Pre-Market Action: Here is the trade setup for today’s session

Markets ended the holiday-shortened week with modest gains, extending the current consolidation phase. Next week marks the transition to calendar year 2026 and is likely to see high volatility due to December F&O expiration. Key domestic data points to track include industrial production data for November, government budget figures, external debt figures and the final HSBC manufacturing PMI reading.

Market conditions

• Tech View: During the last session, the Nifty found support near the 26,000 level, where the 21 EMA is currently placed. In the near term, the trend may improve and pull back towards 26,200 and above, although 26,000 holds decisively. However, a sustained move below 26,000 could trigger further weakness in the market.”
• India VIX: The India VIX, a gauge of fear in markets, settled down 0.4% at 9.15.

Ban stock today in F&O

Equity capital

Block period securities under the F&O segment include companies in which the security exceeds 95% of the market-wide position limit.

FII/DII action

On Friday, foreign portfolio investors invested Rs. 318 crores of shares were sold net. Meanwhile DII Rs. 1,772 crore were net buyers.

Rs

The rupee closed 19 paise lower at 89.90 against the US dollar on Friday amid a negative trend in domestic equities and foreign fund inflows.

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