_{Published on: 04 Dec, 2025 02:11}

The Indian markets showed bearish sentiment on December 03, 2025, extending losses for the third consecutive day due to persistent foreign investor outflows, a weakening rupee, and anticipation ahead of the RBI's monetary policy decision. Overarching themes included currency depreciation impacting export sectors, selective corporate fundraising boosting liquidity, and global economic data influencing rate cut expectations.

• Markets extend losses for the third day amid foreign outflows.
• Rupee hits record low, pressuring import costs significantly.
• Meesho IPO anchors raise substantial funds pre-listing.
• Reliance Retail completes key business restructuring scheme.
• US payrolls drop unexpectedly, boosting Fed cut hopes.

Indian Stock Markets Extend Losses for Third Consecutive Day

Indian equity benchmarks declined for the third straight session on December 03, 2025. The BSE Sensex closed down 31 points at 85106. The NSE Nifty fell 46 points to 25,986. The majority of Sensex stocks traded in the red, led by HUL and Titan. Broader markets saw the MidCap index drop 0.89 percent. The SmallCap index declined 0.44 percent. Nifty IT held gains due to rupee weakness, benefiting exporters. Nifty PSU Bank dropped nearly 3 per cent on profit booking. The decline reflects risk-off sentiment amid FII outflows. Immediate implications include reduced market capitalisation and investor caution.

Business Standard, https://www.business-standard.com/markets/news/stock-market-live-updates-december-3-nse-bse-sensex-today-nifty-rbi-mpc-aequs-vidya-wires-meesho-ipo-125120300070_1.html

Rupee Depreciates to Record Low Against US Dollar

The Indian rupee hit a record low of 90.28 against the US dollar on December 03, 2025. This depreciation adds pressure on import-dependent sectors. It benefits exporters like IT and pharmaceuticals. The RBI faces a dilemma on intervention levels. Factors include global dollar strength and FII outflows. Non-intervention could lead to higher inflation. Reserves are ample for potential support. Market sentiment remains cautious pre-RBI meeting. This could influence monetary policy stance. Overall, it signals emerging market vulnerabilities. Financial Express, https://www.financialexpress.com/business/banking-finance-rbi-dilemma-intervene-or-not-to-4064701/

 

Meesho Raises ₹2,439 Crore from Anchor Investors Ahead of IPO

Meesho secured ₹2,439 crore from anchor investors on December 03, 2025. Participants included SBI Mutual Fund and BlackRock. The Government of Singapore also invested. Fidelity Funds and Tiger Global joined. Goldman Sachs and Morgan Stanley participated. This precedes the IPO opening. It indicates strong institutional interest. Funds will support expansion plans. The move boosts e-commerce sector confidence. Immediate implications include positive listing prospects. Business Standard, https://www.business-standard.com/markets/news/stock-market-live-updates-december-3-nse-bse-sensex-today-nifty-rbi-mpc-aequs-vidya-wires-meesho-ipo-125120300070_1.html

Reliance Retail Completes Consumer Business Restructuring

Reliance Retail's restructuring became effective on December 01, 2025. The scheme involves Reliance Retail and subsidiaries. FMCG brands transferred to New Reliance Consumer Products. Tira Beauty renamed to RCPL. Previous RCPL entity dissolved. New RCPL is now RIL's direct subsidiary. RIL holds 83.56 percent stake. Shares issued to align ownership. This streamlines operations for efficiency. Immediate implications include enhanced focus on consumer goods. Yahoo Finance, https://finance.yahoo.com/news/india-reliance-retail-completes-consumer-120858536.html

 

RBI Faces Dilemma on Rupee Intervention Amid Depreciation

The RBI is deliberating intervention as rupee hits 90-mark. Factors include dollar strength and outflows. Reserves stand at over $700 billion. Non-intervention risks higher inflation. Support could deplete forex buffers. Global trade uncertainties add pressure. Policy meeting starts December 03, 2025. Decision impacts borrowing costs. Market expects balanced approach. This affects export competitiveness immediately. Financial Express, https://www.financialexpress.com/business/banking-finance-rbi-dilemma-intervene-or-not-to-4064701/

Trent Shares Decline 42 Percent Year-to-Date

Trent shares have fallen 42 percent in 2025. This marks the first calendar year decline in 12 years. The drop contrasts with broader market trends. Factors include retail sector challenges. Investor sentiment remains cautious. This impacts Tata Group valuations. Recovery depends on consumer demand. Immediate implications include portfolio adjustments. Analysts monitor for rebound signals. It highlights selective stock pressures. Business Standard, https://www.business-standard.com/markets/news/stock-market-live-updates-december-3-nse-bse-sensex-today-nifty-rbi-mpc-aequs-vidya-wires-meesho-ipo-125120300070_1.html

 

US Private Payrolls Unexpectedly Decrease in November

US private payrolls fell by 32,000 jobs in November 2025. This is the largest drop since March 2023. Small businesses shed 120,000 positions. Medium firms added 51,000 jobs. Large businesses gained 39,000. Services sector showed steady activity. ISM PMI at 52.6 indicates improvement. Data may not fully reflect labor health. This weakness influences Fed policy considerations. Immediate implications include higher rate cut probabilities. Reuters, https://www.reuters.com/business/us-private-payrolls-unexpectedly-decrease-november-adp-says-2025-12-03/

US Stocks Close Higher Amid Fed Rate Cut Expectations

US stocks rose on December 03, 2025, for the sixth time in seven sessions. Dow Jones gained 408 points to 47,882. S&P 500 up 0.30 percent to 6,849. Nasdaq rose 0.17 percent to 23,454. ADP data fueled rate cut hopes. Probability stands at 89 percent. Tech stocks like Marvell surged 8 percent. Microsoft fell 2.5 percent on AI concerns. This boosts global risk appetite. Immediate implications for India include potential FII inflows. CNBC, https://www.cnbc.com/2025/12/02/stock-market-today-live-updates.html

 

Trump Proposes Tariffs to Fund Dividends and Reduce National Debt

President Trump suggests tariffs generate revenue for dividends. Proposal includes $2,000 per citizen annually. This adds $6 trillion to deficit per estimates. Tariffs seen as insufficient for debt reduction. Critics highlight mathematical inconsistencies. Plan aims to offset national debt burdens. Trade partners like India may face impacts. This influences global trade dynamics. Immediate implications include market volatility. Policy details remain under scrutiny. Fortune, https://fortune.com/2025/12/03/donald-trump-national-debt-tariffs-dividends-payments-math/

Nifty IT Sector Holds Gains Amid Market Decline

Nifty IT index gained despite overall market drop on December 03, 2025. Rupee weakness benefits export revenues. Stocks like TCS and Infosys supported upside. This counters broader sectoral losses. IT firms gain from currency depreciation. Immediate implications include sector rotation by investors. It highlights resilience in tech exports. Global demand remains key driver. This aids in limiting index downside. Analysts see continued support from forex trends. Business Standard, https://www.business-standard.com/markets/news/stock-market-live-updates-december-3-nse-bse-sensex-today-nifty-rbi-mpc-aequs-vidya-wires-meesho-ipo-125120300070_1.html