OICHARTS
8 AMThe 8 AM report →
ITMedium impactAfter close

Weak rupee supports Indian IT sector outlook

after close1 source ↓written by the desknot a recommendation

Kranthi Bathini, Director of Research at WealthMills Securities, highlights the attractiveness of large-cap IT companies amid a weak rupee. While volatility persists, the long-term prospects remain strong due to US economic growth and AI adoption. Investors are advised to consider patient accumulation in large-cap IT and selective mid-cap stocks like Persistent and Pope Forge.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Dec 2025, 16:10 IST.

Sourcesnews.google.com

The market after the news

PERSISTENT closed +1.1% on the day of the news, from ₹6,452.00 to ₹6,520.50; Nifty +0.6% over the same session; futures OI +0.1%.

Bulletin at 16:10 IST on 4 Dec 2025. Every change is measured from ₹6,452.00, the last close before it, on 4 Dec. Nifty 50 is measured over the same sessions.

  • PERSISTENT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PERSISTENT closes around the bulletin against the close before the news, with Nifty 50 rebased to it572964527175axis spans 25%before the news · 4 Dec6452Nifty 50PERSISTENTbulletinD0+1+3+528 Nov10 Dec19 DecFutures open interest, lotspeak 22,000Reference close ₹6,452.00. 16 sessions from 28 Nov to 19 Dec; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before4 Dec₹6,452.00basebase
On the day5 Dec₹6,520.50▲ +1.1%▲ +0.6%+0.5 pp difference
+1 session8 Dec₹6,347.00▼ −1.6%▼ −0.3%−1.4 pp difference
+3 sessions10 Dec₹6,033.50▼ −6.5%▼ −1.1%−5.4 pp difference
+5 sessions12 Dec₹6,336.50▼ −1.8%▲ +0.1%−1.8 pp difference
Gap at the open, % · ₹
0.0%+1.29 on 5 Dec
Day's range, % · ₹
1.6%≈ 100 high to low
Volume on the day
0.48×the 20-session average
Futures OI on the day
▲ +0.1%+31 lots · long build-up · price +1.1%
Futures OI open, lots
20,0005 Dec · 30 Dec expiry
Futures premium, ₹
+25.50+0.4% to spot
Puts per call, by OI
0.73from 0.70 the session before
Max pain
6,400from 6,400 the session before

Source NSE UDiFF bhavcopy · PERSISTENT on the desk →

Related