Pre-Market Nifty/Sensex Analysis Today, Dec 29: Nifty, Sensex Likely to Open Modestly Higher; Silver at Record High

The GIFT Nifty was trading near the 26,102 mark, showing a premium of about 28 points. 

Asian markets were trading mixed on Monday, with Japan’s Nikkei 225 falling nearly 300 points.

Upcoming Economic Releases to Watch Out 

India’s Index of Industrial Production (IIP) data for November 2025 is scheduled to be released today, Monday, 29 December 2025, as per the MoSPI advance release calendar and recent government and media updates, and is being closely watched by market participants for fresh cues on industrial growth and near-term equity market direction.

Institutional Flows – FIIs and DIIs

On Friday, December 26, Foreign Institutional Investors (FIIs) were net sellers, selling equities worth ₹317.56 crore, for the 4th consecutive trading session. Domestic Institutional Investors (DIIs) continued their positive stance, buying equities worth ₹1,772.56 crore, marking their 45th consecutive session of net inflows.

Friday's Market Action

Indian equity benchmarks ended lower on Friday, December 26, amid thin year-end trading volumes and cautious sentiment. The Nifty 50 declined 99.8 points, or 0.38%, to close at 26,042.30, while the Sensex fell 367.25 points, or 0.43%, to 85,041.45. 

Both indices have remained subdued in December after hitting record highs in November, weighed down by a weaker rupee at 89.94 per dollar, persistent FII selling, firm crude prices and profit booking near peak levels, signalling short-term market fatigue.

On the sectoral front, only two indices closed in the green, with Nifty Metal emerging as the top gainer, rising 0.59% for the seventh straight session, while FMCG edged up marginally. Nifty IT was the worst performer, slipping 1.03%. Broader markets also ended lower, with the Nifty Midcap 100 and Smallcap 100 falling 0.23% and 0.08%, respectively. 

Wall Street On Friday

US equities were largely flat on Friday but still ended the holiday-shortened week with solid gains. The Dow slipped slightly from its recent record, while the S&P 500 and Nasdaq edged lower amid thin post-Christmas trading.

US markets traded marginally lower, with the Dow Jones Industrial Average slipping 20.19 points, or 0.04%, to 48,710.97, the S&P 500 easing 2.11 points, or 0.03%, to 6,929.94, and the Nasdaq Composite declining 20.21 points, or 0.09%, to 23,593.10, as investors remained cautious amid light trading volumes.

Precious metals remained strong, with gold and silver hitting new records, supported by geopolitical tensions and a weaker US dollar.

Markets are set to wrap up a volatile yet strong year, with the S&P 500 up nearly 18% and the Nasdaq gaining over 20% so far in 2025. No major economic data or earnings releases are expected in the final trading days of the year.

Oil Markets Edge Higher

Crude oil prices moved up during early Asian hours on Monday as traders assessed escalating geopolitical risks in the Middle East that may threaten supply. At the same time, uncertainty continues around the Russia–Ukraine peace negotiations, which remains a key overhang for the market.

Silver Extends Rally

Silver prices surged past the $80-per-ounce mark on Monday, driven by tight supply conditions, robust industrial consumption, and expectations of additional interest-rate cuts by the US Federal Reserve. 

Rupee

The Indian rupee weakened by 19 paise to end at 89.90 against the US dollar on Friday, pressured by equity market weakness and continued foreign capital outflows.

Disclaimer: The article is for informational purposes only and not investment advice.