Stock market today, Aug. 5 -- The benchmark Nifty Index gained 0.64% to end at 24,722.75, marking a positive start to a new week. The Bank Nifty, though, ended flat at 55,619.35. Metals, auto, and realty stood among key gainers. In the broader indices, even the mid and small caps ended up 1.27-1.4%.

The benchmark Nifty-50 index could see a recovery in the short term. On the higher end, it might move towards 24850/25000. Support on the lower end is placed at 24650/24500, said Rupak De, Senior Technical Analyst at LKP Securities.

Going ahead, for Bank Nifty, it is near a crucial support zone, amid weakening momentum. A breakdown below 55,500 could extend the fall toward 55,000-54,700 levels, as per Reliance Securities

Investors now await...