Share Market Outlook Today (26th August 2026)

Nifty Prediction Today

The Nifty index ended the session at 24,334 UP by 115 points, closed above the support level of 24,050. . Upcoming major resistance now stands at 24500-24600 zone and support at 24000 -24050 zone. Technically, this area remains significant and is likely to act as a support zone in the coming sessions, sustaining above the same will see fresh buying in the market. while on the upside, the index next major resistance zone stands at 24,500-24,600. Derivatives data reinforces this view, with the highest Call open interest concentrated at the 24,500–24,600 strikes, highlighting a strong resistance cap, whereas notable Put open interest at the 24,000–23,800 strikes confirms a support base. Overall, while the broader market undertone remains positive, traders are advised to stay cautious amid global trade uncertainties and potential tariff-related developments

Nifty Support and Resistance Level

Exponential Moving Averages

Bank Nifty Prediction Today

Bank Nifty witnessed upward momentum, closing 11 points down at 57,515. The index continues to hold support in the 56,500–56,000 zone, while resistance remains capped near the 58,500-58,000 level. The broader structure of the banking space remains buy on dips, reflecting underlying volatile. The overall bias stays neutral with a range-bound outlook. Derivatives data shows the highest call open interest at the 58,000-58500 strike and the highest put open interest at the 56,000 strike, indicating a potential trading range between these key level

Bank Nifty Support and Resistance Level

Exponential Moving Averages

Share Market News and Events Today

Positive News

• NITCO: HoABL enters JV with the company, subsidiary and promoter for Alibaug land parcels; project expected to generate Rs. 1,500 crore revenue for NITCO.
• BR Goyal Infra: Receives Rs. 151 crore toll collection contract from NHAI.
• NBCC: Receives Rs. 122 crore order from Rajasthan Council of School Education.
• Advait Energy Transitions: Receives Rs. 135 crore order from MPPTCL.
• ARSS Infra: Receives work order worth Rs. 104 crore.
• Hindustan Copper: Government exercises oversubscription option of 2.9 crore shares; total OFS size rises to 5.8 crore shares (6% stake)Non-retail portion subscribed 3.41x
• Indian Metals & Ferro Alloys: First tapping of hot metal commences at Kalinganagar facility.
• Sai Parenterals: Arm Noumed renews a three-year OTC supply agreement with higher contract value of Rs. 204 crore.

Negative News

• Cipla: US FDA inspected the Pithampur facility from August 17-25 and issued 7 observations in Form 483.
• Arvind: The company terminates its green power purchase agreement with Torrent Urja 28.
• United Breweries: Heineken Silver launches in Kerala, Odisha and Madhya Pradesh from August 25.