Latest: Stock market today: Nifty50 ends below 24,400; BSE Sensex tumbles over 750 points

The frontline indices started on a muted note and remained confined within the range of the previous day.Among the major sectoral indices, Nifty Energy is the best performing sector gaining 1.25% while Nifty IT is the worst perfoming sector losing 4.65%Coming back to Nifty, the zone of 24350-24320 will act as a crucial support for the index while the resistance lies in the zone of 24600-24620 zone.On the downside, if the index slips below the level of 24320 then the next support is placed the zone of 24170-24150.In an event of a surge above 24620, the index can experience an extension of the rally towards 24800.On the options front, meaningful call writing witnessed across 24500 & 24600 strikes. On the put side, 24400 has a substantial open interest, followed by 24300 strike.Nifty's Advance Decline Ratio is at 22:28. Nifty's PCR is currently at 0.96.Speaking of Sensex levels, support is at 78,300 while resistance is at 79,100.

The frontline indices started on a muted note and remained confined within the range of the previous day.Among the major sectoral indices, Nifty Energy is the best performing sector gaining 1.25% while Nifty IT is the worst perfoming sector losing 4.65%Coming back to Nifty, the zone of 24350-24320 will act as a crucial support for the index while the resistance lies in the zone of 24600-24620 zone.On the downside, if the index slips below the level of 24320 then the next support is placed the zone of 24170-24150.In an event of a surge above 24620, the index can experience an extension of the rally towards 24800.On the options front, meaningful call writing witnessed across 24500 & 24600 strikes. On the put side, 24400 has a substantial open interest, followed by 24300 strike.Nifty's Advance Decline Ratio is at 22:28. Nifty's PCR is currently at 0.96.Speaking of Sensex levels, support is at 78,300 while resistance is at 79,100.