# Nifty holds above 24,400 support; 24,900, 25,000 key resistance zone 2026-08-06T18:40:23+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Indian equity benchmarks closed moderately higher last week, with the Sensex gaining 0.52% to 78,499.17 and the Nifty 50 rising 0.77% to 24,570.65, according to market analysts cited by IANS. The broader market outperformed, with midcap and smallcap indices up 0.81% and 2.61% respectively. Analysts said the Nifty has formed lower highs and higher lows, indicating consolidation after the recent rally. Key support is pegged at 24,100, 24,200, while 24,900, 25,000 remains the immediate resistance zone. The near-term technical structure stays constructive, but a decisive break above resistance is needed to confirm further upside, analysts added. ## Coverage - ndtvprofit.com - siasat.com Tags: Nifty, stock market, technical analysis, trading Canonical: https://indianopinion.org/nifty-stays-range-bound-as-24400-support-guides-next-move/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/nifty-stays-range-bound-as-24400-support-guides-next-move/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.