Daily Forecast –Share Market – August 20th, 2026

Nifty may look for 24200 | Testing @ Nifty 24000 | Global cues for IT  Imp.

Mercury with Ketu leads the day, well supported by Moon, Mars, Rahu and Saturn. Leader of the nation is placed in the house of share market and in its debilitated sign. Indicating leader of the nation may face some issues by public but may try to give some news related to share market, which may support the market.

Cues from foreign lands etc. may remain mixed. Even then lord of lagna of horoscope is placed in debilitated sign, which may help to protect the levels of share Market. Chances of rise in the levels of share market.

Banks and financial institutions may also support the market. Chances of some recovery from lower levels. Even then chances of pressure on upper levels. Opening may remain decent.

Watch IT with better mood, reason global news/activities based. Use the day. Keep a watch on Pharmaceuticals, and many more segments related to metals, engineering, may remain active with petroleum marketing companies.

Watch Financial institutions based on news and information etc. Nifty may look for 24200.  Watch Bank Nifty etc. Nifty may test 24000 at any time. Chances of better period will be after 28-08-2026.

Trade with care with AI companies.

Indian Currency

Indian Rupee may trade in between 95.00 to 95.70 per USD.

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