Stock market today, Aug. 25 -- For the week ending 22 August, the Nifty-50 index, at 24,870.10, ended almost 1% higher. The Bank Nifty at 55,149.40, however, ended 0.4% lower week on week. Among other sectoral indices, Autos and FMCG. Real estate and telecom were key gainers; utilities stood among the key losers.
Going ahead, for Nifty-50, the zone of 24650-24600 level will act as important support for the index. While on the upside, the zone of 25050-25100 will act as a crucial hurdle for the index, as per Sudeep Shah, Vice President & Head of Technical and Derivatives Research, SBI Securities.
The zone of 54900-54800 will act as immediate support for the Bank Nifty, as per Shah.
In the coming week, investors will monitor domestic dat...
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