Nifty’s weakness may persist, support at 24,000: Analysts

August 11, 2025

The Nifty has been experiencing losses for six weeks due to US tariffs and muted earnings. Experts predict this weakness will continue in the short term. Selling pressure may persist until a breakout around 24,600-24,800. Support lies at 24,000. Investors should consider private banking, auto, and hotel stocks on dips. Reliance, L&T, and HDFC Bank are also favored.

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