The Indian stock market opened December on a balanced note as global cues remained mixed. Investors entered the month cautiously due to global inflation signals, crude oil movement, and FII activity. This quick report highlights today’s market trend, index movements, and important levels for traders and long-term investors.
Nifty 50 — Today’s Trend
- Opening: Mildly positive due to stable Asian markets
- Support Levels: 20,050 and 19,980
- Resistance Levels: 20,230 and 20,310
- Sentiment: Neutral-to-positive for the first week of December
Sensex — Key Points
- Support: 66,950
- Resistance: 67,500
- Trend: Range-bound due to FII outflow pressure
Global Market Influence
Global cues remained mixed as U.S. futures traded flat and Asian markets showed slight positivity. Crude oil prices softened, which supports Indian markets. Dollar Index weakness also contributes to stability in emerging markets.
Sector Watch for Today
- Strong: IT, FMCG
- Weak: Metals, Realty
- Neutral: Banking
What Traders Should Watch
- India VIX stability below 13
- Bank Nifty levels near 44,000
- FII/DII data by market close
- Global futures overnight trend
Useful Links
✔ This completes the Daily Market Overview for 1 December.
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