Stock market today, June 26 -- The benchmark Nifty-50 index managed to end above the level of 25,200, settling at 25,244.75, with gains of 0.80% on Wednesday. Bank Nifty at 56,621.15 also ended 0.28% higher as all indices ended with gains led by Auto, IT, and FMCG. Even mid- and small caps ended with gains of 0.44 to 1.49%.
For the Nifty-50 Index, now, 25000 and 25100 would act as key support zones, and above these levels, the bullish sentiment may continue. On the higher side, 25300 would act as an immediate resistance, while above this could push the market towards 25450-25500, as per Shrikant Chouhan, Head of Equity Research, Kotak Securities.
Bank Nifty has retraced more than 80% of its recent breather (57049-55149),, and momentum r...
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