Stock Market Today, May 16 -- The Benchmark Nifty-50 Index rebounding well on Thursday ended 1.6% higher at 25,062.10. Bank Nifty also ended 1.01% higher at 55,355.60. as Metals Realty, Auto, IT Oil & gas led the rally for most other sectors. In the broader indices small and mid caps ended 0.5-0.74% higher.

For the Nifty-50 Index 24,900 and 24,750 would act as key support zones, while 25,210-25,300 could serve as key resistance levels for the bulls. However, below 24,750, the uptrend would become vulnerable, said Shrikant Chouhan, Head - Equity Research, Kotak Securities

On the other hand, the immediate hurdle for Bank Nifty is seen around 55,500, while major support is placed near 53,480, said Hrishikesh Yedve, AVP Technical and Deriva...