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Nifty

* Nifty traded subdued on the monthly expiry day and ended almost unchanged amid mixed cues.

* After an initial uptick, the Nifty index moved within a narrow range and ultimately closed marginally lower at 24,611.10, down 0.10%.

* Technically, 24,600 remains an immediate support, and a breach could open the doors for a decline toward the 24,400–24,500 zone, while resistance lies at 24,800–25,000.

* Amid mixed signals, participants should prioritize stock selection and prudent trade management.

BANK NIFTY

* The banking index extended its upward momentum for a second consecutive session, opening with a positive gap and consolidating within a narrow range while maintaining a bullish bias.

* Short- to medium-term EMAs (20, 50 and 100) continue to act as overhead resistance, whereas the 200-DEMA provides robust structural support.

* Constituents showed mixed performance, with PNB and CANBK outperforming, while AUBank and Axis Bank lagged.

* Technically, immediate resistance lies at 55,200, with firm support around 54,000.

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