Nifty 50 ended at 24,634, holding support at 24,600 amid selling near 24,800 - Religare Broking Ltd

Market Outlook
The Nifty 50 closed at 24,634, marking a negative session. On the daily chart, the index displayed resilience near its immediate support at 24,600, while facing consistent selling pressure around the 24,800 level. Derivatives data indicate a significant Call OI build-up at the 24,700 and 24,800 strikes, reflecting sustained downward pressure on the index. For the monthly expiry, the highest Put OI at 24,500 suggests a strong support zone.
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