Sensex, Nifty Slide Amid Caution Ahead RBI MPC | 3 December 2025, 9:41 AM IST
Markets opened lower on December 3 amid profit booking across sectors, with banking stocks leading declines ahead of RBI MPC. Rupee weakness and FII outflows weigh sentiment while volatility eased slightly. Traders maintain defensive stance, eyeing 25,800 support before policy clarity emerges.
Indian benchmarks opened lower on December 3 with Sensex down 280.92 points at 84,857.35 and Nifty 50 slipping 102.40 points to 25,929.80. Banking sector dragged indices with Nifty Bank falling 0.30%, while midcaps and smallcaps also declined. IT showed resilience with modest gains. India VIX eased 1.34% to 11.08 as traders positioned cautiously ahead of Reserve Bank of India's Monetary Policy Committee decision on Friday amid rupee weakness at historic lows and sustained FII outflows.
Snapshot – 9:41 AM IST, 3 December 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 84,857.35 | -280.92 | -0.33 |
| NIFTY 50 | 25,929.80 | -102.40 | -0.39 |
| NIFTY BANK | 59,096.60 | -177.20 | -0.30 |
| NIFTY IT | 37,636.85 | 95.60 | 0.25 |
| India VIX | 11.08 | -0.15 | -1.34 |
| NIFTY Midcap 100 | 60,614.55 | -295.90 | -0.49 |
| NIFTY Smallcap 100 | 17,671.75 | -104.70 | -0.59 |
Latest News & Trends
- Profit booking across sectors after recent record highs; banking under maximum pressure with FII outflows.
- Rupee hits record lows near 90/USD amid trade deficit and limited intervention; adds to market caution.
- RBI MPC anticipation dominates; markets expect status quo but focus on liquidity measures and commentary.
- GIFT Nifty signaled flat-to-negative open; Asian markets mixed provide limited directional cues.
- Key stocks: Kotak Mahindra Bank , HUL , Samvardhana Motherson in focus.
Predictions & Watch Outs
- Nifty support zone 25,800-25,900; resistance 26,200. RBI policy to drive decisive moves.
- Defensive bias preferred; IT and select largecaps relatively safer amid volatility.
- Trade strategy: Avoid new positions; book profits on rallies ahead of MPC outcome.
