The Nifty 50 experienced a slight decline, closing at 26,042, and is expected to consolidate below 26,250 with support at 26,000-25,950. The Bank Nifty also fell to 59,011, with 58,950 as a key level to watch. Market breadth favored declining shares, indicating bearish control. Analysts anticipate continued consolidation unless a decisive breakout occurs, though the overall undertone remains cautiously optimistic due to prices holding above key moving averages.