Stock Market Today, May 8 -- The benchmark Nifty-50 index, amidst mixed cues and geopolitical tensions, ended Wednesday with 0.14% gains at 24,414.40. The bank Nifty, at 54,610.90, gained 0.63%, and auto, realty, and metals were key gainers, though pharma and FMCG were the key losers. Broader Indices managed to recover with gains of more than a per cent.

On the higher side, 24500 would be the immediate breakout level for the Nifty 50 index, above which could move up to 24600-24650. On the other side, a dismissal of 24300 could accelerate the selling pressure, said Shrikant Chouhan, Head Equity Research, Kotak Securities:

For the Bank Nifty, consolidation is expected n the range of 53,500-56,000, while on the downside, key support is see...