Market Opening Bell - 3rd December: Nifty 50 down by 0.02% and Sensex down by 0.14%

On Thursday, the Indian stock market started the day trading in red, with the NIFTY 50 trading at 25,981.85, down by 0.02%, and the SENSEX down by 0.14% at 84,987.56, in the pre-trading session.Global cuesBoth Asian and U.S. markets traded mixed on hopes for rate cuts this month and a decline in tech stocks.Gift NiftyOn December 4, 2025, the GIFT Nifty traded lower amid mixed global market cues.Asian Markets ASIAN MARKETSLTPPrev closeChangeGIFT NIFTY26,061.5026,091.50-0.12%Nikkei 22550,596.2449,864.681.47%Hang Seng25,813.0725,760.740.20%Taiwan27,757.9927,793.04-0.13%KOSPI3,992.444,036.30-1.09% Nikkei traded in green after gains in Japanese chip manufacturers' stocks following Trump's meeting with Nvidia's CEO Jensen Huang.Hang Seng traded in green after the Chinese yuan hit its strongest level against the US dollar.TAIEX and KOSPI traded lower, dragged by the losses in tech stocks.US & European Markets US MARKETSLTPPrev closeChangeDOW JONES47,903.8947,495.460.86%S&P 5006,871.506,874.00-0.04%Nasdaq23,555.0023,580.50-0.12% The Dow Jones traded higher after weak ADP jobs data increased the chances of Fed rate cuts.Nasdaq and S&P 500 traded in the red, dragged down by losses in tech stocks, namely Microsoft, Nvidia, and Broadcom. EU MARKETSLTPPrev closeChangeFTSE9,692.079,701.80-0.10%CAC8,087.428,074.610.16%DAX23,693.7123,710.90-0.07% The UK’s FTSE traded in red after S&P Global UK Services PMI Business Activity Index dropped to 51.3 in November.The French index, CAC, traded higher, led by gains in Technology, Utilities, and Oil & Gas stocks.The German index DAX traded lower, dragged down by the Construction, Chemicals, and Insurance sectors.Commodities COMMODITIESLTP ($)Prev closeChangeBRENT CRUDE62.950062.67000.44%GOLD4,201.16004,203.2300-0.05%CRUDE OIL59.260059.18000.13%NATURAL GAS4.82204.8520-0.62%SILVER58.466058.5031-0.06% Crude oil prices rose after the U.S. and Russia failed to make a deal to end the war in Ukraine.Precious metals, such as gold and silver, declined after profit-taking during the recent rally.Natural gas prices traded lower after Atmospheric G2 shifted the weather forecast to warmer temperatures in the eastern and southern U.S for December 12-16.Currency Movements CURRENCYLTPPrev closeChangeDOLLAR INDEX98.970098.8700-0.10%USD/INR90.190089.8800-0.34%GBP/INR119.7655118.7410-0.86%EUR/INR105.0457104.3596-0.66% The dollar index traded in green after positive annual Industrial and Manufacturing production data.The rupee weakened against other currencies amid heavy selling by foreign investors.Sectors to watchMetals sector: Indian Iron ore imports doubled to over 10 million metric tons in the first 10 months of 2025, hitting a six-year high this year as steel mills imported the iron ore to overcome shortages of high-grade ore and benefit from the lower global prices.Telecom sector: According to a report by TRAI, Telecom service providers' gross revenue rose by 9.19% YoY in Q2 FY26 to a record high of Rs 99,828 crore.Oil & Gas Sector: Indian refiners are planning to issue a second tender to secure four more LPG cargoes from the U.S. on a short-term basis.Stocks to watchJK Cement: JK Cement commissioned a 3.3 million tonnes per annum (MnTPA) clinker Line–2 at its Panna plant in Bihar, increasing its clinker capacity from 3.30 MnTPA to 6.60 MnTPA.Rail Vikas Nigam: Rail Vikas Nigam received LoA from Southern Railways for designing, supplying, erecting, testing, and commissioning of traction substations (Scott Connected) in the Jolarpettai Junction–Salem Junction section of the Salem division of Southern Railway.Railtel Corporation of India: Railtel Corporation of India received an order from the Mumbai Metropolitan Region Development Authority (MMRDA) worth ₹48.78 crore.Oil and Natural Gas Corporation (ONGC): The Ministry of Petroleum & Natural Gas reappointed Arun Kumar Singh as Chairman of ONGC, extending the contract for one year, effective December 7.FII and DII Inflows - 3rd December 2025 CategoryBuy ValueSell ValueNet ValueDII17,188.0612,457.654,730.41FII/FPI11,134.9714,341.89-3,206.92 (The above numbers are in ₹ Cr)On 3rd December, inflows were ₹1,523.49 crore, with DIIs as net buyers and FIIs as net sellers, amid cautious market sentiment.Global Events & UpdatesOn December 4, the U.K. will release the S&P Global Construction PMI data.Italy will release its HCOB Construction PMI data today.The Eurozone will release its retail sales data today.Things to look out forThe HSBC India Composite PMI was reported at 59.7 in November 2025.The Eurozone PPI dropped to 0.5% YoY in October 2025.

Market Opening Bell - 3rd December: Nifty 50 down by 0.02% and Sensex down by 0.14%

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