Stock Market Today, June 3 -- The benchmark Nifty-50 index ended another volatile session at 24,716.60 down 0.14% on Monday. The Bank Nifty however gained 0.28% at 55,903.40 as Realty and FMCG index led the gains for many other indices, though metals and IT were among losers. Broader indices saw positive momentum and mid and small caps gained up to 1.3%.
The underlying trend of Nifty remains choppy with weak bias. The Nifty is expected to show short term upside bounce towards 24900 in the next few sessions. Immediate support is at 24500, as per Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
Immediate support for Bank Nifty is placed at 55,000-55,200 levels while the key short-term support is seen at 54,000-53,500,...
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