*STOX the Money™ | Market Update | 20 MAY 2025* *1. Market Performance:* • *Sensex* fell 872.98 points (−1.06%) to 81,186.44. • *Nifty 50* declined 261.55 points (−1.05%) to 24,683.90. • Both indices posted losses for the *third straight session*. *2. Key Pressures:* • *Profit booking* in heavyweight sectors. • Rising *global bond yields* (notably in Japan). • *Concerns over new Covid 19 cases* in Southeast Asia. • Caution over *India - US trade discussions.* *3. Sectoral Impact:* • Only *3 of 30 Sensex stocks* ended positive. • *Auto, financials, and defence* sectors were the biggest drags. *4. Technical Signals:* • *Nifty closed below 5 days EMA* for the first time since May 8. • Indicates shift from “buy on dips” to *profit booking* mode. • Formed a *bearish candle* with lower highs/lows. *5. Key Levels:* • *Support*: 24,500 / 24,380 / 24,350–24,400 (includes 20 day EMA & Fibonacci retracement). • *Resistance*: 24,800–24,900. *6. Outlook:* • Expecting *consolidation between 24,500–24,300.* • Seen as a *healthy correction* after recent strong rally, helping to cool overbought indicators. *Stay Invested, बुध को सब शुद्ध है।*