Nifty Rally to 24,500-24,600 Seen on Sustained Buying

Nifty 50 rose in four of five sessions, closing above its 200-day EMA for the first time since July 6 and signaling stronger momentum. Experts suggest follow-through buying could push the index toward 24,500-24,600, with potential for 24,800-25,000 if the 24,100-24,000 support holds. Bank Nifty stayed range-bound, needing a close above 20-day EMA.