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Below the Quote on Closing Market Summary 3rd December 2025 from Hitesh Tailor, Research Analyst - Research at Choice Equity Broking Private Limited

"Indian equities ended the day on a mildly negative note, with benchmark indices slipping due to broad-based profit-booking and lack of fresh positive triggers. The Sensex closed lower by 31 points, while the Nifty 50 declined by around 46 points, settling just below the 26,000 mark. The broader market also remained weak, as both Midcap and Smallcap indices registered notable declines, indicating softer risk appetite across the board.

Sectorally, the market showed clear divergence. Out of the major sectors, IT was the only notable gainer, supported by renewed buying in export-oriented technology stocks. The rupee’s weakness and improved global IT sentiment helped large IT names sustain upward momentum. Stocks such as Wipro, TCS, Infosys, Tech Mahindra, and HCL Technologies posted gains, with Wipro and TCS leading the pack.

On the losing side, PSU banks, healthcare, consumer, and financial services sectors came under pressure. Weakness in these sectors reflected investor caution amid policy-related uncertainties and soft global cues. Stocks like Max Healthcare, Shriram Finance, HDFC Life, Trent, Coal India, Nestle India, and Jio Financial Services were among the top losers of the session.

From a technical perspective, the Nifty now holds immediate support in the 25,800–25,850 range. Resistance is expected around 26,100–26,150, where selling pressure may re-emerge unless a strong recovery builds. Volatility stayed subdued, with India VIX remaining low, indicating that despite the decline, the market is still in a consolidation phase rather than entering a high-volatility correction.

Overall, the market closed with a cautious-to-neutral tone. While broad weakness suggests consolidation may continue, resilience in IT and stability near support zones could offer selective buying opportunities. A decisive move above resistance levels will be essential to revive bullish momentum."

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