The market witnessed a bearish session today. After a flat opening, Nifty opened volatile and couldn’t sustain above 24800, followed by a constant fall towards 24500, from which it took support and consolidated, hence closing near 24550. Nifty closed negative by 175 points today, while Bank Nifty fell from 56100 towards levels of 55450 and closed bearish by 300 points. Nifty FMCG was down by 0.49%, while Nifty IT plunged by 0.67%.