Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 1 July

Indian stock markets are expected to open flat on July 1, tracking global cues, with Gift Nifty trading around 23,994, a discount of about 16 points from the previous close. On Tuesday, Sensex dropped 249.70 points or 0.33% to close at 76,478.67 and Nifty 50 settled 80.50 points or 0.34% lower at 23,865.75 amid monthly derivatives expiry. Technical analysts see immediate resistance for Nifty 50 at 24,000 and support at 23,800, while Sensex faces resistance at 77,000 and support at 76,300; Bank Nifty ended 184.45 points lower at 57,542.90.