Sensex settles 500 pts lower from day’s high, Nifty below 26,200

The domestic share market indices declined from record highs on Monday as investors booked profits amid weak global cues and concerns over the interest rate outlook.A record-low rupee further dampened market sentiment.At close, the Sensex was down 64.77 points or 0.08 percent at 85,641.90, and the Nifty was down 27.20 points or 0.10 percent at 26,175.75. About 1783 shares advanced, 2288 shares declined, and 183 shares unchanged.

#Markets opened strong as Sensex and Nifty hit fresh record highs, boosted by robust GDP data and improving global sentiment. pic.twitter.com/rn1ohZleWN

— newsinc24 (@newsinc24) December 1, 2025

Adani Ports, Kotak Mahindra Bank, Tata Motors PV, Kotak Mahindra Bank, Eicher Motors were the top gainers on the Nifty, while losers included Interglobe Aviation, Bajaj Finance, Max Healthcare, Sun Pharma, Trent.On the sectoral front,auto, IT, PSU Bank, metal rose 0.3-0.5% each, while realty index down 1% and consumer durables, pharma indices down 0.5% each.BSE Midcap and smallcap indices ended flat.
Rupee Close: 
On 1 Dec'25, the Indian rupee rupee depreciated 8 paise to close at 89.53  against the US dollar on Monday, fuelled by strong market demand for the American currency.Forex traders said the sustained weakness in the rupee is primarily attributable to a widening trade deficit, the delayed India-US trade deal, and limited central bank intervention
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,after reaching a new high, the market moved into a range-bound phase as expectations of an RBI rate cut in December faded following better-than-expected Q2 GDP growth and a sharp depreciation of the rupee.
Sentiment turned slightly cautious due to muted GST collections in November, driven by lower rates. Meanwhile, the auto index outperformed, supported by strong November sales, aided by GST rationalisation, benign inflation, and robust wedding season demand.
Market experts recommended five shares to buy on Monday-Acutaas Chemicals, Senores Pharmaceuticals, Latent View Analytics, Zaggle Prepaid Ocean Services, and Dr. Agarwal's Health Care.

(Business Correspondent)