Nifty 50 Outlook: Break Below 24,000 Unlikely Next Week

Technical analysis indicates that the Nifty 50 index is unlikely to break below the 24,000 level in the coming week of August 2026.

SBI Securities analyst Sudeep Shah suggests that the Smallcap index may currently be better positioned than the Nifty 50 for growth.

Traders are advised to maintain caution amid volatility, with specific strategies recommended for stocks like Bajaj Finance.