Home » Stock Market Prediction for Nifty & Bank Nifty 24th March 2026

Stock Market Prediction for Nifty & Bank Nifty 24th March 2026

In today’s stock market, Markets were deep in the red as the Sensex plunged 1,900 points, while the Nifty50 slipped below the 22,500 mark.

Stock Market Nifty Chart Prediction

On March 23, the Sensex was down 1,958.04 points at 72,574.92. The broader Nifty declined to 22,484.85, down 629.65 points, its lowest level since April 9, 2025. Market breadth remained weak, as bout 521 shares advanced, 3265 shares declined and 138 shares unchanged.

Top Nifty gainers: HCL Technologies, Tech Mahindra, ONGC, Power Grid Corp, TCS.
Top Nifty Losers : Shriram Finance, UltraTech Cement, Adani Enterprises, Jio Financial

All the sectoral indices ended in the red with realty, Capital Goods, Consumer Durables, metal, PSU Bank down more than 4% each.

Nifty Midcap and smallcap indices slipped more than 3% each.

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

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

Stock Prediction for 24th March 2026

Prediction for Tuesday NIFTY can go up if it goes above 23,500 or down after the level of 22,000, but it also depends upon the Global cues.

Nifty remains under strong selling pressure after a sharp breakdown, indicating a weak near-term trend with bears firmly in control. As long as the index stays below the resistance zone of 23,500–24,000, any pullback is likely to face selling pressure. On the downside, immediate support is placed around 22,000, and a breakdown below this level could extend the fall towards 21,500. Overall, the bias remains bearish, with traders advised to adopt a sell-on-rise approach until a decisive recovery above resistance levels is seen.

Highest Call Writing at
23,500 (79.3 Lk)
Highest Put Writing at
22,000 (80.7 Lk)

Nifty Support and Resistance

Support 22,000 and 21,500
Resistance
23,500 and 24,000

Bank Nifty Daily Chart Prediction

Prediction For Tuesday BANKNIFTY can go up if it goes above 52,000 or down after the level of 51,000, but it also depends upon the Global cues.

Bank Nifty is witnessing strong selling pressure after a sharp breakdown, indicating a clear bearish trend in the near term. As long as the index remains below the resistance zone of 52,000–53,000, any bounce is likely to face selling pressure. On the downside, immediate support is placed around 51,000, and a break below this level could drag the index further towards 50,000. Overall, the bias remains negative, and a sell-on-rise strategy is preferred until a decisive move above resistance levels signals strength.

Highest Call Writing at52,000 (10.1 Lk)
Highest Put Writing at51,000 (6.7 Lk)

Bank Nifty Support and Resistance

Support51,000 and 50,000
Resistance
52,000 and 53,000

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