Can Nifty Bulls Defend 24,500 Support After Worst Week In Over 6 Months?

Bears tightened their grip on the markets for a sixth straight session, sending the Nifty 50 down nearly 1% on September 26 and 2.65% for the week. The index slipped to the crucial 24,600 zone-the 78.6% retracement of the recent rally-making it the key level to watch for the next move. Will the market bounce back or break lower? Experts say a drop below 24,600 could open the way to 24,400–24,300, while any recovery may face resistance around 24,750–24,900. Stocks on the radar: HUL, HDFC Bank, Oil India, Tata Motors and more. Join Nandita Khemka live with Rajesh Palviya, Senior VP & Head of Technical & Derivatives Research at Axis Securities, and Nikhil Khandelwal, MD of Systematix Group, as they decode the market action and key trading levels.