Stock Market Today, June 19 -- Amidst ongoing market consolidation, the benchmark Nifty-50 Index ended 0.17% lower at 24,812.05 on Wednesday. The Bank Nifty, at 55,828.75, however, gained 0.21%. The auto and consumer durables indices also gained 0.21%, as did the IT, metals, and FMCG indices, though most others ended lower. The broader indices also saw pressure as mid- and small caps ended 0.23-0.46% lower.

As long as the Nifty is trading below 24,800, the weak sentiment is likely to continue, and 24,725 would be the immediate support zone for traders. Below this, the market could slip to 24,500, while above 24,900, the sentiment could change, and it could rally up to 25,000-25,100, as per Shrikant Chouhan, Head Equity Research, Kotak Se...