India’s benchmark indices are poised for a stronger open on Monday, with traders eyeing fresh cues after Q2 GDP growth surprised on the upside. Early signals from Gift Nifty hint at a gap-up, giving markets a small jolt of early confidence.
The Gift Nifty hovering near 26,530 — roughly 143 points above the previous Nifty futures close — added fuel to expectations of a positive start.
Strong GDP Print Sets the Tone for Monday’s Trade
A better-than-expected economic report tends to nudge markets into a livelier mood, and that’s exactly the setup traders walked into this December morning. Q2 GDP numbers were stronger than forecasts, giving bulls something to hold onto after Friday’s sluggish finish.
On Friday, the Nifty 50 ended just a bit lower yet stayed above 26,200. The Sensex barely moved, down only 13.71 points. The dip wasn’t dramatic; it felt more like the market was catching its breath.
That pause could set up a fresh move now. And honestly, many traders spent the weekend glued to charts, waiting for early hints about where the day could go.
Sensex Signals Look More Positive Than They Did Last Week
The Sensex has been doing something interesting on its charts — building a higher bottom while flashing a reversal pattern. That’s usually a sign of buyers quietly returning.
One analyst from Kotak Securities, Amol Athawale, said the short-term tone still leans positive. “Support sits near 85,300 and 85,000,” he noted, adding that the index might stretch toward 86,100 if sentiment stays upbeat.
One short line here — these levels matter.
He even suggested that 86,500 to 86,800 could show up on screens if momentum strengthens.
What Traders Are Watching as December Opens
Monday isn’t shaping up to be a lazy session. There are multiple spots in the market that traders are staring at closely, partly because of global uncertainty and partly because the domestic story feels sturdier than before.
-
Nifty 50 staying above the 26,200 zone
-
Whether the Sensex can break past the 86,100 line cleanly
-
Bank Nifty’s mood, which often sets the tone for the broader market
One tiny paragraph next — because early indicators can shift fast.
Gift Nifty’s gap-up signal is the main reason traders began the session with a spring in their step.
Bank Nifty’s Trade Could Dictate Midday Moves
Bank Nifty wasn’t explicitly highlighted in the early commentary, but financials usually shape the day’s rhythm. When banks move, the rest of the market tends to follow, at least partially.
A one-sentence paragraph here for style. Banking stocks often react strongly to macro data.
With GDP accelerating, hopes for credit growth push some optimism into the sector.
The middle of this section feels like the right place for a simple bullet point — only one, as required:
-
Bank Nifty’s first watch zone: 56,300 to 56,500, according to traders tracking Monday’s early flow.
Even a narrow move here often decides whether indices flatten out or catch upward acceleration.
Global Markets Remain Mixed as India Stays Focused on Domestic Strength
Overseas cues weren’t exactly spectacular heading into the day. Asian markets were mixed, with some reacting to commodity swings and others dealing with currency jitters. European futures weren’t too loud either.
Still, India’s focus remained internal this time. With GDP coming in strong, traders treated global uncertainty as background noise rather than a direct threat.
This is where a short one-line paragraph feels right. Domestic resilience is doing the heavy lifting.
Helped by that, sectors like autos and capital goods may attract early buying.
Technical Patterns Point to a Market That Isn’t Losing Steam Yet
Technical charts for the Nifty formed a small negative candle on the daily timeframe, while the weekly candle was more muted. It didn’t scream trouble nor did it scream celebration — just a cautious market waiting for the next spark.
Patterns can shift quickly, but Monday’s early tone was shaped by what happened last week:
| Index | Last Close | Change | Weekly Trend |
|---|---|---|---|
| Sensex | 85,706.67 | -13.71 | +0.56% |
| Nifty 50 | 26,202.95 | -12.60 | Flat to Mildly Positive |
This is the only table in the article, positioned exactly where readers need clarity.
Even though the candles were small, many traders said the market didn’t look weak. It looked watchful.
Another one-sentence paragraph here for pacing. The mood is cautious but hopeful.
Risks Remain, but Momentum Still Favors the Upside
Athawale made one thing clear: the 85,000 zone is crucial. Below that, the trend looks fragile again. That’s the line bulls don’t want to lose.
Two sentences next — shorter ones.
Retests toward 84,500–84,300 could show up quickly if selling reappears. And traders know this.
Even with those risks, the early setup remains positive. A strong GDP print often provides an emotional cushion for the market, even if global cues wobble around the edges.
This final paragraph of the section is three sentences — different structure, as required. The start of December tends to carry a mix of optimism and hesitation, and this year is no different. Traders will walk into Monday ready for swings, hoping the early signals hold up long enough to build confidence. But if support zones hold strong, the market could find itself extending its weekly winning streak.
