Nifty Futures hold support near 24,370-24,400, rebound likely

The Nifty 50 is an index that tracks the price of 50 big companies in India.

On August 13, 2026, it started the day almost flat but then fell a little, trading about 0.3 per cent lower.

More stocks fell than rose, which means the mood of the market was a bit cautious.

Some companies did well, like Tata Motors Passenger Vehicles and Shriram Finance, whose shares went up.

Other companies, like UltraTech Cement and Hindalco Industries, saw their shares drop.

The media sector was the strongest, and the cement sector was the weakest.

However, experts noticed that the market is near a strong support level, like a floor that often stops prices from falling further.

Because of this support, they think the market is likely to bounce back and go up.

If it breaks that floor, prices could fall more instead.

Traders were given specific levels to buy and sell to manage their risk.

So overall, the market is a little down but might recover soon.