The Indian markets closed lower, with the Sensex down 398 points and the Nifty slipping 122.65 points. The Nifty’s recent swing low of 24,753 may provide short-term support, while 25,200 remains strong resistance. High open interest is noted at 25,000 and 24,800 strike prices.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction
December 9, 2025