Markets opened on a cautious note on Tuesday morning, with benchmark indices trading marginally higher amid mixed global cues and persistent foreign institutional investor outflows.
The BSE Sensex opened at 85,008.93 against the previous close of 84,900.71, currently trading at 84,934.31, up 33.60 points or 0.04 per cent. The NSE Nifty opened at 25,998.50 compared to Monday’s close of 25,959.50, and was at 25,966.60, higher by 7.10 points or 0.03 per cent at 9:45 am.
Market participants remained cautious ahead of Tuesday’s F&O expiry, with volatility expected to stay elevated. “Gift Nifty indicates a cautiously positive start this morning, though any rebound may be short-lived with volatility expected to remain elevated ahead of Tuesday’s F&O expiry,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
He added that “sentiment is dampened by ₹18,013 crore of FII outflows in November and uncertainty around the India–US trade deal.”
Foreign institutional investors extended their selling streak, offloading equities worth ₹4,171 crore on Monday, while domestic institutional investors absorbed the pressure with purchases totaling ₹4,512 crore.
“Nifty’s attempt to break the 2024 September high and set new record is facing resistance particularly from resumption of big FII selling which touched ₹4,171 crores in the cash market yesterday,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
In the metal sector, Hindalco emerged as the top gainer, trading at ₹785.90, up 1.45 per cent. JSW Steel gained 1.39 per cent to trade at ₹1,121.40. Reliance Industries rose 1.40 per cent to ₹1,557.40, providing support to the indices. Dr Reddy’s Laboratories advanced 1.29 per cent to ₹1,242.00, while Eicher Motors gained 0.93 per cent to ₹303.80.
On the losing side, consumer stocks faced selling pressure. Tata Consumer Products declined 1.38 per cent to ₹1,169.60, while Nestle India fell 1.28 per cent to ₹1,253.00. Adani Enterprises dropped 1.01 per cent to ₹2,375.00. Tata Motors declined 0.87 per cent to ₹355.20, and Eicher Motors lost 0.82 per cent to ₹7,199.00.
Technical analysts suggested a range-bound movement for the indices. “The Nifty 50 once again struggled to sustain above the 26,000 mark, reaffirming its ongoing consolidation phase,” said Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking. She noted that “the index now holds immediate support at 25,850–25,800, a zone increasingly acting as an accumulation area for medium-term participants.”
The commodities market witnessed mixed trends. Crude oil futures traded lower on Tuesday morning, with February Brent oil futures at $62.40, down 0.51 per cent, and January WTI crude at $58.58, down 0.58 per cent.
December crude oil futures on MCX traded at ₹5,234 against the previous close of ₹5,235, down 0.02 per cent. “Crude oil prices recovered from 1-month lows on Monday supported by a broad risk-on mood amid strengthening expectations of a Federal Reserve rate cut in December,” said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.
In bullion markets, precious metals remained volatile. “Gold and silver remained highly volatile but sharp rebounded from low ahead of a heavy U.S. data calendar,” Kalantri said. Gold has support at ₹1,23,150-1,22,580 with resistance at ₹1,24,650-1,25,200, while silver has support at ₹1,53,650-1,52,800 with resistance at ₹1,56,140-1,57,000.
Looking ahead, investors are awaiting India’s GDP print on Friday and monitoring global developments. “In largecaps, top names in telecom, automobiles, private and PSU banks, NBFCs and capital goods will remain resilient with potential to rally,” Dr Vijayakumar added.
Published on November 25, 2025
