Nifty falls on US tariffs, support at 24,480; selective buys seen
Nifty closed at 24,712, with support at 24,480 and resistance at 24,920, analysts said. The sharp fall followed US tariffs of 50% on Indian goods, triggering FII selling. With monthly expiry approaching, volatility is expected, though limited short positions suggest the downside may be capped. Strong earnings pockets could offer selective investment opportunities.