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Nifty Prediction For December 1: Can Bulls Extend Their Grip Next Week? Check Support, Resistance

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Nifty Prediction For December 1: Can Bulls Extend Their Grip Next Week? Check Support, Resistance


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Sensex, Nifty ended nearly flat after record highs as markets turn cautious ahead of RBI policy, US data, auto sales and key global triggers

Nifty Prediction For December 1

Nifty Prediction For December 1

Nifty Prediction For Next Week: Indian equity benchmarks ended almost flat in a highly volatile session on Friday, November 29, a day after hitting fresh record highs. Breaking a two-day winning streak, the BSE Sensex slipped 13.71 points, or 0.02 per cent, to close at 85,706.67. During the session, it touched an intra-day high of 85,969.89 and a low of 85,577.82. The NSE Nifty50 also edged lower by 12.60 points, or 0.05 per cent, to settle at 26,202.95.

On Thursday, both benchmark indices had scaled fresh lifetime highs after a gap of 14 months, with the Sensex touching 86,055.86 and the Nifty hitting 26,310.45 in intraday trade. On a weekly basis, the Sensex gained 474.75 points, or 0.55 per cent, while the Nifty advanced 134.80 points, or 0.51 per cent.

Sensex Outlook: Key Levels to Watch

Technically, 86,045 remains the immediate resistance for the Sensex. A breakout above this level could pave the way for a fresh rally, while a fall below 85,500 may trigger further short-term weakness. Hitesh Tailor, Research Analyst at Choice Equity Broking, said the Sensex may consolidate in the coming week after reaching record highs. He sees immediate resistance at 86,000, with fresh buying likely on a decisive close above this level. On the downside, the 85,200–85,300 zone is expected to act as strong near-term support.

Top Five Triggers for the Indian Stock Market This Week

RBI Monetary Policy Meeting

The Reserve Bank of India’s Monetary Policy Committee, led by Governor Sanjay Malhotra, will meet from December 3 to 5, with the repo rate decision due on December 5. The RBI has kept the repo rate unchanged at 5.5 per cent since August after cutting it by a cumulative 100 basis points in the first half of the year. Market participants will closely track commentary on inflation, growth and the future rate-cut outlook.

Auto Sales Data

November automobile sales figures, scheduled for release on December 1, will be in sharp focus. Strong sales across passenger vehicles, two-wheelers and commercial vehicles could revive demand optimism, while weaker numbers may raise concerns over margins and rural consumption.

Key US Economic Data

Wall Street faces a full trading week, though data releases remain relatively light. Investors will track the delayed September reading of the Federal Reserve’s preferred inflation gauge. The ADP National Employment Report for November will be released on Wednesday, while the Bureau of Economic Analysis will publish the delayed PCE and Core PCE inflation data on Friday.

India–US Trade Deal

India is expected to finalise a trade agreement with the United States by the end of the year, as most unresolved issues have been settled, according to the country’s trade secretary. US President Donald Trump earlier said talks with Prime Minister Narendra Modi were progressing well. However, the US has imposed tariffs of up to 50 per cent on Indian imports since late August.

FII and DII Activity

On Friday, Foreign Institutional Investors sold equities worth Rs 3,795.72 crore, while Domestic Institutional Investors purchased shares worth Rs 4,148.48 crore, according to exchange data.

Gold Prices

Gold prices rose by Rs 700 on Friday to Rs 1,30,160 per 10 grams in Delhi on the back of positive global cues and strong investor demand. Gold with 99.5 per cent purity also climbed Rs 700 to Rs 1,29,560 per 10 grams. Meanwhile, spot gold gained 1 per cent to a two-week high globally on expectations of a US rate cut next month, boosting demand for the non-yielding metal. Silver also surged to a fresh all-time high.

Nifty Outlook for Monday, December 1

According to Pravesh Gour, Senior Technical Analyst at Swastika Investmart, Nifty is in a consolidation phase after hitting fresh record highs, suggesting profit booking at elevated levels. The index remains above short-term moving averages, keeping the broader bias positive. The 26,142–26,310 zone is crucial — a breakout could drive the index toward 26,405 and 26,570, while a slip below 26,150 may result in a corrective move toward 26,025 and 25,850.

Ravi Singh, Chief Research Officer at Master Capital Services, said Nifty continues to trade comfortably above its 21-day and 55-day EMAs, reinforcing a strong bullish setup. The MACD remains positive, suggesting continued momentum. He recommends a buy-on-dips strategy, with fresh longs around 26,050–26,000 and a stop-loss at 25,750. On the upside, Nifty could move toward the 26,500 level in the near term.

Bank Nifty Outlook

Bank Nifty scaled a fresh all-time high of 59,866 and extended its winning streak for the fifth straight week. The index continues to outperform, backed by strong participation from major banking stocks. A decisive move above 60,000 could push the index toward 60,300–60,400, while 59,400 and 59,000 are seen as key support levels on pullbacks.

Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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Those with MGNREGA cards to get work during transition to G RAM G Act – The Times of India

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Those with MGNREGA cards to get work during transition to G RAM G Act – The Times of India


NEW DELHI: People with job cards assigned under Mahatma Gandhi National Rural Guarantee Scheme will be able to get work without disruption when transition takes place to new rural employment framework under Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act.Even though exact timeframe is not known yet, rural development ministry officials said the VB-G RAM G scheme will come into force in the coming financial year after the Centre frames and notifies the rules. After govt notifies the Act’s commencement date, states will get six months to make their schemes to enable implementation of the law.To ensure there is no disruption and job guarantee is upheld during transition from MGNREGA, it has been proposed to enable workers to use the same job cards issued under MGNREGA with Aadhaar-based eKYC.The officials said that as of now, around 75% of job cards have been verified with eKYC under the ongoing scheme. Moreover, ongoing projects under MGNREGA, if incomplete when the transition happens to the new scheme, would stay on course.Meanwhile, work is on to frame rules, lay out regulations on normative allocations, fund flow plan, IT framework, a national-level steering panel and social audits.Under the new law, focus will be on transparency to weed out leakages and duplicacy of work,the social audit system will be strengthened, and technology leveraged to create systems to establish work progress, timely wage payment and accountability through ‘e-measurement’ books, sources said. Demand for work will have to be entered on a digital platform. Officials made it clear the new law in no way interferes with demand-driven character of the scheme.



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Gurugram Attracts Rs 86,588 Crore In Real Estate Investments In 2025 As RERA Clears 131 Projects

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Gurugram Attracts Rs 86,588 Crore In Real Estate Investments In 2025 As RERA Clears 131 Projects


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Alongside rising investments, Gurugram RERA strengthened regulatory oversight to safeguard homebuyer and investor interests

Gurgaon Real Estate (Representative Image)

Gurgaon Real Estate (Representative Image)

Gurugram emerged as one of India’s top real estate investment destinations in 2025, with projects worth Rs 86,588 crore receiving regulatory approvals during the year, according to data from the Gurugram Real Estate Regulatory Authority (Gurugram RERA).

Market observers said the numbers reflect strong investor confidence in the NCR’s largest commercial and residential hub.

Gurugram RERA registered 131 projects in calendar year 2025, representing development potential of 35,455 units across housing and commercial segments.

A striking feature of the data was the dominance of large-ticket projects. Just 28 major developments accounted for investments worth Rs 59,360 crore, highlighting the growing influence of institutional capital and large developers in shaping Gurugram’s property market.

Residential assets continued to attract the bulk of investment interest. Of the total units approved, 31,455 were residential, underscoring sustained end-user demand and long-term confidence in the city’s housing fundamentals.

According to Authority data, the residential mix included 17,405 group housing units, 5,720 mixed land use units, 4,040 residential floor units, 2,122 affordable group housing units, 1,954 units under the Deen Dayal housing scheme, and 214 residential plotted colony units.

Market observers said this diversified supply pipeline indicates capital deployment across both premium and mass segments, helping reduce concentration risk and deepen market resilience.

On the commercial side, Gurugram RERA approved about 4,000 commercial units, of which 168 were dedicated to IT parks, reinforcing Gurugram’s position as a preferred hub for technology firms and Global Capability Centres.

Analysts noted that the combination of office-led employment growth and residential expansion continues to make Gurugram attractive for long-term capital deployment.

Industry experts said the scale of investments approved in 2025 highlights Gurugram’s ability to attract capital despite global uncertainty, supported by infrastructure growth, a strong corporate base and an improving regulatory environment.

“With a large pipeline of approved projects and sustained interest from developers and institutional investors, Gurugram is expected to remain a key real estate investment destination in the coming years,” a Gurugram-based real estate expert said.

Tighter regulatory checks

Alongside rising investments, Gurugram RERA strengthened regulatory oversight to enhance transparency and safeguard homebuyer and investor interests.

“These steps included stricter scrutiny of developer submissions, mandatory site inspections by domain experts, and public consultation through mandatory notices before project registration,” an Authority official said.

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National Startup Day 2026: How India’s Startups Are Shaping The Future

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National Startup Day 2026: How India’s Startups Are Shaping The Future


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National Startup Day highlights India’s thriving startup ecosystem, celebrating innovation, entrepreneurship and job creation driven by founders, unicorns and Startup India mission

National Startup Day 2026 honours Indian startups, entrepreneurs and innovators driving economic growth and job creation.

National Startup Day 2026 honours Indian startups, entrepreneurs and innovators driving economic growth and job creation.

National Startup Day 2026: India’s startup ecosystem has evolved into one of the world’s most vibrant and promising innovation hubs. To recognise the contribution of entrepreneurs, founders and startups transforming ideas into impactful solutions, National Startup Day is observed every year on January 16 across the country.

Launched by Prime Minister Narendra Modi in 2022, the day celebrates visionary entrepreneurs who play a crucial role in economic growth, employment generation and technological advancement.

National Startup Day serves as a reminder that innovation, backed by determination and policy support, can reshape society and create global impact.

National Startup Day 2026 Theme

The official theme for National Startup Day 2026 is yet to be announced. However, the core focus areas are expected to revolve around:

  • Innovation and emerging technologies
  • Entrepreneurship and leadership
  • Self-reliance (Atmanirbhar Bharat)
  • Startup India Mission
  • Youth empowerment
  • Job creation

How Startups Are Shaping India’s Future

India currently ranks as the third-largest startup ecosystem globally, with over 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of early 2025. Backed by 100+ unicorns, the ecosystem continues to grow rapidly.

Metro cities such as Bengaluru, Hyderabad, Mumbai and Delhi-NCR lead this expansion, while Tier-2 and Tier-3 cities are emerging as new innovation centres, adding diversity and scale to India’s entrepreneurial journey.

Startups across fintech, edtech, health-tech, e-commerce and deep-tech are addressing real-world challenges and gaining global recognition. Technologies like artificial intelligence, blockchain and IoT are increasingly driving innovation, according to Startup India ecosystem reports.

Industry-Wise Startup Impact

DPIIT-recognised startups have generated over 16.6 lakh direct jobs across sectors as of October 31, 2024, strengthening India’s employment landscape.

  1. IT Services: 2.04 lakh jobs
  2. Healthcare & Life Sciences: 1.47 lakh jobs
  3. Commercial & Professional Services: 94,000 jobs

Through the Startup India initiative, the government continues to focus on skill development, funding access, ecosystem collaboration and global outreach.

Key Initiatives Under Startup India

  • Capacity building and mentorship
  • Outreach and awareness programmes
  • Ecosystem development events
  • International exposure and global linkages
  • Collaboration between startups, corporates and institutions.
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