Stock Market Today, July 30 -- The benchmark Nifty-50 index rebounded 0.57% on Tuesday to end at 24,821.10 amidst short covering. Bank Nifty at 56,222.00 gained 0.24%, as most sectors led by Realty, Pharma, Metals, and Oil & Gas were among the gainers. Even mid- and small-caps ended with 0.8-1.0% gains.

On the higher side, Nifty may move towards 24,950-25,000. A decisive move above 25,000 could trigger a rally towards 25,200. On the downside, support is placed at 24,750, said Rupak De, Senior Technical Analyst at LKP Securities.

For the Bank Nifty, support lies at 56000-55800, while it faces resistance in the 56500-56750 zone, as per analysts.

Going ahead, investor focus would shift towards global macros, with US Q2 GDP and the Fed int...