Nifty Poised for Fresh All-Time Highs, Eyes 27,000 in December

December 1, 2025

Reserve Bank of India (RBI) May Consider Drastic Rate Cut Amid Q2 GDP Numbers

The Reserve Bank of India (RBI) may consider a drastic rate cut in the backdrop of encouraging Q2 GDP numbers, setting a compelling stage for the Nifty to dance and move ahead to newer heights in December 2025.

Nifty 50 Index Wraps Up November on a Resilient Note

The Nifty 50 index wrapped up November on a resilient note, printing a bullish monthly candle and closing at 26,202, slightly above its previous monthly peak of 26,104, signalling persistent strength in the ongoing upward trajectory.

• The index gained 480 points during the month while navigating a wide 992-point range, bottoming out at 25,318 and registering a fresh high of 26,310.
• The monthly RSI at 67, rebounding decisively from the vital 60 zone, indicates strong underlying bullish intent.
• The weekly chart continues to reflect healthy trend strength with the index sustaining above the 10-week EMA placed at 25,700.

Key Resistance and Support Zones to Watch

• A convincing weekly close above 26,490 could open the pathway toward the next major resistance at 27,000.
• Immediate support cushions are placed at 26,010 and 25,700—zones likely to attract dip-buying interest.

Options Market Radar

The options landscape indicates a mildly optimistic tone, with Put writers showcasing strength at critical in-the-money strikes.

• Heavy Call writing at 26,400 and 26,500 has formed a strong supply cap, whereas aggressive Put writing around 26,100 reinforces a solid support floor.
• The overall structure remains binary: a decisive breakout above 26,500 may unleash swift short covering, propelling the index toward 27,000–27,300.

FPI Flows – Shorts at Multi-Year Extremes

Foreign Portfolio Investors remained net sellers in the cash segment for the fifth straight series, though a meaningful portion of their short exposure in index futures was unwound during November.

• Their net short positions eased significantly to 87,596 contracts from 1,25,000 in the previous series, highlighting a considerable reduction in bearish bets.

Final Outlook

With strong higher-timeframe momentum, resilient support zones, easing FPI shorts, and options positioning favouring a bullish undertone, Nifty enters December on a firmly positive footing.

As long as the index sustains above the 25,700–26,000 band, Nifty remains poised to scale fresh all-time highs, with 27,000 emerging as the next major milestone in its ongoing rally.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.