcaps were hammered. Breadth was heavily one-sided, and even the intraday attempts at a bounce didn’t look convincing.

When banks and midcaps both give up at the same time, it usually tells you the market is in a mood to rest.

For more details 👉Indian Markets Post-Market Report-Dec 8, 2025

📌 Levels That Matter Today — Nifty, Bank Nifty & Sensex

🔹 Nifty 50

The key zone is 25,850–25,900. That’s where buyers stepped in earlier, and if the market loses that zone again today, the slide could extend into the 25,700 pocket.

On the upside, 26,100–26,200 is still the wall the index couldn’t climb last week.

So intraday:

Hold above 25,900 → chance of stabilization. Slip below 25,850 → expect volatility.

🔹 Bank Nifty

Banks have been unpredictable lately.

Support for today sits near 59,000.

If that breaks, the next meaningful area is closer to 58,500.

Bank Nifty needs to come back above 59,600–59,800 for the trend to look healthy again.

🔹 Sensex

Steady zone: around 85,000.

Stronger support sits around 84,500.

Anything above 85,800+ would show buyers regaining control.

😶 Volatility — VIX Ticks Up

India VIX moved up again to around 11.1.

Not a scary number, but the direction matters — volatility is rising before the Fed, and the market tends to wobble near big event weeks. Expect sudden intraday spikes, especially near supports.

🧭 What Sectors Are Showing Today’s Mood

Yesterday everything was basically red except a few IT names.

Realty: down the most, even after enjoying a monster rally last month.

PSU Banks: cracked again — profit booking plus weak global tone.

Media, Metals, Auto, FMCG: broad weakness. IT: the only sector that didn’t tumble. Tempted some buyers thanks to the rupee weakness.

If today opens weak, expect a similar pattern: IT may hold up better, high-beta sectors may stay soft.

🏅 Top Gainers & Losers from Yesterday (Quick Glance)

✅ Gainers

Tech Mahindra — the rare green dot in a red sea.

Wipro , HCL Tech , Reliance.

❌ Losers

IndiGo (InterGlobe) — dropped sharply due to operational concerns.

BEL — profit-taking after a strong run.

Kaynes — deeper cut in the broader correction.

JSW Steel — metals dragged.

Zomato — extended weakness.

The losers list was long. The gainers list… not so much.

💸 FII–DII Flow — Who’s Holding Up the Market?

FIIs / FPIs: net SELLERS of ~₹655 crore in cash.

DIIs: net BUYERS of ~₹2,542 crore, absorbing a big part of FII selling.

This has been the story for months now:

FIIs are cautious → DIIs support the dip.

This dynamic is one big reason Nifty is still much higher than global peers.

📦 IPO Corner — Busy Even During Volatility

Even though the secondary market is tired, the IPO space is still very active.

Corona Remedies IPO is open — steady subscription so far and a healthy grey-market premium.

Wakefit saw modest Day-1 interest, likely stronger bidding expected from QIBs later.

Riddhi Display (SME) is also open today.

Aequs closed with a massive subscription.

ICICI Prudential AMC IPO opens on 12 December — the big one everyone is watching.

Primary market enthusiasm is still alive despite the day-to-day swings.

🪙 Gold, Silver & Crude — Quick Updates

🟡 Gold

Hovering around ₹1,29,920per 10g (24K). Slight dip from yesterday but nothing major.

⚪ Silver

Trading near ₹1,81,625 per kg, depending on the city.

🛢️Crude Oil

Brent around $62–63, giving a bit of relief compared to last week’s peaks.

Crude oil near $58.81per barrel

💱 Currency — Rupee Still Under Pressure

The rupee is still struggling around the ₹90 per dollar zone.

It tried to stabilize but hasn’t shown any real strength yet.

The upcoming India–US trade meetings (10–11 Dec) might give some direction, but for now, the currency remains a headwind.

Weak rupee + cautious global mood = market still on edge.

🧠 Market View – Short Term vs Long Term

⏱️ Short-Term View (Today / This Week)

Bias: Cautious to sideways with a weak opening. Watch 25,850–25,700 on Nifty and 59,000 on Bank Nifty. Holding those levels keeps the uptrend intact as a consolidation. A breakdown could extend the correction. Volatility (VIX ~11) has picked up, so intraday moves can be fast near supports.

🕰️ Long-Term View

Despite this pullback, India’s bigger story (growth, earnings, domestic flows) is still positive. FII selling vs strong DII and SIP flows suggests dips are being accumulated for long-term portfolios, but entry timing matters.

“Don’t chase gaps, focus on staggered entries and asset allocation rather than day-to-day noise.”