Analysts warn of further weakness if Nifty fails to hold 24,500 level

  • Posted on August 4, 2025
  • By Business News Today
  • 5 Views
Analysts warn of further weakness if Nifty fails to hold 24,500 level

Nifty has been on a five-week decline, facing resistance around 24,800-25,000, and may continue to experience pressure. Analysts suggest healthcare, cement, and FMCG sectors could show strength, while advising caution on IT and metal stocks. A break below 24,500 could trigger further selling, with potential support levels around 24,000-23,800.
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