Stock Market Today, July 3 -- Amid weak global cues and as concerns around US trade policies continue, the benchmark Nifty-50 Index ended 0.35% lower at 25,453.40. The Bank Nifty lost 0.80% to end at 56,999.20, while realty was also under pressure, though metals, pharma, and auto sectors were among key gainers. The broader indices also ended slightly lower.
As long as the Nifty is trading below 25,500, the weak sentiment is likely to continue, and the market could retest the level of 25,300 and 25,225 thereafter. If the market rises above 25,500, it could bounce back up to 25,600-25,670, as per Shrikant Chouhan, Head Equity Research, Kotak Securities.
For Bank Nifty, structural support is placed in the 56,000-55,500 region, as per Bajaj...
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