Nifty 50 shrugged off Thursday's brief relief rally and shed 315 points (1.27%) on Friday, closing at 24,450, while Sensex dropped 1,097 points to 78,918. The trigger was fresh escalation in the Iran-Israel conflict, which stoked fears of an energy crisis. US markets also fell sharply on Friday after non-farm payrolls unexpectedly declined by 92,000 in February , against expectations of a 60,000 gain. GIFT Nifty was quoting around 24,666 on Friday, signaling a cautious start for Monday. Key support for Monday lies at 24,200–24,000, while resistance is placed at 24,700–25,000.
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