Zee Business Managing Editor Anil Singhvi, in his 2 PM market update, highlighted the crucial support and resistance levels for Nifty50 and Bank Nifty, along with the outlook for mid- and smallcap stocks. He also pointed out specific stocks that remained in focus during the session.

On Bank Nifty, Singhvi said that the index has bounced back sharply from its support levels. It took support in the perfect range of 55,150–55,200. He explained that if Bank Nifty manages to sustain above 55,500, the strength will only increase further. However, he marked the range of 55,650–55,825 as the right zone to book profits.

On Nifty, Singhvi noted that the momentum was relatively less energetic compared to Bank Nifty. He said the intraday support range lies between 24,735–24,765, while strength in th

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