Category Archives: Morning Asia

Our Call of the Day: A wrecking ball is still dangling — signaling that a major, potentially damaging move could be just around the corner.

Our Chart of the Day: “Bears roar louder and hold the advantage, but bulls aim to hold their ground — 25,703 remains Nifty’s make-or-break level.”

So, Nifty bulls will hope that the RBI cuts rates by 25 bp bringing down the policy repo rate to 5.25% as inflation is set to remain well below target for the foreseeable future

Please note, India’s GDP grew a strong 8.2% in the September quarter, while CPI inflation eased to a record low of 0.25% in October 2025. This marks the ninth straight month below the RBI’s 4% target and the third month below its 2% lower tolerance band — strengthening calls for the central bank to cut rates further.

Hopefully, a rate cut from the RBI works as the magical spark that could revive momentum and put the rally back on track.

What Technicals Tells Us On Nifty:

Technically, Nifty’s near-term trend stays vulnerable as long as it trades below its all-time high of 26,326, with sellers defending every bounce.

Bottom-line: All eyes are on the RBI’s MPC decision at 10:00 AM, with traders bracing for a possible rate cut.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-6, 26184)
Dow Futures: (+30, 47881)
Nasdaq 100 Futures (+44, 25626)

Nikkei (-739, 50290)
Hang Seng (-103, 25833)

Dow Jones (-32, 47851)
Nasdaq Composite (+51, 23505)
Bovespa (+2700, 164456).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street’s major indices hit pause on Thursday, but the rising odds of looser monetary policy powered small-caps higher — the Russell 2000 jumped 0.8% to a fresh all-time closing high of 2,531.

Net-net, it was a choppy session for US stocks in Thursday’s trade as the street weighed the latest jobs data against expectations for a rate cut at next week’s Federal Reserve meeting.

The positive takeaway however was that small caps rallied hard on hopes for lower interest rates, while speculation over a Magnificent 7 stock’s massive spending cuts kept the Nasdaq Composite above water.

Gold prices ($4203 per ounce) was in consolidative mode after prices reached a six-week peak. That said, mounting expectations of a US interest rate cut next week acted as positive catalyst.

Meanwhile, gold is up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($59.30) are trading with slight positive bias as traders monitored geopolitical developments as Ukrainian strikes on Russian oil infrastructure and stalled peace negotiations which dimmed hopes for a near-term restoration of Russian supply. Ukraine struck the Druzhba oil pipeline in Russia’s Tambov region, the fifth attack on the route supplying Hungary and Slovakia, though the operator and Hungary’s oil company said flows remained normal.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

The Good News: In overnight trade, Wall Street indices logged solid back-to-back gains and most importantly, are at the doorsteps of fresh new record territory.

The Positive catalyst: ‘Bad news is good news again’ as Fed rate-cut expectations rise after surprisingly weak ADP jobs data for November.

Hopefully, the renewed optimism from Wall Street could lend support to Indian equities.

So, amidst this backdrop, the large wave of selling doesn’t seem probable. In fact, dip buying should be the gyan mantra.

Nifty could also attract buying at lower levels on hopes of an RBI rate cut on December 5.

Long Story Short: Bulls may to regroup at lower levels. Aggressive risk-on sentiment appears likely today — only if Nifty manages to hold its big support at 25851 mark.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-43, 26093)
Dow Futures: (+90, 47973)
Nasdaq 100 Futures (+5, 25612)

Nikkei (+555, 50420)
Hang Seng (+43, 25804)

Dow Jones (+408, 47883)
Nasdaq Composite (+40, 23454)
Bovespa (+663, 161755).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street wrapped up Wednesday’s session on a firm footing, supported by:

1) Rising confidence in an improving corporate earnings outlook

2) Growing expectations of a Federal Reserve rate cut on December 10

The Street is keenly awaiting President Donald Trump’s signal on the next Fed Chair.

Trump said he will reveal his choice in early 2026, though markets remain far more focused on the upcoming Fed meeting for immediate policy cues.

The ADP National Employment Report has all but sealed a rate cut at the next Fed meeting. Private-sector payrolls were down 32,000 in November vs a FactSet-compiled consensus forecast for 40,000 new jobs.

CME FedWatch shows an 89.2% probability the Federal Open Market Committee will cut interest rates by 25 basis points when it meets next week.

Gold prices ($4210 per ounce) was in consolidative mode after prices reached a six-week peak. That said, mounting expectations of a US interest rate cut next week acted as positive catalyst.

Meanwhile, gold is up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($59.05) are trading with negative bias as traders monitored geopolitical developments in Venezuela and Ukraine and their potential impact on oil supply. Attacks on Russian energy assets also weighed against the lingering view of an oversupplied market.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

The Good News: Expectations remain elevated for a strong year-end finish for Nifty. However, it increasingly appears that a rate cut from both the RBI and the Fed may be the spark needed to reignite positive momentum.

The positive catalysts for the day: The renewed optimism from Wall Street could lend support to Indian equities.

So, amidst this backdrop, the large wave of selling doesn’t seem probable. In fact, dip buying should be the gyan mantra.

Long Story Short: Bulls may to regroup at lower levels. Aggressive risk-on sentiment appears likely today — only if Nifty manages to hold its biggest support at 25951 mark.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-7, 26200)
Dow Futures: (+91, 47565)
Nasdaq 100 Futures (+27, 25583)

Nikkei (+403, 49705)
Hang Seng (-114, 25981)

Dow Jones (+185, 47475)
Nasdaq Composite (+138, 23414)
Bovespa (+2481, 161092).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street bounced back overnight, with dip-buying pushing the Nasdaq to lead the rebound.

The Street was keenly awaiting President Donald Trump’s signal on the next Fed Chair. Trump said he will reveal his choice in early 2026, though markets remain far more focused on the upcoming Fed meeting for immediate policy cues.

CME FedWatch shows an 89.2% probability the Federal Open Market Committee will cut interest rates by 25 basis points when it meets next week.

As on Tuesday’s closing bell, the Nasdaq Composite gained 0.6% to 23,413, the blue-chip Dow Jones Industrial Average was up 0.4% at 47,474, and the broad-based S&P 500 had risen 0.3% to 6,829.

Gold prices ($4205 per ounce) slipped a bit as investors booked profits after prices reached a six-week peak. That said, mounting expectations of a US interest rate cut next week acted as positive catalyst.

Meanwhile, gold is up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($58.70) are trading with negative bias as traders monitored geopolitical developments in Venezuela and Ukraine and their potential impact on oil supply.

US President Trump held a meeting on Venezuela after tensions escalated, with Trump warning during the weekend that the country’s airspace should be considered closed. Meanwhile, Ukraine has carried out repeated strikes on energy facilities belonging to the OPEC+ producer.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Gift Nifty hints at a cautious start as the buzz is that the overnight pessimism at Wall Street could spill over to Indian equities.

So, for today, the mantra is simple: discipline over excitement.

1) Buy selectively on dips
2) Avoid chasing strength blindly
3) Manage leverage with caution — not emotion

Long Story Short: Caution is advised as strong risk-on sentiment appears unlikely today — however, a large wave of selling also doesn’t seem probable.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-25, 26335)
Dow Futures: (+38, 47327)
Nasdaq 100 Futures (+45, 25388)

Nikkei (+277, 49580)
Hang Seng (+155, 26189)

Dow Jones (-427, 47289)
Nasdaq Composite (-90, 23276)
Bovespa (-461, 158611).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street kicks off December in the red.

Investors appear cautious, even as hopes for another Federal Reserve rate cut continue to build. The mood suggests traders are willing to wait for confirmation rather than chase optimism.

At the closing bell, the broad-based S&P 500 was down 0.5% at 6,812, the blue-chip Dow Jones Industrial Average had shed 0.9% to 47,289, and the tech-heavy Nasdaq Composite was off 0.4% at 23,275.

Gold prices ($4225 per ounce) jumped higher towards its 1-month high as investors continued to bet on a Federal Reserve rate cut next month.

Markets are currently pricing in an 87% probability of a 25 bps cut at the Fed’s final policy meeting of the year.

Meanwhile, gold is up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($59.53) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter + growing optimism over a potential Ukrainian peace agreement which could ease restrictions on Russian oil, added to the downward pressure.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

🇮🇳

Gift Nifty signals a steady start as cautious optimism greets Dalal Street on the first trading day of December 2025.

Meanwhile, Nifty breaking into fresh record highs in last week’s trade officially marks the end of a 14-month consolidation phase — and sets the stage for what could be the next leg of the rally.

But for today, the mantra is simple: discipline over excitement.

1) Buy selectively on dips
2) Avoid chasing strength blindly
3) Manage leverage with caution — not emotion

Long Story Short: Momentum is bullish. The trend is strong. But in bull markets, it’s smart positioning — not excitement — that creates wealth.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+120, 26507)
Dow Futures: (-143, 47573)
Nasdaq 100 Futures (-169, 25266)

Nikkei (-749, 49507)
Hang Seng (+87, 25946)

Dow Jones (+289, 47716)
Nasdaq Composite (+151, 23366)
Bovespa (+712, 159072).

WHAT HAPPENED AT WALL STREET IN FRIDAY’s TRADE:

Wall Street finished November on a strong footing, with Friday’s shortened post-Thanksgiving session closing higher — S&P 500 +0.5%, Nasdaq +0.8%, and Dow +0.6%.

Risk appetite was clearly back, as investors now price in an 80–85% probability of a Fed rate cut in the coming weeks.

Gold prices ($4231 per ounce) jumped higher towards its 1-month high as investors continued to bet on a Federal Reserve rate cut next month.

Additionally, Kevin Hassett, viewed as a leading contender to replace Jerome Powell, has also signalled support for lower rates,

Markets are currently pricing in an 83% probability of a 25 bps cut at the Fed’s final policy meeting of the year.

Meanwhile, gold scaled higher for its fourth straight monthly gain — up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($59.50) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter + growing optimism over a potential Ukrainian peace agreement which could ease restrictions on Russian oil, added to the downward pressure.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Gift Nifty is pointing to a steady start as November draws to close.

Nifty breaking into fresh record highs officially marks the end of a 14-month consolidation phase — and sets the stage for what could be the next leg of the rally.

But for today, the gyan mantra says to be disciplined:

 Buy selectively on dips
 Avoid chasing strength blindly
 Manage leverage with caution — not emotion

Long Story Short: Momentum is bullish, but smart positioning wins bull markets — not excitement.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+15, 26421)
Dow Futures: (+109, 47536)
Nasdaq 100 Futures (+81, 25318)

Nikkei (-12, 50156)
Hang Seng (+65, 26011)

Dow Jones (Closed, 47427)
Nasdaq Composite (Closed, 23215)
Bovespa (-195, 158360).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Both U.S. stock and bond markets remained closed on Thursday in observance of the Thanksgiving holiday. Trading will resume today (Black Friday), although market hours will be shortened, with U.S. equity markets scheduled to close early.

November has been a challenging month for U.S. equities, with all three major indices in the red. Latest positioning shows:

S&P 500: ▼ 1.09%
Dow Jones: ▼ 0.54%
Nasdaq 100: ▼ 2.92%

Gold prices ($4185 per ounce) remained near a two-week high as investors continued to bet on a Federal Reserve rate cut next month.

Markets are currently pricing in an 83% probability of a 25 bps cut at the Fed’s final policy meeting of the year.

Adding to the dovish sentiment, President Trump’s top economic adviser, Kevin Hassett, is now seen as the frontrunner for the Fed chair position, with expectations he will pursue lower rates.

Meanwhile, gold remains in demand and is on track for its fourth straight monthly gain — up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($58.70) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter + growing optimism over a potential Ukrainian peace agreement which could ease restrictions on Russian oil, added to the downward pressure.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

It’s likely to be a banner day for Nifty, Sensex and Bank Nifty. We believe Nifty should comfortably cross its all-time-high at 26277.35 mark.

The positive catalyst: Reports suggest that Kevin Hassett is the leading candidate for Fed chair –– reinforced expectations of easier policy ahead.

Well, lower U.S. interest rates typically boost the appeal of emerging markets like India, making them more attractive destinations for foreign capital.

Bottom-line: A breakout above 26,277.35 won’t just set a new record — it would officially end a 14-month consolidation and potentially trigger the next leg of Nifty’s rally.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+25, 26415)
Dow Futures: (+43, 47470)
Nasdaq 100 Futures (+42, 25269)

Nikkei (+632, 50191)
Hang Seng (+37, 25945)

Dow Jones (+315, 47427)
Nasdaq Composite (+189, 23215)
Bovespa (+2645, 158555).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street ringed massive gains for the 4th straight day in overnight trade.

The Positive Catalyst: The street is betting that the Fed will cut rates in December.

According to CME FedWatch, futures traders are pricing in an 83% probability of a quarter-point rate cut next month, up from 50% one week ago.

Wall Street is closed on Thursday for the Thanksgiving holiday, while the stock and bond markets will close early on Friday.

Gold prices ($4165 per ounce) jumped higher to a near two weeks high on expectations for looser US policy which lowered the US dollar and cut the opportunity cost of holding bullion.

WTI crude oil futures ($58.70) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter + growing optimism over a potential Ukrainian peace agreement which could ease restrictions on Russian oil, added to the downward pressure.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

Gift Nifty signals a positive start this Wednesday morning, pointing toward a gap-up open.

And that leads us to our Call of the Day: Optimism is likely to dominate the trading session all-thru the close, inspired by Wall Street’s overnight strength.

The encouraging setup? Nifty looks poised to align with the global market uptrend, with bulls likely attempting to push the index back above the psychological 26,000 level.

Bottom-line: Nifty bulls will still aim to take over the positive baton from Wall Street’s strength and there is a bright chance Nifty bulls set their sight on 26277.35 mark.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+107, 26151)
Dow Futures: (+106, 47216)
Nasdaq 100 Futures (+36, 25055)

Nikkei (+922, 49567)
Hang Seng (+152, 26047)

Dow Jones (+664, 47112)
Nasdaq Composite (+154, 23026)
Bovespa (+633, 155910).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street rings massive gains for the 3rd straight day driven by: Renewed hope for another Fed rate cut in December

According to CME FedWatch, futures traders are pricing in an 83% probability of a quarter-point rate cut next month, up from 50% one week ago.

Interestingly, Tuesday’s gains at Wall Street came even after the benchmarks tumbled to notable losses in mid-morning trading, the blue-chip Dow Jones Industrial Average closed up 1.4% at 47,112, the broader S&P 500 added 0.9% to 6,765, and the tech-heavy Nasdaq Composite gained 0.7% to 23,025.

Gold prices ($4145 per ounce) jumped higher after dovish comments from New York Fed President John Williams and Fed Governor Christopher Waller strengthened expectations of a 25bps rate cut in December, with odds rising to around 79% as per CME FedWatch.

WTI crude oil futures ($58.09) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter. The group now estimates global supply exceeded demand by about 500,000 barrels per day, reversing its prior deficit forecast.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

This Tuesday morning, Gift Nifty is indicating a cautious optimistic start and that brings us to our call of the day which suggests any intraday strength, the rebound could be bit ephemeral…could be bit short lived.

Nifty badly needs a big positive trigger.

Hopefully, optimism surrounding potential US–India trade agreement becomes a reality and lifts Nifty above 26277.35 mark.

Volatility could be the hallmark of day’s trading as traders brace for November F&O expiry on Tuesday, November 25th 2025.

Bottom-line: Nifty bulls will still aim to take over the positive baton from Wall Street’s strength and we believe, bulls will aim to regroup at lower levels.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+27, 25992)
Dow Futures: (-11, 46438)
Nasdaq 100 Futures (+14, 24888)

Nikkei (+412, 49037)
Hang Seng (+232, 25949)

Dow Jones (+203, 46448)
Nasdaq Composite (+599, 22872)
Bovespa (+507, 155278).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street ringed gains for the 2nd straight day in overnight trade driven by:

1) Renewed hope for another rate cut in December
2) Refreshed faith in the AI trade.

Wall Street is closed on Thursday for the Thanksgiving holiday, while the stock and bond markets will close early on Friday.

Gold prices ($4130 per ounce) jumped higher ahead of key economic cues, with investors awaiting Tuesday’s US retail sales and producer price index (PPI) data, followed by weekly jobless claims on Wednesday.

Meanwhile, dovish comments from New York Fed President John Williams and Fed Governor Christopher Waller strengthened expectations of a 25bps rate cut in December, with odds rising to around 79% as per CME FedWatch.

WTI crude oil futures ($58.70) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter. The group now estimates global supply exceeded demand by about 500,000 barrels per day, reversing its prior deficit forecast.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

This Tuesday morning, Gift Nifty is indicating a cautious optimistic start and that brings us to our call of the day which suggests any intraday strength, the rebound could be bit ephemeral…could be bit short lived.

Nifty badly needs a big positive trigger.

Hopefully, optimism surrounding potential US–India trade agreement becomes a reality and lifts Nifty above 26277.35 mark.

Volatility could be the hallmark of day’s trading as traders brace for November F&O expiry on Tuesday, November 25th 2025.

Bottom-line: Nifty bulls will still aim to take over the positive baton from Wall Street’s strength and we believe, bulls will aim to regroup at lower levels.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+27, 25992)
Dow Futures: (-11, 46438)
Nasdaq 100 Futures (+14, 24888)

Nikkei (+412, 49037)
Hang Seng (+232, 25949)

Dow Jones (+203, 46448)
Nasdaq Composite (+599, 22872)
Bovespa (+507, 155278).

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

Wall Street ringed gains for the 2nd straight day in overnight trade driven by:

1) Renewed hope for another rate cut in December
2) Refreshed faith in the AI trade.

Wall Street is closed on Thursday for the Thanksgiving holiday, while the stock and bond markets will close early on Friday.

Gold prices ($4130 per ounce) jumped higher ahead of key economic cues, with investors awaiting Tuesday’s US retail sales and producer price index (PPI) data, followed by weekly jobless claims on Wednesday.

Meanwhile, dovish comments from New York Fed President John Williams and Fed Governor Christopher Waller strengthened expectations of a 25bps rate cut in December, with odds rising to around 79% as per CME FedWatch.

WTI crude oil futures ($58.70) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter. The group now estimates global supply exceeded demand by about 500,000 barrels per day, reversing its prior deficit forecast.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.