Morning Asia @ 7:00 AM –– Monday, December 1st 2025

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

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.

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