After hitting fresh highs earlier in the day, the market has turned flat in intraday trade. The Sensex is now hovering around 85,880, up 173 points or 0.20%, while the Nifty is trading at 26,246, slightly higher by 43 points or 0.16%. The momentum has cooled off, but the indices are still holding in positive territory.
The Indian stock market started the first trading day of December 2025 at a record high. The Sensex opened at 86,065.90, showing an uptick of 0.42%, while the Nifty began the session at 26,325.80, up 0.47%.
The Nifty Bank also followed the broader trend and opened at 60,102.10, marking a rise of 0.58%.
Let’s take a look at the key factors to watch out in today’s trading session –
Top gainers
In the opening hours, several heavyweights from the Sensex basket showed strong movement. The leading gainers in early trade included Axis Bank, HDFC Bank, Adani Ports, L&T, Sun Pharma among other key stocks .
Key losers
While the broader market opened firm, a few stocks came under early pressure. The notable laggards during the initial trading window were ITC, Titan, TCS, Asian Paints.
Stocks to Watch: Auto sales, reshuffles and corporate actions
A mix of domestic cues is likely to guide stock-specific action today. November auto sales numbers are expected to set the tone for auto and ancillary companies, with investors watching how demand shaped up ahead of the year-end.
Market participants will also track developments in companies linked to index reshuffles, quarterly updates, fundraising plans and regulatory actions. Among the stocks that could see movement are Lenskart, HUL, HDFC Bank, Dalmia Bharat, ICICI Bank, IRFC, Tejas Networks and a few others involved in fresh project wins or operational changes.
Market Outlook: Tracking flows, fundamentals and global signals
Speaking on the overall mood in the market, Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments pointed out that, “New record at the index level but no celebration in the market’ is the unique feature of the ongoing rally in the market. The excellent Q2GDP numbers at 8.2%, particularly the impressive growth in manufacturing, services, and final consumption expenditure, have the potential to take the market higher. The modest nominal growth at 8.7% due to low GDP deflator is disappointing, from the market perspective.”
Maket veteran Ajay Bagga explained that apart from GDP, the markets aretracking other fundamental factors too. Additionally, the muted nominal GDP is a key number that the street is watchout for – “The zero level WPI and low CPI means the GDP deflator is at 0.5% , and the nominal GDP at 8.7% is much below what the Union Budget math demands and what is needed for India . The RBI MPC meets from December 3-5 and we expect a 25 basis points rate cut to stimulate the economy. The Winter session of Parliament starts today, expect total disruption by the opposition but the government will be able to pass key reform bills given its majority. The Rupee weakened on the month end oil importers bulk dollar payments.”
According to Shrikant Chouhan, Head Equity Research, Kotak Securities, “Technically, it has formed a promising reversal pattern on daily and intraday charts, and it is also holding a higher bottom formation on daily charts, which is largely positive. We are of the view that the short-term market outlook is positive and uptrend formation is likely to continue in the near future.”