Stock Market Today, May 29 -- The benchmark Nifty-50 Index ended another volatile session with a negative bias on Wednesday, down 0.3% at 24,752.45. The Bank Nifty, however, gained 0.12%, helped by gains in PSU Banks, though most other sectors, led by FMCG, Healthcare, ended Lower. In the broader indices, while the mid-cap index was flat, the small-cap index ended slightly higher.
For the day of monthly expiry, 24600 is likely to act as a strong support where the 20-day EMA is placed. On the upside, the 24900-25000 band would continue to offer resistance in the Nifty, said Nandish Shah, Deputy Vice President, HDFC Securities.
On the upside, Bank Nifty is still facing resistance near the 56,000-56,100 zone, while the support is placed ne...
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