Premarket Report – December 04, 2025
Premarket Updates
- GIFT Nifty Indicates Weak Open: GIFT Nifty futures at 26,070 (-0.27%), signaling a lower start for Nifty 50 amid ongoing FII outflows and global caution.
- Asian Markets Mixed: Nikkei up 0.3%; Hang Seng flat; Kospi down 0.45% as trade tensions weigh on sentiment.
- Banking Sector Cautious: HDFC Bank, Axis Bank dip ahead of earnings season with focus on asset quality and deposit growth.
- IT Stocks Steady: TCS, Wipro hold ground on US tech resilience and anticipation of holiday spending data.
- Auto Sector Holds: Mahindra & Mahindra, Eicher Motors firm on EV policy updates and export momentum.
- Rupee Weakens Further: Indian rupee at 90.11 (+0.25% vs USD), pressured by dollar strength and capital exits.
- FIIs Sell Off Continues: Net outflow of Rs 2,853 Cr on Dec 3; DIIs support with Rs 4,129 Cr inflows to cushion the market.
- Midcaps Slip: Nifty Midcap futures down 0.44% on profit-taking after recent rally in select names.
Global Market Insights
US Markets (Close Dec 03)
- Dow Jones: 47,883 (+0.86%)
- S&P 500: 6,850 (+0.30%)
- Nasdaq: 23,454 (+0.17%)
- VIX (CBOE): 16.08 (-3.07%)
Wall Street climbs on rate cut optimism; eyes on payrolls data and Fed commentary for policy clues.
Asia & Europe (Dec 04 Premarket)
- Nikkei 225: +0.3%
- Hang Seng: Flat
- Kospi: -0.45%
- Europe Futures: +0.1%
Asia trades mixed post-US gains; Europe edges up awaiting PMI surveys and ECB rate decision.
Commodities & Forex
- Brent Crude: $62.89 (+0.35%)
- Gold: $4,209 (+0.14%)
- US Dollar Index: 105.50 (+0.16%)
Oil ticks higher on demand hopes; gold supported by safe-haven flows amid geopolitical risks.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 26,070 (-0.27%)
- Nifty 50 (Dec 03 Close): 25,986.00 (-0.18%)
- Sensex (Dec 03 Close): 85,107 (-0.04%)
- India VIX: 11.21 (-0.13%)
Markets pare losses in late trade; focus shifts to corporate earnings and global cues for momentum.
Key Futures (Premarket)
- Nifty 50 Futures: 26,100 (-0.27%)
- Nifty Bank Futures: 59,750 (-0.27%)
- Nifty IT Futures: 37,500 (-0.30%)
- Nifty Midcap Futures: 14,050 (-0.44%)
Banks and IT align with broader caution; midcaps face valuation pressures post-rally.
Top Movers (Dec 03 Close)
| Gainers | Losers |
|---|---|
| Maruti Suzuki (+0.92%) | Thyrocare (-6.62%) |
| Dr Reddy's (+1.30%) | Sun Pharma Adv (-5.88%) |
| Eicher Motors (+0.75%) | Indian Bank (-5.43%) |
Autos show strength on policy tailwinds; pharma drags on regulatory concerns.
Latest Global & Indian Market News
Fed Minutes Signal Rate Pause
Officials divided on cuts; markets price in 75bps easing by mid-2026 amid cooling inflation.
FII Outflows Hit Rs 2,853 Cr on Dec 3
Selling intensifies on valuation worries; DIIs step in with Rs 4,129 Cr to limit downside.
Tata Motors Eyes Jaguar Land Rover Stake Sale
Potential $1 Bn deal with Chinese firm; boosts EV capex amid luxury segment recovery.
OPEC+ Delays Output Hike
Group sticks to cuts till Q2 2026; supports oil prices as demand outlook firms up.
Reliance Jio Inks Spectrum Deal
Rs 25,000 Cr acquisition expands 5G footprint; positive for telecom infra play.
ECB Holds Rates Steady
Lagarde flags data-dependent path; eurozone PMI contraction eases recession fears.
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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