Stock Market Today, July 15 -- The weakness in the markets persisted on the first day of the new week as the benchmark Nifty-50 index at 25,082.30 ended 0.27% lower. The Bank Nifty managed to end flat at 56,765.35, while the Realty and Healthcare indices were among the prominent gainers, while IT stood among prominent losers. In the broader indices, mid- and small caps gained 0.7-1.00 percent.

The Nifty-50 index slipped towards 25,000 on an intraday basis, which is very close to the 50-DMA (day moving average). On the lower end, support is placed at 24,900-24,950. If this zone holds, a rally towards 25,350 looks possible. However, failure to sustain above 24,900 may trigger a deeper phase of correction, as per Rupak De, Senior Technical ...