: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,600-24,700 levels and a strong buy zone at 24,475-24,575 levels on Wednesday, May 28. For the Nifty Bank, the market wizard expects support at 54,825-55,025 levels and a strong support zone at 54,575-54,700 55,000-55,200 levels. 

The market wizard sees a higher zone at 24,900-25,000 levels and a profit-booking zone at 25,060-25,125 levels for the headline index.

For the banking index, he sees a higher zone at 55,500-55,650 levels and a profit-booking zone at 55,700-55,875 levels. ​

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Stocks in F&O ban

RESULTS REVIEWS | LIC, NMDC

LIC 

NMDC 

• NMDC futures have support at Rs 71 and Rs 70
• Higher levels expected at Rs 74.5 and Rs 76

STOCK OF THE DAY | ITC

• Buy ITC futures near the block deal price
• BAT to sell 2.3 per cent stake in ITC on Wednesday at a floor price of Rs 400/share
• Currently, BAT has a 20.3 per cent stake in ITC