Market Pulse: Nifty 50 Faces Pressure as Global Markets Tumble

The Nifty 50 is poised for a challenging start on Monday, February 24, 2025, as it grapples with bearish sentiment and global market turbulence. The index closed at 22,795.90 on Friday, extending its downtrend for the fourth consecutive session. Key support lies at 22,700, with a breach potentially triggering a fall to 22,600. Resistance is expected at 23,000-23,100. Global markets, particularly the US, experienced a significant crash, adding pressure to Indian equities. Investors should watch Zomato and Jio Financial Services as they prepare to enter the Nifty 50, replacing Britannia and BPCL. Other stocks in focus include Bharti Airtel, Coal India, and Bajaj Auto due to recent corporate actions.
Source: MoneyControl, CNBC TV18, Financial Express