Stock Market Today, July 17 -- The consolidation in the markets continued as the benchmark Nifty-50 index ended marginally 0.06% higher at 25,212.05 on Wednesday. The Bank Nifty at 57,168.95 was up 0.28%, as FMCG and IT Realty Indices were the other few gainers, while Metals and Pharma stood among key losers. In the broader indices, too, mid- and small caps ended flat.
The Nifty 50 index would have the near-term hurdle at 25250 levels, which, when breached above, shall aim for the targets of 25500 and 25700 levels. The important EMA zone at the 24900 level would continue to remain the crucial support area, as per Vaishali Parekh, Vice President of Technical Research at PL Capital.
Bank Nifty continues to witness a gradual rise after sus...
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