Stock market today, Aug. 19 -- The markets started a new week on a strong note as the Nifty-50 index ended the day at 24,876.95 , up 1%. The Bank Nifty at 55,734.90 ended 0.71% higher, while auto, consumer durables, and metals were among key gainers as most sectors ended in the green. In the broader indices, the mid- and small-caps ended with gains of 1.08-1.38%.
With the potential to revisit 25,000 in the coming days for the Nifty-50 Index, immediate support is placed at 24,800, below which the index may drift towards 24,500. On the higher side, a decisive move above 25,000 could trigger a larger rally in the market," said Rupak De, Senior Technical Analyst at LKP Securities
Key support for Bank Nifty lies in the 54,800 and 55,000 rang...
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