Nifty below 24,800; analysts warn of deeper correction
Nifty closed below 24,800 on Thursday after a sharp late fall, breaching its 20-day EMA. Analysts warned of further downside, citing 24,730 as immediate support, followed by 24,650 and 24,500. Resistance is seen at 24,850. Analysts say a healthy correction could help stabilise market sentiment.