Nifty Slips 0.64% on Profit Booking; Key Hurdle at 24,744

The Nifty 50 slipped 0.64 percent on August 4, ending a four-session winning streak as profit booking triggered consolidation. Analysts place immediate support at 24,500-24,400 and say a sustained move above the 24,744 hurdle could take the index to 25,000-25,150. Bank Nifty also fell 0.6 percent, though the broader technical outlook remains positive.