Nifty closed above 24,600 last week and is expected to trade in the 24,500-24,800 range. PM Modi's GST reforms may boost consumption, while easing Ukraine tensions could soften oil prices. Analysts flagged bond yields as a risk to valuations. Immediate support lies at 24,600 and resistance at 24,740-24,800. US tariffs from Aug 27 may add volatility.