Stock Market Today, July 16 -- Investors got respite as the Benchmark Nifty-50 index ended with 0.45% gains at 25,195.80 on Tuesday, after four straight sessions of decline. The Bank Nifty also gained 0.43% to the 57,006.65 level, while Auto, Healthcare, and Consumer Durables led the gains as all the indices ended with gains. The mid- and small-caps ended with gains of close to 1%.
For Nifty, a sustainable move above the immediate resistance of 25350 could open more upside in the near term. Immediate support is placed at 25000 levels, as per Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.
For Bank Nifty, a move above 57,600 will signal an extended rally towards 58,500 levels in the coming week, as per Bajaj Broking...
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