Premarket Report – December 03, 2025
Premarket Updates
- GIFT Nifty Indicates Weak Open: GIFT Nifty futures at 26,187 (-0.07%), signaling a lower start for Nifty 50 amid rupee weakness and FII selling pressure.
- Asian Markets Rebound: Nikkei up 0.4%; Hang Seng gains 0.5%; Kospi steady as US rally spills over and China services PMI eases concerns.
- Banking Sector Under Pressure: ICICI Bank, HDFC Bank slip ahead of RBI MPC with focus on liquidity measures and rate stance.
- IT Sector Eyes Recovery: Infosys, TCS steady on global tech rebound and expectations of softer US yields.
- Auto Sector Firm: Maruti Suzuki, Tata Motors hold gains post strong sales data amid festive tailwinds.
- Rupee Hits Record Low: Indian rupee at 89.87 (-0.40% vs USD), hit by FPI outflows and trade deficit widening.
- FIIs Continue Selling: Net outflow of Rs 3,642 Cr on Dec 2; DIIs counter with Rs 4,646 Cr inflows for balance.
- Midcaps Show Resilience: Nifty Midcap futures up 0.4% despite broader caution on valuation resets.
Global Market Insights
US Markets (Close Dec 02)
- Dow Jones: 47,474 (+0.4%)
- S&P 500: 6,829 (+0.2%)
- Nasdaq: 23,414 (+0.6%)
- VIX (CBOE): 16.59 (-3.8%)
Wall Street rebounds as bitcoin stabilizes and bond yields ease; focus on ISM data and Fed signals.
Asia & Europe (Dec 03 Premarket)
- Nikkei 225: +0.4%
- Hang Seng: +0.5%
- Kospi: +0.2%
- Europe Futures: Flat
Asia gains on US positivity; Europe steady awaiting ECB comments and PMI releases.
Commodities & Forex
- Brent Crude: $62.49 (+0.06%)
- Gold: $4,216 (+0.2%)
- US Dollar Index: 99.50 (flat)
Oil holds steady on supply dynamics; gold edges up as haven amid currency volatility.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 26,187 (-0.07%)
- Nifty 50 (Dec 02 Close): 26,032.20 (-0.55%)
- Sensex (Dec 02 Close): 85,138.27 (-0.59%)
- India VIX: 11.23 (-3.42%)
Markets consolidate after pullback; RBI MPC and PMI data in spotlight for direction.
Key Futures (Premarket)
- Nifty 50 Futures: 26,190 (-0.06%)
- Nifty Bank Futures: 59,867 (-0.08%)
- Nifty IT Futures: 37,538 (-0.12%)
- Nifty Midcap Futures: 14,188 (+0.44%)
Banks cautious pre-policy; midcaps buck trend on domestic buying support.
Top Movers (Dec 02 Close)
| Gainers | Losers |
|---|---|
| Asian Paints (+3.15%) | IndiGo (-2.50%) |
| Dr Reddy's (+1.30%) | ICICI Bank (-1.80%) |
| Maruti Suzuki (+0.92%) | Reliance (-1.20%) |
Defensives lead gains; financials drag on outflow worries and rupee slide.
Latest Global & Indian Market News
RBI MPC Kicks Off Today
Committee begins two-day meet; markets eye stance on rates amid rupee volatility and growth-inflation balance.
FII Selling Deepens to Rs 3,642 Cr on Dec 2
Outflows accelerate on trade uncertainties; DIIs absorb with Rs 4,646 Cr buys, stabilizing sentiment.
Asian Paints Surges on Strong Q2 Outlook
Volume growth and pricing power drive rally; peers like Berger follow amid consumer resilience.
China Services PMI at 52.1
Growth slows to five-month low but stays expansionary; export orders lift hopes for global recovery.
Adani Ports Acquires Container Terminal Stake
Rs 2,000 Cr deal expands logistics play; positive for infra theme amid capex push.
Bitcoin Stabilizes Post-Selloff
Crypto rebounds 2% to $85,000; eases pressure on risk assets as Wall Street extends gains.
Options Analysis
Nifty 50 Options Open Interest (OI)
Max Call OI at 26,200 strike signals resistance; max Put OI at 26,000 provides support, pointing to range-bound action near 26,000-26,200.
| Strike | Call OI (K) | Put OI (K) |
|---|---|---|
| 26,000 | 25,000 | 38,000 |
| 26,200 | 30,000 | 28,000 |
| 26,400 | 35,000 | 25,000 |
Chart: Nifty 50 OI distribution below.
Disclaimer: Market data is based on the latest available information. GIFT Nifty price and other futures data are indicative and must be verified in real-time before trading. Investments are subject to market risks.
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