What to expect from Indian stock market in trade on December 1 after strong Q2 GDP growth

By Admin

01 Dec, 2025

India’s stock market is set for an upbeat start to December as stronger-than-expected Q2 GDP data lifts investor sentiment. With benchmark indices showing resilience and global markets remaining mixed, traders are gearing up for an active session. Early cues from Gift Nifty point toward a positive open, indicating bullish momentum may continue.

Here’s a detailed look at what to expect from Sensex, Nifty 50, and Bank Nifty in today’s trade.

Gift Nifty Signals a Strong Start

The Gift Nifty was trading near 26,530, showing a premium of about 143 points over the previous Nifty futures close. This suggests a gap-up opening for Indian benchmark indices as markets react to robust GDP numbers.

On Friday, markets ended flat to slightly lower, with

• Sensex down 13.71 points at 85,706.67
  
  

• Nifty 50 down 12.60 points at 26,202.95
  
  

Despite this mild dip, the broader trend remains positive, and higher GDP growth has injected fresh optimism.

Sensex: Short-Term Trend Favors Bulls

Sensex has formed a reversal pattern on daily and intraday charts while maintaining a higher bottom formation, signalling strength.

Key Levels:

• Support: 85,300 and 85,000
  
  

• Resistance / Upside Target: 86,100 initially; extended targets at 86,500 – 86,800
  
  

Amol Athawale from Kotak Securities believes the short-term outlook remains positive. He warns that any fall below 85,000 may trigger weakness, possibly dragging the index towards 84,500 – 84,300.

Market analyst Mayank Jain adds that 86,000 – 86,100 is a crucial resistance zone. A breakout here could push Sensex to fresh all-time highs.

Nifty OI Data: Derivatives Indicate Bullish Undertone

Derivatives data continues to reinforce market strength.

According to Ponmudi R (Enrich Money):

• Put OI > Call OI, indicating strong positional support.
  
  

• Heavy Put buildup: 26,000 – 26,100
  
  

• Consistent Call writing: 26,300 – 26,500
  
  

This creates a solid support base below and a defined supply zone above, helping traders map their strategies.

Nifty 50: Uptrend Intact Despite Choppy Moves

Nifty 50 formed a small negative candle on Friday with minor upper and lower shadows, indicating a pause after Wednesday’s strong rally. For the week, Nifty gained 0.52%, showing mild hesitation at higher levels.

Experts believe this narrow-range movement could be part of an uptrend continuation pattern.

Nagaraj Shetti (HDFC Securities) notes that the next upside target is around 26,600, with immediate support at 26,050.
Nilesh Jain (Centrum Broking) highlights the importance of the 21-DMA at 25,890, warning against chasing the index at elevated levels.

Dr. Praveen Dwarakanath (Hedged.in) cautions that Friday's insider candle and overbought indicators hint at a possible pullback. However, Mayank Jain suggests that a close above the 26,250 – 26,300 band could open the path towards 26,500+.

Bank Nifty: Bulls Firmly in Control

Bank Nifty closed with a minor gain at 59,752.70, forming a doji candle, indicating a temporary pause. However, weekly charts paint a far stronger picture, with a 1.5% gain supported by bullish indicators.

According to Sudeep Shah (SBI Securities):

• RSI remains in the super-bullish zone
  
  

• Weekly close above the upper Bollinger Band signals strong momentum
  
  

Targets:

• 60,300, followed by 61,000
  Support:
  
  

• 58,800 – 58,700 (aligned with 20-day EMA)
  
  

Ravi Singh (Master Capital Services) recommends buying on dips, suggesting fresh longs near 59,300 – 59,400 with a stop-loss at 58,800.

Market Outlook

With strong GDP numbers backing sentiment, Indian markets appear poised for a positive opening. While Nifty and Sensex show signs of temporary consolidation, the broader structure favors bulls across major indices.

However, analysts caution against aggressive buying at higher levels and advise traders to follow support-resistance zones closely.

Disclaimer: The views and predictions mentioned are those of individual market analysts and firms. Investors are advised to consult certified financial experts before making investment decisions.