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

Last updated on: December 11, 2023

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 Nifty forecast can help you plan your investment smartly. This is why most people look at Nifty forecast for stock market prediction. In this Article, you will get Nifty Forecast or Nifty Prediction for tomorrow, today, next week, months and whole financial year 2023-24.

Nifty Prediction

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. Nifty is the term that changes continuously that’s why experts suggest to watch nifty performance & nifty prediction for tomorrow and next week before investing in stock market.

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 Prediction for Next 30 Days – Nifty Forecast this Month

Date Day Lowest Highest Value
04-12-2023 Monday 19325 20140 19938
05-12-2023 Tuesday 19792 21016 20404
06-12-2023 Wednesday 19828 21054 20441
07-12-2023 Thursday 20034 21274 20654
08-12-2023 Friday 20130 21376 20753
11-12-2023 Monday 20130 21376 20753
12-12-2023 Tuesday 20123 21367 20745
13-12-2023 Wednesday 20113 21357 20735
14-12-2023 Thursday 20142 21388 20765
15-12-2023 Friday 20233 21485 20859
18-12-2023 Monday 20194 21444 20819
19-12-2023 Tuesday 20160 21408 20784
20-12-2023 Wednesday 20253 21505 20879
21-12-2023 Thursday 20494 21762 21128
22-12-2023 Friday 20494 21762 21128
25-12-2023 Monday 20514 21782 21148
26-12-2023 Tuesday 20546 21816 21181
27-12-2023 Wednesday 20494 21762 21128
28-12-2023 Thursday 20533 21803 21168
29-12-2023 Friday 20527 21797 21162
01-01-2024 Monday 20720 22002 21361
02-01-2024 Tuesday 20826 22114 21470
03-01-2024 Wednesday 20984 22282 21633
04-01-2024 Thursday 20884 22176 21530
05-01-2024 Friday 20817 22105 21461

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

Nifty Prediction for Today

Nifty prediction for today is 20753 with slight changes, here you can check highest & lowest nifty for today and according to that you can invest in stocks.

Nifty Forecast for Today
Date Nifty Value Highest Lowest
11 December 2023 20753 21376 20130


Nifty Prediction for Tomorrow

Nifty prediction for tomorrow is 20745 with slight changes, here you can check highest & lowest nifty 50 prediction for tomorrow and according to that you can invest in stocks.

Nifty Forecast for Tomorrow
Date Nifty Value Highest Lowest
12 December 2023 20745 21367 20123


Tomorrow Nifty Prediction in detail

Tomorrow nifty index will stand at 20,745 indicating a prevailing positive trend. If you currently have long positions in the market, it is advisable to maintain these positions.

However, it’s essential to implement a daily closing stop loss strategy at 20,700 to manage risks effectively. For those considering fresh short positions, it is prudent to do so only if the NIFTY index closes below the 20,700 level.

Nifty Type Levels
Nifty Support 20600-20700
Nifty Resistance 20700-20800
Nifty Range 20130-21376
Bias Sideways to Bullish


Bank Nifty Prediction for Tomorrow

Bank Nifty Type Levels
Bank Nifty Support 46500-46600
Bank Nifty Resistance 47200-47500
Bank Nifty Range 46600-47200
Bias Sideways to Bullish


Top Gainers of Today – Top 5 Stocks

Top Stocks LTP Change% Volume
UPL 598.1 2.20 24,84,798
ONGC 200.05 2.09 68,94,310
ULTRACEMCO 9607.55 2.06 4,44,844
ADANIENT 2859.45 1.32 42,01,085
LTIM 5772 1.11 3,11,180


Top Losers of Today – Top 5 Stocks

Top Stocks LTP Change% Volume
DRREDDY 5445.8 -5.52 15,33,130
CIPLA 1198.55 -1.69 9,30,382
BPCL 463 -1.58 1,11,80,274
M&M 1649.4 -1.15 13,65,707
AXISBANK 1119.5 -1.03 42,66,603


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 Forecast for 1 Month  – Market predicted at 1st day of the Month

In 1st week, NIFTY prediction on Friday, November, 3: index value 18899, maximum 19277, minimum 18521. NIFTY forecast on Monday, November, 6: index value 18838, maximum 19215, minimum 18461. Nifty prediction for tomorrow on Tuesday, November, 7: index value 18931, maximum 19310, minimum 18552. NIFTY predictions on Wednesday, November, 8: index value 19122, maximum 19504, minimum 18740.

In 2nd week NIFTY forecast on Thursday, November, 9: index value 18857, maximum 19234, minimum 18480. Nifty 50 prediction on Friday, November, 10: index value 18701, maximum 19075, minimum 18327. Market forecast on Monday, November, 13: index value 18701, maximum 19075, minimum 18327. NIFTY forecast for tomorrow on Tuesday, November, 14: index value 18451, maximum 18820, minimum 18082. NIFTY forecast on Wednesday, November, 15: index value 18374, maximum 18741, minimum 18007.

In 3rd weeks Nifty prediction tomorrow on Thursday, November, 16: index value 18331, maximum 18698, minimum 17964. NIFTY forecast on Friday, November, 17: index value 18201, maximum 18565, minimum 17837. Market prediction on Monday, November, 20: index value 18275, maximum 18641, minimum 17910. NIFTY forecast on Tuesday, November, 21: index value 18257, maximum 18622, minimum 17892. Market prediction on Wednesday, November, 22: index value 18217, maximum 18581, minimum 17853.

In 4th week Nifty prediction for tomorrow on Thursday, November, 23: index value 18201, maximum 18565, minimum 17837. NIFTY 50 predictions on Friday, November, 24: index value 18313, maximum 18679, minimum 17947. Nifty prediction for tomorrow on Monday, November, 27: index value 18480, maximum 18850, minimum 18110. NIFTY predictions on Tuesday, November, 28: index value 18347, maximum 18714, minimum 17980. Tomorrow Market prediction on Wednesday, November, 29: index value 18448, maximum 18817, minimum 18079.

In 5th week NIFTY 50 prediction by expert on Thursday, November, 30: index value 18552, maximum 18923, minimum 18181. NIFTY forecast on Friday, December, 1: index value 18464, maximum 18833, minimum 18095. NIFTY 50 predictions on Monday, December, 4: index value 18361, maximum 18728, minimum 17994.


Nifty Prediction for Next Week

Date Day Minimum Maximum Value
24-11-2023 Friday 19321 20109 19715
27-11-2023 Monday 19416 20208 19812
28-11-2023 Tuesday 19612 20412 20012
29-11-2023 Wednesday 19340 20130 19735
30-11-2023 Thursday 19181 19963 19572
01-12-2023 Friday 19181 19963 19572
04-12-2023 Monday 18925 19697 19311

Important – Apart from this, you can also invest in gold by watching our very close gold rate prediction page.


Nifty 50 Prediction for 1 Year – Monthly Nifty Forecast

Year Month Average Closing Changes%
2023 August 19468 19379 -1.80%
2023 September 19406 19415 -1.61%
2023 October 19790 19966 1.18%
2023 November 20448 20723 5.01%
2023 December 21072 21208 7.47%
2024 January 21749 22070 11.84%
2024 February 21984 21955 11.26%
2024 March 21801 21749 10.21%
2024 April 21350 21162 7.24%
2024 May 20662 20366 3.20%
2024 June 20846 21115 7.00%
2024 July 21876 22413 13.58%
2024 August 22017 21840 10.67%
2024 September 22031 22095 11.97%
2024 October 23330 24322 23.25%
2024 November 23639 23188 17.51%
2024 December 22683 22402 13.52%

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.

Disclaimer – This information is just for education and research purpose. This is not a research advisory.

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