Earlier, the Indian markets opened on a negative note on Tuesday, as indicated by GIFT Nifty futures, which were trading at 26,334 as of 8:28 am on December 2. This follows a weak performance on Monday, December 1, when the rupee slipped to a new record low due to soft foreign inflows and lingering uncertainty around key global trade negotiations, weighing on investor sentiment.
Stock Market Recap
On Monday, the benchmark indices ended marginally lower after touching fresh highs earlier in the session. The BSE Sensex closed at 85,641.9, down 64.77 points or 0.08 per cent, while the NSE Nifty50 settled at 26,175.75, slipping 27.2 points or 0.1 per cent. Despite the subdued close, the Sensex briefly surged to a record high of 86,159, and the Nifty touched 26,325.8 in early trade.

Given these mixed cues and the flat indication from GIFT Nifty, domestic markets are expected to start the day on a muted note.
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