Stock Market Today, Aug. 12 -- The markets started the new week on a strong note as the benchmark Nifty 50 index gained 0.91% to 24,585.05. The Bank Nifty also gained 0.92% to 55,510.75, as most other indices led by Realty, Auto, and Pharma stood among the gainers. Only the consumer durables index ended lower. In the broader indices the

Nifty regained its 100-DMA, which aligns with the psychological mark of 24,500, now acting as the immediate support, with the next cushion at 24,340. The price structure indicates scope for a further pullback towards 24,750. said Nilesh Jain, Head - Technical and Derivatives Research Analyst (Equity Research), Centrum Broking Ltd

The Bank Nifty would have the tough resistance zone near the 56000 level, w...