Written by: Abhinav Ranjan
Updated Dec 3, 2025 18:30 IST
Nifty Prediction For Tomorrow By Experts, 4 December: Indian stock market closed in the red for fourth straight session
on Wednesday (December 3) amid persistent foreign fund outflows and profit-taking by investors ahead of the RBI MPC
outcome. The Nifty 50 index started the day on a gap-down note and witnessed continued selling pressure throughout the
day. It eventually settled on a negative note with a loss of 46.20 points or 0.18 per cent at 25,986 -- first closing
below 26,000-mark since November 25. Similarly, Sensex dipped 31.46 points or 0.04 per cent to settle at 85,106.81.
The Nifty Bank index, however, managed to give a positive closing as it added 74.45 points or 0.13 per cent to finish
the session at 59,348.25. The Nifty IT index was the winner as it settled 0.76 per cent higher. The Nifty PSU Bank lost
more than 3 per cent to emerge as the top loser after government clarified that it is not considering any proposal to
raise the FDI limit in public sector banks to 49 per cent, from the current 20 per cent.
In the broader market, the Nifty Midcap 100 and Nifty Smallcap 100 closed in the red with a cut of 0.98 per cent and
0.71 per cent, respectively. India VIX, the fear gauge index, slipped 0.13 per cent to sit at 11.21.
Top Gainers, Losers Today
In the Nifty 50 pack, 13 stocks gained while 37 declined. Wipro, Hindalco, TCS, ICICI Bank and HDFC Bank climbed more
than 1 per cent each. Infosys, Axis Bank, Dr Reddy's, Kotak Mahindra Bank, Power Grid and Tech Mahindra were other major
gainers. Max Health, Tata Consumer Products, Adani Enterprises and BEL lost more than 2 per cent each, followed by
Shriram Finance, M&M, IndiGo, SBI, Titan, NTPC, JSW Steel, HUL, ONGC, Nestle India, Bajaj Finserv, Adani Ports, TMPV,
Jio Financial Services, Maruti, Coal India, HDFC Life and L&T.
Vinod Nair, Head of Research, Geojit Investments, said that markets continued to consolidate as the rupee slid to a
record low, weighed down by FII outflows and ongoing trade uncertainties. The RBI’s policy decision this week will be
crucial, especially for banks, as rate cut probability has reduced post the strong Q2 GDP data.
Nifty Support And Resistance Tomorrow
Nandish Shah, Deputy Vice President, HDFC Securities, said that Nifty has broken the psychological level of 26000 but
managed to close above its 20 DEMA support (around 25950). A level above 20 DEMA and previous swing low of 25842 have
kept the hope alive for Nifty bulls.
On the upside, the zone of 26150 to 26200 is an immediate resistance for Nifty, the market expert said.
Hitesh Tailor, Research Analyst, Choice Equity Broking, said that Nifty has immediate support in the range of 25,800 to
25,850 while resistance is at 26,100, followed by 26,150. A selling pressure may re-emerge as Nifty approaches 26,100 to
"A decisive move above resistance levels will be essential to revive bullish momentum in Nifty," the market expert said.
Rupak De, Senior Technical Analyst at LKP Securities, said that the short term bearish sentiment has begun to surface as
Nifty has formed a bearish divergence on the daily chart. Besides, it has also fallen below a rising trendline, adding
to the weakness in the market.
If Nifty sustains the recovery, as expected after taking support at 25,900, it may move towards 26,060, where it could
face resistance once again, potentially triggering another decline, the market expert said.
Hrishikesh Yedve, AVP Technical and Derivative Research, Asit C. Mehta Investment Interrmediates, said that Nifty has
formed a small red candle on the daily chart with shadows on either side, indicating uncertainty. In the near term,
Nifty has major resistance placed at 26,325. On the downside, 25,840 will act as a crucial support.
"Considering the overall setup, traders are advised to buy near support levels and sell near the resistance zone
mentioned above," the market expert said.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment
advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related