Stock Market Today, July 1 -- The benchmark Nifty-50 Index started the new week on a soft note, ending at 25,517.05, down 0.47% on Monday. The Bank Nifty at 57,312.75 was also 0.23% lower, while Realty and Auto were the other key losers. The pharma and IT, however, managed to end higher, as did the broader indices, which posted gains of over half a percent each.

The short-term trend for Nifty is likely to remain sideways before any decisive directional move. On the downside, a decisive fall below 25,500 could trigger a correction. On the upside, resistance is placed at 25,600 and 25,800, as per Rupak De, Senior Technical Analyst at LKP Securities.

The Bank Nifty index is currently perched above its immediate support zone of 57,000-56,80...