Nifty 50 faces key test at 24,000

Nifty 50's 24,000 level is a make-or-break support; sustaining below could intensify selling toward 23,800-23,780.

A rebound above 24,000 could lift the index toward the 24,100-24,200 range.

Bank Nifty's fall below short-term moving averages signals weakness.