Archive · 22 Jul 2026
Indian Stock Market: Sensex, Nifty 50 Predictions for 21 July
The Indian stock market, including the Sensex and Nifty 50, is expected to open lower on 21 July due to mixed global market cues and concerns over the US-Iran conflict.
The Sensex and Nifty 50 both ended lower on Monday.
Analysts have different views on the market's direction.
Some believe the market will bounce back if it holds key support levels, while others predict a decline if certain levels are breached.
The Bank Nifty also ended lower but remains above key moving averages.
The market's movement will be influenced by global cues and technical levels.
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Tuesday, tracking mixed global market cues.
The Sensex dropped 442.93 points, or 0.57%, to close at 77,708.52, while the Nifty 50 settled 95.80 points, or 0.39%, lower at 24,238.50.
Analysts have different views on the market's direction, with some predicting a bounce back if key support levels are held and others predicting a decline if certain levels are breached.
The Bank Nifty index ended 576.40 points, or 0.98%, lower at 57,945.00 on Monday, forming a small-body bullish candle with wicks on either side.
The market's movement will be influenced by global cues and technical levels, with immediate support and resistance levels identified for the Sensex, Nifty 50, and Bank Nifty.
- Who
- Indian stock market investors and traders
- What
- Predictions for Sensex, Nifty 50, and Bank Nifty
- When
- 21 July
- Where
- India
- Why
- To provide insights into the expected market movements based on technical analysis and global cues
Bullish View
Bearish View
Market Outlook
Bullish View
The near-term uptrend of Nifty 50 is still intact, and as long as it holds 24,000 levels during its ongoing consolidation, the index is expected to bounce back towards 24,350 - 24,400 levels again in the near term.
Bearish View
A close below 76,800 could open the doors for a decline towards 76,200, whereas a sustained move above 78,300 may pave the way for a retest of 78,700.
Support and Resistance Levels
Bullish View
Immediate supports to be watched is at 24,000 levels. Reclaiming intraday momentum above 24,350 will be the first step for the bulls before they can attempt a breakout toward the 24,500 – 24,600 supply zone.
Bearish View
Immediate support is placed around 24,200 – 24,150, followed by 24,000. On the upside, resistance is seen near 24,350 – 24,450.
- Sensex Previous Close
- 77,708.52
- Nifty 50 Previous Close
- 24,238.50
- Bank Nifty Previous Close
- 57,945.00
- Gift Nifty Level
- 24,147
- Gift Nifty Discount
- 112 points
