Trade setup for Nifty 50 to global markets; 8 stocks to buy or sell on Friday

| 21 Feb 2025 8:57 AM IST

Stock Market Today: Consolidation in the markets continued on Thursday as benchmark Nifty 50 Index ended 0.09% lower at 22,913.15.

The Bank Nifty saw a steeper 0.49% cut to end at 49,334.55, while the IT index was the other prominent loser. Metals, Oil & Gas, and Auto sectoral index, on the other hand, saw smart gains, and even broader markets ended half a per cent higher

For the Nifty 50 Index, the 22950 level is crucial to watch. If the market moves above 22950, it could rally to the 23050-23100 range. Conversely, a breach of 22800 could change the sentiment, potentially leading to a retest of the 22725-22650 levels, said Shrikant Chouhan, Head of Equity Research, Kotak Securities.

Tags: Stock Market TodayNiftyITglobal markets

Categories: Business & Economy

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