Home » Stock Market Prediction for Nifty & Bank Nifty 04 June 2026

Stock Market Prediction for Nifty & Bank Nifty 04 June 2026

In today’s stock market, Nifty closes around 23,400 while Sensex sheds 304 points in a volatile session; IT stocks remain under pressure.

Stock Marspin maya casinoket Nifty Chart Prediction

On June 03, the Sensex was down 303.67 points at 74,346.17, and the Nifty was down 77.95 points at 23,405.60. About 1714 shares advanced, 2318 shares declined, and 167 shares unchanged.

Top Nifty gainers: Apollo Hospitals, Max Healthcare, Tata Motors Passenger Vehicles, SBI
Top Nifty Losers : TCS, Tech Mahindra, HCL Technologies, Infosys, and Wipro

Among sectors, IT index shed 5.5%, FMCG, realty slipped 1% each, and Consumer Durables fell 0.8%, while Telecom index rose 2%, PSU Bank index jumped 1.7%, healthcare index was up 0.5% each.

Nifty Midcap 100 index shed 0.4% and Nifty Smallcap 100 index down 0.1%.

Best Stocks aviatorof the day according to AI (Delta Dash)

Worst Stocks of thteen pattie day according to AI (Delta Dash)

Stock Prediction for 04 June 2026

Prediction for Thursday NIFTY can go up if it goes above 23,500 or down after the level of 23,000, but it also depends upon the Global cues.

Nifty is trading near a crucial zone and, therefore, market participants should closely watch key levels in the coming sessions. Meanwhile, the 23,000–22,500 range is expected to provide strong support, and any sustained hold above this zone could attract fresh buying interest. However, if weakness persists, then the index may retest lower support levels. On the upside, 23,500 remains the immediate hurdle; furthermore, a decisive breakout above it could pave the way toward 24,000. Consequently, traders should remain cautious, while a move above resistance may improve sentiment and support a short-term recovery.

Highest Call Writing at
23,500 (73.1 Cr)
Highest Put Writing at
23,000 (63.1 Cr)

Nifty Support and Resistance

Support 23,000 – 22,500
Resistance
23,500 and 24,000

Bank Nifty Daily Chart Prediction

Prediction For Thursday BANKNIFTY can go up if it goes above 54,600 or down after the level of 53,400, but it also depends upon the Global cues.

Bank Nifty is showing improving momentum and, therefore, traders may witness positive price action if buying interest continues. Meanwhile, 53,400 remains the immediate support level, while 52,500 is expected to act as a stronger demand zone. However, any breakdown below support could trigger fresh selling pressure. On the upside, 54,600 is the first key resistance; furthermore, a sustained move above this level may open the door toward 55,500. Consequently, as long as the index holds above support levels, the broader bias is likely to remain constructive and recovery-oriented.

Highest Call Writing at54,600 (21.3 Lk)
Highest Put Writing at 53,400 (12.5 Lk)

Bank Nifty Support and Resistance

Support53,400 and 52,500
Resistance
54,600 –55,500

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