Indian markets are set for a cautious open, mirroring mixed global cues and domestic policy anticipation.

• Subdued start indicated by Gift Nifty, down ~20 points.

• RBI MPC meeting today key for rate-sensitive sectors.

• Selective buying seen in auto ancillaries and banking.

• Birlasoft a standout buy call (Target: ₹445-450).

• Monitor RBI's liquidity stance for banking sentiment.

The Indian markets exhibited a bearish sentiment on December 02, 2025, closing lower for the second consecutive day amid profit booking, a weakening rupee, and persistent foreign investor outflows, despite robust long-term growth projections. Key overarching themes included market corrections pressured by global cues and domestic currency depreciation, alongside optimism from upcoming IPO activity and economic forecasts.

• Sensex plunges 504 points; investors lose nearly ₹2 lakh crore.
• Rupee hits record low of 89.97 against the US dollar.
• Nomura forecasts Nifty to reach 29,300 by end-2026.
• December IPOs expected to raise nearly ₹30,000 crore.
• US equities rise amid Fed rate cut optimism.

The Indian markets displayed a volatile sentiment on December 01, 2025, slipping after initial surges driven by robust GDP data, amid anticipation for RBI's policy decision and global yield pressures. Key themes included monetary policy expectations, corporate value creation recognitions, and sector-specific stock movements influenced by domestic and international cues.

• Markets slip post-record highs amid RBI policy anticipation.
• RBI expected to cut key interest rate by 25 bps.
• UltraTech Cement leads gainers; Max Healthcare among losers.
• Analysts highlight RBI cut and FII bets as triggers.
• Dun & Bradstreet honors India's top value creators.