Stock Market Today, July 29 -- The markets started a new week on a weak note as the benchmark Nifty 50 index ended 0.63% lower at 24,680.90. The Bank Nifty declined 0.79% to 56,084.90, while most sectors, with the exception of FMCG , led by Metals & Realty, ended in the red. In the broader indices, mid- and small-caps also corrected 0.84-1.26%.

As the Nifty is trading below 24,800, the weak sentiment is likely to continue. On the downside, the market may correct to 24,550-24,500. On the upside, a break above 24,800 could lead to a pullback rally extending up to 24,900, as per Shrikant Chouhan, Head of Equity Research, Kotak Securities.

For Bank Nifty, the 55,500-55,000 area remains a key support zone as per Bajaj Broking.

Markets are c...