Nifty 50 began today’s session with a gap-up at 24,669 versus yesterday’s close of 24,615. The index is now trading at 24,600.The advance/decline ratio stands at 24/26. L&T, up 1.5 per cent, is the top gainer followed by InterGlobe Aviation, up 1.3 per cent. On the other hand, Apollo Hospitals, down 2.1 per cent, and Sun Pharma, down 1.3 per cent, are the top losers.Among the sectors, Nifty Realty, up 2.3 per cent, is the top performer whereas Nifty Healthcare, down 0.8 per cent, is the top loser. Nifty 50 futuresThe August expiry Nifty futures began today’s session higher at 24,715 versus yesterday’s close of 24,556. It is now hovering around 24,670, up 0.5 per cent.Today’s gap-up open means the contract has rebounded well on the back of the support at 24,500. So long as it stays above 24,600, the intraday trend will remain bullish. From the current level, Nifty futures can rise to 24,800. A breakout of this can lift it to 25,000. However, if the contract declines from the current level of 24,670 and slips below 24,600, it might extend the downswing to 24,500. Support below 24,500 is at 24,350.Overall, the bias is bullish and the likelihood of a rally is high. Trading strategyBuy Nifty futures (Aug) at 24,650 and place stop-loss 24,590. Book profits at 24,800.Supports: 24,600 and 24,500Resistance: 24,800 and 24,600Published on August 5, 2026