Stock Market Prediction for 22nd September: The Indian stock market is expected to stir on Monday. Actually, another new decree of US President Donald Trump has come. Under this, it has been said to increase the fee charged on the H1B visa annually to $ 100,000. Its effect can be seen in the week starting from 22 September. Earlier on Friday, September 19, the stock market closed down. This decline was recorded due to profit booking in HDFC and ICICI Bank shares. Due to this, the Nifty fell 96.55 points or 0.38 percent to 25,327.05. During this period, around 1992 shares saw a rise and 1961 shares declined. However, there was no change in 163 shares.

The market closed on Friday

Talking about the sectoral index, the Nifty Bank Index fell at 55,458.85 with a decline of 268.60 or 0.48 %. However, the Nifty PSU Bank rose by 1.28 percent. Nifty IT, Nifty FMCG and Nifty Auto all recorded a decline of up to 0.50 percent. BSE Nifty Midcap 100 and Nifty Smallcap 100 flat closed.

According to exchange data, foreign institutional investors (FIIs) on Friday bought shares worth Rs 390.70 crore, while domestic institutional investors (DIIs) bought shares worth Rs 2,105.22 crore. Looking at the weekly basis, the Nifty gained a gain of 257.85 points or 1.02 percent. Similarly, the BSE Sensex climbed 867.49 points or 1.06 percent.

GST improvement will increase purchases in these sectors

According to the ET report, Vinod Nair, the research head of Geojit Investments, said that the Indian stock market saw profit -booking on Friday after a steady in the last several sessions. However, investors will continue to get support from the talks on the trade deal between the US-India. The changes made under the GST reforms next week are also going to be implemented, due to which the attention of the investors will go towards the sector with conspiracy. The interest of shopping in the auto and real estate sector will increase.

At the same time, Ajit Mishra, Senior Vice President (Research) of Railways Broking, said that the performance of bank shares, especially private bank shares in the Nifty, will be monitored. Banks will play an important role in taking the Nifty above 25,500. He said, “The shares like Reliance Industries, TCS, Infosys and other companies will help maintain a positive attitude amidst the strong Nifty.

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Share Market: The increasing tension between India and Pakistan is that the Indian stock market has recorded a huge decline on Friday. On May 9, both benchmark index-concents and Nifty have closed down by more than 50 1 percent. At the end of the trading, the BSE Sensex broke down 880.34 points or 1.10 percent to close at 79,454.47. While the Nifty also fell 265.80 points to 24,008.

The Nifty Bank index declined by 770.40 points or 1.42 percent and closing at 53,595.25. Market experts told the growing tension between Indo-Pak after Operation Sindoor, the reason behind this selling, which was a retaliation on the terrorist attack in Pahalgam, Jammu and Kashmir last April 22. 26 people were killed in this deadly attack, most of whom were tourists. Now the increasing conflict between the two countries has shocked investors. However, experts have also estimated a break on the war soon as India and Pakistan are not competing anywhere on the strategic and economic front.

According to a report by News18, Vinod Nair, research head of Geojit Financial Services, has said, “The market sentiment has not had much impact after the unexpected warnings between the two countries.” Most people hope that the situation will soon become normal due to India’s strong geopolitical situation.

“From the technical point of view, the Nifty is still hovering around the major moving average at different times, which reflects the possibility of further further decline,” says Ajit Mishra, Senior Vice President (Research), Railorkear Broking Limited, says, which reflects the possibility of further further decline. It is kept in the support zone of 23,800, the decline can increase by 23,200 if it breaks further from this level. On the other hand, in the position of rebound, strong resistance may be faced in the 24,400-24,600 range. “He further said,” The growing geopolitical stresses have increased the market volatility to a great extent, as it is evident from India Vicks 2.95 percent on Friday. ”

Nagraj Shetty, Senior Technical Research Analyst of HDFC Securities, said, “Resistance is seen on 24,200 in the index. There is a possibility of bounce from under it to top. Resistance is at zone of 24,150–24,340, while 23,850 can serve as immediate support.

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