Quote on Evening Markets 01st December 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Quote on Evening Markets 01st December 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Markets surrendered early gains and pulled back sharply from record highs as profit-booking set in amid weak global cues and a cautious interest-rate outlook. The Sensex, which had climbed over 450 points to a fresh peak of 86,159 in the morning, reversed through the session to end nearly 500 points lower from the day’s high, while the Nifty slipped below 26,200. The rupee touching an all-time low added to the risk-off mood, prompting investors to pare exposure after last week’s strong rally. Broader indices remained subdued, and sentiment was further weighed down by concerns over expensive valuations and lack of triggers from global markets. With macro data and central-bank commentary in focus this week, markets may continue to trade with a consolidation bias.
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