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Akhilesh Jat SEBI RA

29th Aug · SEBI-Registered Analyst

Nifty50 Eyes Rebound: Will 24,460–24,335 Hold the Fort?

The Indian equity market is set for a cautious yet positive opening on August 29, 2025, with GIFT Nifty indicating nearly a 50-point gain after Nifty50 witnessed a sharp 467-point decline in just two sessions. This rebound attempt comes in the final week of the month, where market sentiment remains watchful. On the stock-specific front,

JIOFIN
continued its weak trend, closing negative for the sixth straight session and losing 6.4% over this period. For today’s trade, the key support zone for Nifty lies at 24,460–24,335, which may decide whether the index sustains the recovery or faces further pressure. ________________________________________ 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

#Pre-OpeningCommentary#WatchOutFor#MacroViews