Even though the stock market may have closed under pressure on Friday, both Sensex and Nifty are seeing a rise on Monday. The main reason for which is the GDP figures that came on Friday. According to the government’s estimates, the second quarter GDP figures have been seen to be more than 8 percent. Which was much better than expected. The effect of which is clearly visible in both Sensex and Nifty on Monday. An increase of more than 450 was seen in the Sensex in early trading and the Sensex once again went above the level of 86,150. Nifty also reached record level and was seen trading beyond 26,300. Due to this initial surge, stock market investors have made a profit of more than Rs 3 lakh crore. Let us also tell you what kind of figures are being seen in Sensex and Nifty.
452.35
Stock market at record level
On the first day of the month, the stock market is seen trading at a record level. If we look at the data, Bombay Stock Exchange’s main index Sensex rose by 452.35 points to reach 86,159.02 points. Which is the new life time high of Sensex. Whereas at 9.45 am the Sensex is trading at 86,022.65 points with a gain of 306.09 points. However, the Sensex had opened with 86,065.92 points. On Friday, the Sensex closed with a slight fall at 85,706.67 points.
On the other hand, Nifty, the main index of the National Stock Exchange, is also seeing a rise. According to the data, Nifty rose by about 123 points to 26,325.80 points, which is a new life time record of Nifty. By the way, Nifty is trading at 26,290.65 points with a rise of about 88 points at 10:50 am. By the way, Nifty had opened with a rise this morning at 26,325.80 i.e. a record level. However, on Friday Nifty closed at 26,202.95 points with a slight rise.
There was a rise in these shares
Among the 30-share Sensex, BEL, Tata Motors Passenger Vehicles, SBI, Tata Steel and HCL Tech were the top gainers, rising over one per cent each. Bajaj Finance, ITC and Titan Co were the only laggards, falling 0.2% each. The broader market also remained strong, with small-caps and mid-caps opening 0.6% and 0.4% higher, respectively. The GDP data has beaten all forecasts, instilling confidence in domestic demand and cementing India’s position as a market par excellence at a time when global cues remain uneven.
condition of foreign markets
US stock markets rose in the brief post-Thanksgiving session on Friday, with gains in the retail sector and a rally in the tech sector boosting major indices. Better expectations of a Federal Reserve cut in interest rates in December kept market sentiment strong throughout the week. The Dow Jones Industrial Average rose 0.61 percent to 47,716.42, the S&P 500 rose 0.54 percent to 6,849.09 and the Nasdaq Composite added 0.65 percent to 23,365.69.
Asian markets started the last month of 2025 with a stable trend due to optimism about a US interest rate cut ahead of the release of key economic data. Investors also took into account the possibility of interest rates increasing in Japan in the near future, which strengthened the yen. MSCI’s broadest Asia-Pacific index outside Japan remained steady at 703.19, up 23.5 percent so far this year and its strongest annual performance since 2017. While Japan’s Nikkei fell 1.3 percent in early trade.
Gold prices fell in early Asian trading on Monday, falling from nearly three-week highs as investors booked profits despite strong expectations of a US interest rate cut later this month. Meanwhile, silver reached record high. Spot gold fell 0.2 per cent to $4,221.68 an ounce, after touching its highest level since November 13 in the previous session.
Local investors made purchases
On the institutional front, foreign institutional investors (FIIs) sold shares worth Rs 3,795 crore on November 28, while domestic institutional investors (DIIs) were net buyers worth Rs 4,148 crore.
effect of crude oil
Oil prices rose as much as 1.5 percent on Monday after OPEC+ confirmed plans to freeze production growth in the first quarter of next year, while the possibility of US action against Venezuela increased market uneasiness. Bent crude later pared gains but was up 0.98 per cent at $62.99 a barrel, and US West Texas Intermediate rose 0.99 per cent at $59.12 a barrel.
Rupee flat against dollar
On the other hand, the dollar is under pressure on the first day of December. By the way, the rupee has opened flat. But due to the rise in crude oil prices and selling by foreign investors, the rupee is under pressure. Experts say that a sharp fall in the rupee may be seen during the trading session.
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