Stock Market Today, June 24 -- The heightened Israel-Iran conflict meant that the benchmark Nifty-50 index continued its correction, ending 0.56% lower at 24,971.90 on Monday. Bank Nifty also lost 0.34% to end at 56,059.35. Most sectors led by IT, auto, and FMCG saw a decline, while metals and consumer durables stood among the gainers. On the positive side, in the broader indices, the mid and small caps ended 0.36-0.7% higher.
Nifty managed to close above the support level of 24,850, and Indian equities may continue to offer buying opportunities as long as the Nifty sustains above this level. On the higher side, if it moves above 25,000, it may head towards 25,350 in the short term, said Rupak De, Senior Technical Analyst at LKP Securiti...
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