Stock Market Today, Feb. 4 -- Trump tariff spooked the global markets leading benchmark Nifty-50 index and S&P BSE Sensex also ending 0.52% and 0.41% lower at 23,361.05 and 77,186.74. The Bank Nifty at 49,210.55 ended 0.6% lower and Metals, FMCG were key prominent losers, while IT stood among prominent gainers. Broader markets also slipped nearly 1%-2%

Nifty has an immediate support at 23,222. Below that, it could test support at 23,000. On the upside, the index faces resistance near 23,550, said Devarsh Vakil, Head of Prime Research, HDFC Securities

Technically, the Bank Nifty has found support around 21-Days Simple Moving Average (21-DSMA). Resistance is placed around 50,000, with immediate support at 48,900, and a breakout in either ...