The Nifty Index opened positively but quickly lost momentum, dropping 130 points in the first hour and closing down 80 points. It has formed a bearish candle and is now facing resistance at 24,400. For upward movement, it needs to hold above this level, with potential targets at 24,650 and 24,750. Conversely, supports are seen at 24,200 and 24,050. The Bank Nifty also struggled, opening flat but declining to 54,200, closing down 650 points. This index faces resistance at 54,500 and could decline further if it holds below this level. Motilal Oswal recommends buying Bharti Airtel at a current market price (CMP) of ₹1,902 with a target of ₹1,980. They also suggest buying Polycab India at a CMP of ₹5,909 with a target of ₹6,310. In contrast, they advise selling Oberoi Realty at a CMP of ₹1,555, targeting ₹1,470 due to bearish indicators.