Nifty 50 Roars Back: Turns Positive Up 0.1% After Tense Pre-Open Dip!

Market Rebound Dynamics

After opening lower around 25,982 amid GIFT Nifty weakness at 26,096 (-0.15%), the benchmark index clawed back, touching intraday highs near 25,989. This marks relief from yesterday's 0.2% drop to 25,986, driven by FII selling (₹3,207 cr) and rupee past 90/USD, but DII support and value picks fueled the uptick. Sensex mirrored gains, with eyes on weekly expiry and Dec 5 RBI meet.​

Key Highlights

Index Snap: .NSEI +0.1% (~26 pts from open); day range 25,939-25,989 vs prev close 25,986.​

Session Shift: Pre-open -0.02%; GIFT Nifty flat-mixed at 26,097 (-0.14%), Asian peers up (Nikkei +1.14%).​

Gainers' Lift: ICICI Bank +1.35%, Hindalco +1.17%; losers like Kotak Bank -7.44%, Bajaj Finance -3.64% capped breadth.​

Broader View: Support holds 25,950; resistance 26,200; FII/DII flows, US Fed odds key triggers.​

Sources: Reuters (RTRS), NSE India, Moneycontrol, Upstox