Daily Forecast – Share Market – August 17th, 2026

Nifty may remain in tight range of 24250 to 24450 | Banks imp.

Ketu, Mars with Mercury will lead the day, and is well supported by Moon, Rahu and Saturn. Lord of banks and financial institutions may give directions to the market for the week. Remember, influence of natural signifier of treasury/economic situation – may give impact on the banks and financial institutions. Foreign cues may be giving impact on the market.

Mixed day possible. We may expect buying from lower and trimming on upper levels. Market is looking for direction from various sources of foreign market.

US may look for strategies to restructure their economy, because of some pressure on their economic structure. US may feel bit tough to continue war with Iran. Whereas Iran is still not allowing ships to clear strait of Hormuz.

Results of the various companies are expected from US. Directional cues from local market – based on news only. Range of the trade of Nifty may remain within 24250 to 24450. Banks and financial institutions may play important roles during the day or week.

Crude oil may remain around 90 USD.

Many segments may remain active on either side.

Indian Currency

Indian Rupee may trade in between 95.20 to 95.80 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.