The Nifty did cross 25,000 intraday on Wednesday, but could not hold on to those levels, eventually closing below that mark. The participation of the Nifty Bank would give the bulls some comfort, while IT continues to remain in focus ahead of the Infosys buyback board meeting.
Sustaining above 25,000 remains the key for the Nifty, which will bring Wednesday's high of 25,034 into play. The third day of higher highs and higher lows on the charts would mean the support now moves to Wednesday's low of 24,916.
Watch this space for all the live updates.










