Nifty watch: weak momentum persists despite strong GDP print

Nifty starts September on a cautious note, trading below its 100-day EMA even after India's 7.8% GDP surprise. Analysts peg 24,350 as key support and 24,800 as resistance. SEBI RA Bharat Sharma flagged a "moderately negative" bias unless momentum builds above 24,600. Bank Nifty support lies at 53,495-53,660, resistance at 54,177-54,248.