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Nifty Struggles Below 25000: Support at 24,300 Holds as Bulls Eye Breakout Above 25,200

Nifty Struggles Below 25000: Support at 24,300 Holds as Bulls Eye Breakout Above 25,200

stock market showed mixed momentum heading into the second week of September 2025. Nifty 50 closed near 24,734 after a volatile session, with intraday highs touching 24,980. Immediate resistance lies at 24,800–25,000, and a sustained move above 25,200 could open the path toward 25,650. On the downside, support is seen at 24,400–24,337, and any breach below this zone may accelerate a decline toward 24,000–23,800.

Sensex hovered around 80,718, with resistance near 81,500 and support at 80,000. A break above 81,500 could push it toward 82,200, while weakness below 80,000 may drag it to 79,200. Bank Nifty closed at 54,067, facing resistance at 54,500–55,000. Immediate support is at 53,500–53,300, and a breach below this could lead to 52,500–52,000.

Midcap and Smallcap indices remained positive, with Nifty Midcap around 13,355 and Smallcap near 14,125. These segments are showing strength, but profit booking may emerge if broader indices weaken. Fin Nifty traded near 25,732 with resistance at 26,000 and support at 25,400.

Metals and banking stocks led the rally, while IT and FMCG saw mild selling. Foreign institutional investors turned net buyers, injecting ₹1,200 crore, which helped stabilize sentiment. However, global cues remain cautious, and traders are watching U.S. jobs data and crude oil trends for further direction.

Overall, the market is expected to consolidate between 24,400 and 25,000 on Nifty, with stock-specific action dominating. A decisive breakout above 25,200 or breakdown below 24,300 will set the tone for the rest of the month.

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