The Indian stock market faced a downturn, with the Nifty 50 index dropping 236 points to close at 23,961, marking its fourth consecutive decline. Sumeet Bagadia from Choice Broking noted that the market bias has weakened significantly, with crucial support at the 200-DEMA level of 23,800. He advised a stock-specific approach for intraday trading, as the market may remain sideways to negative until it surpasses the 24,000 mark decisively.
