Nifty Prediction for Today, Tomorrow, This Week, Months & Year

In India, there are two primary market indexes – Sensex and Niffy. Sensex is a market index of the Bombay Stock Exchange (BSE) whereas nifty is the market index launched by the National Stock Exchange (NSE). Whether you are a trader or an investor, keeping a close check on the Nifty prediction or forecast can help you plan your investment smartly. This is why most people look at Nifty for stock market prediction. In the following part, get to know more about Nifty.

What is Nifty?

NIFTY refers to a stock market index that is brought by the National Stock Exchange. It is a combination of two terms – National Stock Exchange and Fifty devised by NSE on 21st April 1996. NIFTY 50 is a standard index and also the main highlight of NSE, which shows the top 50 equity stocks being traded in the stock exchange out of all stocks.

The stocks included in Nifty span across various domains of the Indian economy including information technology, financial services, entertainment and media, consumer goods, metals, financial services, metals, pharmaceuticals, telecommunications, construction materials, pesticides and fertilizers, automobiles, power, and other services.

Nifty is governed by India Index Services and Products (IISL), which is a fully-owned subsidiary of the National Stock Exchange Strategic Investment Corporation Limited.

NIFTY 50 chases the patterns and trends of blue-chip businesses, i.e. the top-most securities in the Indian stock market. NIFTY is made up of a number of indices – NIFTY 50, NIFTY IT, NIFTY Bank, and NIFTY Next 50; and is a part of the Futures and Options (F&O) segment of NSE which deals in derivatives.

Nifty Prediction for Next 30 Days – Nifty Forecast this Month

Date Day Min Max Value
19/5/23 Friday 17716 18440 18078
22/5/23 Monday 17609 18327 17968
23/5/23 Tuesday 17689 18411 18050
24/5/23 Wednesday 17707 18429 18068
25/5/23 Thursday 17689 18411 18050
26/5/23 Friday 17737 18461 18099
29/5/23 Monday 17739 18463 18101
30/5/23 Tuesday 17931 18663 18297
31/5/23 Wednesday 17748 18472 18110
01/6/23 Thursday 17910 18642 18276
02/6/23 Friday 17854 18582 18218
05/6/23 Monday 17935 18667 18301
06/6/23 Tuesday 17935 18667 18301
07/6/23 Wednesday 18085 18823 18454
08/6/23 Thursday 18188 18930 18559
09/6/23 Friday 18233 18977 18605
12/6/23 Monday 18259 19005 18632
13/6/23 Tuesday 18383 19133 18758
14/6/23 Wednesday 18383 19133 18758
15/6/23 Thursday 18389 19139 18764
16/6/23 Friday 18346 19094 18720
19/6/23 Monday 18298 19044 18671
20/6/23 Tuesday 18173 18915 18544
21/6/23 Wednesday 18173 18915 18544

So, whether you are looking for tomorrow, nifty prediction for next week, nifty prediction for today, you can refer to the aforementioned information for better reference.

Top Firms Listed Under Nifty

Business LTP Industrial Domain 1 Year Trend
YES Bank 47.4 Banking -20.33%
Ibull Housing Fin 197.95 Financial Services 0.04%
Eicher Motors 20491.85 Automobile 40.76%
Tata Motors 139.5 Automobile 11.785
IndusInd Bank 1340.1 Banking -41.77%
SBI 265.45 Banking and Financial Services -27.825
Coal India Ltd. 199.4 Energy and Mining 39.08%
Asian Paints 1812.3 Consumer goods 86.32%
Tata Steel 356.1 Metals 13.96%
Bajaj Auto 3111.5 Automobiles 18.35%

 

Nifty Prediction for Next Week (22th May – 30th May, 2023)

Date Day Minimum Maximum Value
22/5/23 Monday 17609 18327 17968
23/5/23 Tuesday 17689 18411 18050
24/5/23 Wednesday 17707 18429 18068
25/5/23 Thursday 17689 18411 18050
26/5/23 Friday 17737 18461 18099
29/5/23 Monday 17739 18463 18101
30/5/23 Tuesday 17931 18663 18297

 

Nifty 50 Prediction – Month Wise

Year Month Aver Close Total,%
2023 May 18576 18909 4.67%
2023 June 19346 19586 8.42%
2023 July 20086 20382 12.83%
2023 August 20303 20276 12.24%
2023 September 20134 20086 11.19%
2023 October 19717 19544 8.19%
2023 November 19083 18809 4.12%
2023 December 19252 19500 7.94%
2024 January 20203 20699 14.58%
2024 February 20334 20170 11.65%
2024 March 20347 20406 12.96%
2024 April 21547 22463 24.35%
2024 May 21832 21415 18.54%
2024 June 20949 20689 14.53%
2024 July 20257 20024 10.84%
2024 August 20652 21069 16.63%
2024 September 20499 20130 11.43%
2024 October 20324 20388 12.86%
2024 November 20555 20610 14.09%
2024 December 20073 19733 9.23%
2025 January 20058 20181 11.71%
2025 February 20554 20720 14.70%
2025 March 21695 22446 24.25%
2025 April 22535 22565 24.91%
2025 May 22679 22717 25.75%

How the calculation of Nifty is done?

A group of experts at the NSE Indices Limited oversee the NIFTY share index. It established an Index Advisory Committee to provide knowledge and direction on significant matters pertaining to stock indexes.

The market capitalization and float-adjusted methods are used to calculate the NIFTY 50 indexes. In this method, the index level represents the total market value of the stocks included in the index during a given base period. A NIFTY 50 index’s base period falls on November 3, 1995, at which time the index’s base value is set at 1000 and its base capital is Rs. 2.06 trillion.

The price index calculation formula for Nifty is given below:

The index value is determined by dividing the current market value by (Base Market Capital * 1000).

The technique used to calculate indexes also takes changes in corporate actions into account, such as stock splits and the issuing of rights, among other things.

All equities markets in India are compared to the NIFTY share market index as a benchmark. As a result, NSE regularly maintains the index to guarantee that it is stable and continues to serve as the benchmark for the Indian stock market.


FAQs About Nifty Prediction or Forecast

What is NIFTY 50?

NIFTY50 refers to a standard index showcasing the top 50 firms listed in National Stock Exchange (NSE). Their value is determined on the basis of free-float Market Capitalization.

How the selection of stocks is done for NIFTY 50?

The top 50 large-cap businesses listed on the NSE are included in the Index based on their free float capitalization mechanism. The NIFTY50 criteria are reviewed every six months to make sure they apply to all the scripts.

What do Nifty Futures and Options mean?

The NIFTY50 Index serves as the underlying asset for Nifty’s forward contracts in the derivatives market. Futures contracts for Nifty have an obligation to purchase and sell the index, whereas options carry a right but not a duty to do so.

Open chat
1
Need Help?
Connect Us for More Existing Offers