Home » Stock Market Prediction for Nifty & Bank Nifty 08th August 2025

Stock Market Prediction for Nifty & Bank Nifty 08th August 2025

In today’s stock market, Nifty and Sensex closed with gains after a strong rebound in the final hour of trade.

Stock Market Nifty Chart Prediction

On August 07, Sensex was up 79.27 points at 80,623.26, and the Nifty was up 21.95 points at 24,596.15. About 1716 shares advanced, -1996 shares declined, and 129 shares unchanged.

Top Nifty gainers: Hero MotoCorp, Tech Mahindra, Wipro, Eternal, JSW Steel
Top Nifty Losers : Adani Enterprises, Adani Ports, Trent, Tata Motors and Grasim Industries.

Most sectoral indices bounced back from their intraday lows, with gains of 0.5–1% seen in IT, media, and pharma stocks.

BSE midcap index up 0.3% and smallcap index ended on flat note.

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

Worst Stocks of the day according to AI (Delta Dash)

Stock Prediction for 08th August 2025

Prediction for Friday NIFTY can go up if it goes above 24,600 or down after the level of 24,500, but it also depends upon the Global cues.

Nifty witnessed a sharp turnaround on Thursday after a shaky start, closing the day with gains. The index opened with a gap-down of 90 points and extended its decline during the early to mid-session. However, a strong recovery from the low of 24,344 fueled steady upward momentum throughout the day, eventually filling the opening gap. Going forward, resistance is seen around 24,600–25,000, while support is expected between 24,500–24,000.

Highest Call Writing at
24,600 (3.1 Cr)
Highest Put Writing at
24,500 (1.6 Cr)

Nifty Support and Resistance

Support 24,500–24,000
Resistance
24,600–25,000

Bank Nifty Daily Chart Prediction

Prediction For Friday , BANKNIFTY can go up if it goes above 55,600 or down after the level of 55,000, but it also depends upon the Global cues.

Bank Nifty continues to trade in a bearish zone. Traders holding short positions can maintain them with a daily closing stop-loss at 55,796. On the higher side, resistance is placed at 55,600 and 56,000, while support is expected around 55,000 and 54,500 levels.

Highest Call Writing at55,600 (22.0 Lk)
Highest Put Writing at 55,000 (13.5 Lk)

Bank Nifty Support and Resistance

Support55,000 and 54,500
Resistance
55,600 and 56,000

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