Stock Market Today, May 27 -- The benchmark Nifty-50 Index started the week on the positive note, ending 0.6% higher at 25,001.15 on Monday. The Bank Nifty at 55,572.00 ended 0.3% higher with most other sectors led by FMCG, IT and Auto ending higher. The broader indices to gained 0.4-0.6% higher.

In the short term, the Nifty-50 index is likely to remain strong with the potential to extend its gains towards the 25,300-25,350 range. On the lower end, support is visible at 24,800, said Rupak De, Senior Technical Analyst at LKP Securities.

For Bank Nifty Immediate support is placed at 54,800 levels while the short-term support is seen at 54,000-53,500, as per Bajaj Broking

"The U.S. decision to consider extending the deadline for imposing ...