Stock Market Today, Feb. 24 -- Consolidation in the week ended 21 February'2025 continued as Nifty-50 Index at 22,795.90 ended nearly 0.6% lower, week on week. Bank Nifty at 48,981.20 was also down a marginal 0.2% while Metals & Utilities were top outperformers, while Autos, Pharma, FMCG, and Telecom were key underperformers. The broader markets, however, rebounded as mid and small-caps ended approximately 1.5% higher each
For the Nifty 50 index, we could expect a quick technical pullback rally if it succeeds in holding above 22950. If it does, it could bounce back to 23100-23200. However, if it falls below 22720, the correction wave is likely to continue, said Amol Athawale, VP-Technical Research, Kotak Securities
As long as Bank Nifty...
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