Fri Sep 06 06:18:23 UTC 2024: – Indian stock market benchmark indices, Sensex and Nifty 50, likely to open lower on Friday following weakness in global markets
– Nifty 50 formed a small negative candle on the daily chart, indicating lack of strength in the market to surpass resistance levels
– Analysts predict further consolidation in the market with weak bias, support levels for Nifty 50 expected around 25,000 – 24,900
– Bank Nifty outperformed Nifty in Thursday’s session, short term structure looks positive
– Analysts provide different levels of support and resistance for Nifty 50, expect consolidation in narrow band before fresh breakout

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