Nifty Prediction : Banks and IT important | Nifty may test 24000 | Use upper levels
Daily Forecast – Share Market – August 19th, 2026 Banks and IT important | Nifty may test 24000 | Use upper levels Mercury with Ketu leads the day, well supported by Moon, Mars, Rahu, and Jupiter. Banks and financial institution may be controlling the day or giving direction to the market. Planetary position is indicating that confusion in the market may remain for the day. Geo-political situation, Bond yield may give impact on the market of various nations. US Iran issues may continue in coming time. Strait of Hormuz may remain disturbed in coming time. Hence, crude oil prices may remain high. That may give impact on our market. Possibly Nifty may test 24000 and on the upper side may try to look for 24250. Yesterday, before CAS Nifty was at 24222. So, pressure on upper levels possible of previous levels before CAS. During the session of CAS there was a dip to the declared level. Again, banks and financial institutions may play important role for the day’s trading. At the same time watch IT, logistics and aviation related segments with care. Global political issues may remain tough, which may give impact on crude oil prices. Gold may remain bit better. Silver may remain deceptive. Nifty may test 24000. Electronic chips may give advantage to IT companies. If market shows any pull back, wait and watch, use to take advantage. Nifty may show pressure within range. Indian Currency Indian Rupee […]