Weekly Update- 05 December 2025

NIFTY50

Nifty slipped by 16.5 points (-0.06%) to close at 26,186. The week began with a gap-up opening but faced consistent selling pressure from higher levels for the first three sessions, pushing the index toward the key support zone near 25,900. However, sentiment improved sharply after the RBI monetary policy announcement, where a 25 bps rate cut triggered a strong recovery from lower levels. Notably, the IT sector outperformed throughout the week, lending additional support to market sentiment. For the upcoming week, support is placed around 25,900 and resistance near 26,300, with the broader view remaining buy on dips.

BANKNIFTY

Bank Nifty gained 24.5 points (+0.04%) to close at 59,777. The week began with a gap-up but faced sustained selling pressure from higher levels through the first three sessions, pushing the index toward the key support zone around 58,900. Stability returned mid-week, and the index recovered sharply after the RBI monetary policy announcement, where a 25 bps rate cut improved sentiment. Throughout the week, private banks outperformed PSU banks, providing relative strength to the index. For the coming week, support lies near 58,900, while resistance is around 60,100, with a continued buy-on-dips view.

TOP GAINING SECTOR

NIFTY IT was top gainer sector for the week

Major gainers were:-

MPHASIS:- up by 5.06%

WIPRO:- up by 4.16%

COFORGE:- up by 3.63%

TECHM:- up by 3.53%

TOP LOSING SECTOR

NIFTY IND DEFENCE was top losing sector for the week

Major losers were:-

GRSE:- down by 11.54%

PARAS DEFENCE:- down by 3.84%

HAL:- down by 2.19%

BEL:- down by 1.18%

IMPORTANT NEWS

• The Reserve Bank of India’s (RBI) monetary policy concluded on December 5 amid mixed market views and an extremely complex set of data. With the field set tight and bowlers anticipating an edge, the RBI played a confident hook shot for a boundary with a 25-bps rate cut.

• US stocks closed out the trading week with slight gains on Friday as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest rate cut next week intact.

• Putin’s visit to India for the 23rd summit highlighted a new economic cooperation program aiming for $100 billion in trade by 2030. The partnership is set to enhance sectors like defense, energy, and manufacturing while addressing geopolitical challenge.

• Speaking at HTLS 2025, Finance Minister Nirmala Sitharaman discussed the Indian rupee’s performance against the dollar, emphasising the need to focus on current economic fundamentals. Despite the rupee’s decline, she remains optimistic about India’s growth trajectory.

• Securities and Exchange Board of India (Sebi), on Friday, 5 December 2025, proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, with the aim of streamlining the registration process.