F&O Talk| Nifty continues downward path, technical indicators show persistent weakness: Sudeep Shah

August 9, 2025

Indian stock markets faced a tough week. Nifty 50 and Sensex both declined. Global worries and continuous selling by foreign investors impacted the market. Analyst Sudeep Shah suggests caution. Nifty’s key support is around 24200-24150. Bank Nifty’s support lies near 54950-54850. Auto sector shows resilience. Pharma and IT sectors face bearish trends.

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