In today’s stock market, stock market ended its three-day decline. The Nifty 50 moved above 23,400, and the BSE Sensex jumped 939 points.
Stock Market Nifty Chart Prediction
On March 16 , BSE Sensex rose 938.93 points to 75,502.85, and the Nifty 50 gained 257.70 points to reach 23,408.80. Around 1,410 shares advanced, 2,772 shares declined, and 157 shares remained unchanged.
Top Nifty gainers: M&M, Grasim Industries, Trent, UltraTech Cement, HDFC Bank
Top Nifty Losers : Bharat Electronics, Wipro, Max Healthcare, Sun Pharma, Coal India.
On the sectoral front, auto, bank, FMCG, metal up 0.3-1%, while media, oil & gas, pharma, realty, capital goods down 0.5-2.7%.
Nifty Midcap index down 0.3%, while smallcap index down 0.5%.
Best Stocks of the day according to AI (Delta Dash)
Worst Stocks of the day according to AI (Delta Dash)
Stock Prediction for 17th March 2026
| STOCK | Good Above | Weak Below |
| HDFCBANK | 841 | 833 |
| MCX | 2575 | 2545 |
| PAYTM | 1020 | 1010 |
| RELIANCE | 1401 | 1385 |
Prediction for Tuesday NIFTY can go up if it goes above 23,300 or down after the level of 23,000, but it also depends upon the Global cues.
The Nifty 50 recovered strongly today after briefly falling to an intraday low of 22,955 and later closing around 23,350, gaining nearly 200 points. The rebound was supported by healthy trading volumes, suggesting that the 22,900–23,000 range is emerging as an important short-term support zone. Such recoveries after sharp declines often indicate value buying at lower levels, though the broader market structure has not yet turned clearly bullish. Market movements may remain volatile due to global developments and news flow. Traders with a higher risk appetite may consider a buy-on-dips strategy while keeping 22,900 as a strict stop-loss and maintaining disciplined risk management. Resistance is seen between 23,300–23,800, while support is placed in the 23,000–22,500 range.
| Highest Call Writing at | 23,300 (1.1 cr) |
| Highest Put Writing at | 23,000 (92.9 Lk) |
Nifty Support and Resistance
| Support | 23,000–22,500 |
| Resistance | 23,300–23,800 |
Bank Nifty Daily Chart Prediction
Prediction For Tuesday BANKNIFTY can go up if it goes above 54,500 or down after the level of 53,700, but it also depends upon the Global cues.
The Nifty Bank ended the session with a slight gain as buying interest emerged near the key support zone of 53,500. Momentum indicators remain in the oversold zone, indicating the possibility of a short-term rebound. If the recovery continues, the index may move towards the 55,000 level in the near term. However, this rise should be seen only as a technical pullback after the recent sharp fall from higher levels and not as a trend reversal. Resistance is placed between 54,500–55,000, while support is seen in the 53,700–53,400 range.
| Highest Call Writing at | 54,500 (11.0 Lk) |
| Highest Put Writing at | 53,700 (7.9 Lk) |
Bank Nifty Support and Resistance
| Support | 53,700–53,400 |
| Resistance | 54,500–55,000 |
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