Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 24 July

The Indian stock market is expected to open lower on Friday, tracking weakness in global markets amid surging crude oil prices that stoked inflation fears; Gift Nifty traded around 23,681, about 192 points below the previous close, signalling a gap-down start. On Thursday, the Nifty 50 fell 0.53% to 23,869.60 while the Sensex dropped 0.47% to 76,391.39, marking a fourth consecutive session of losses. Analysts see key support for Nifty around 23,700-23,650 and resistance around 24,000, with Bank Nifty closing below its 200-day moving average at 56,592.