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The Nifty continues to exhibit a lackluster sentiment as traders await the RBI rate decision. The market is likely to remain sideways for another session until the announcement and follow-up commentary on Friday. A bearish crossover in the momentum oscillator RSI signals weakening price momentum, suggesting limited movement in the near term. Immediate support is placed at 24,500; a break below this level could lead to further weakness. On the higher side, resistance is seen at 21,750/21,900.
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