{"id":215942,"date":"2026-08-21T15:52:34","date_gmt":"2026-08-21T10:22:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=215942"},"modified":"2026-08-21T15:52:35","modified_gmt":"2026-08-21T10:22:35","slug":"bank-nifty-prediction-for-monday-24-august-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bank-nifty-prediction-for-monday-24-august-2026\/","title":{"rendered":"Bank Nifty Prediction for Monday: Private Banking Surge Targets 57,800 for 24 August 2026"},"content":{"rendered":"
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Bank Nifty at 57,761.95 (+0.46%) on 21 Aug 2026. Five-day high. High: 57,772.45. Low: 57,481.55. Kotak Bank +1.37% (3rd consecutive gain). VIX: 11.20. Support: 57,480. Resistance: 57,772 to 57,800.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Bank Nifty prediction for Monday, 24 August 2026, is sideways to bullish \u2014 the most constructive major index setup heading into next week. Bank Nifty closed at 57,761.95 on Friday 21 August, up +266.05 points (+0.46%), establishing a new five-day high and outperforming both Nifty 50 (+0.08%) and Sensex (0.00%). Ankit Jaiswal notes that Kotak Mahindra Bank’s 1.37% Friday gain \u2014 its third consecutive positive session with combined gains of over 3.2% in two days \u2014 is exceptional institutional-quality leadership. Kunal Singla adds that the Bank Nifty prediction for Monday places support at 57,480 and first resistance at 57,772 to 57,800, with a break above 57,800 opening the path to 58,000.<\/p>\n<\/div>\n

The Bank Nifty prediction for Monday follows the most impressive sector-level performance of the week. While Nifty 50 and Sensex saw flat closes on Friday, Bank Nifty surged +266.05 points, driven by Kotak Mahindra Bank (+1.37%), ICICI Bank (+0.57%), and HDFC Bank (+0.26%). The Private Bank index closed at a five-day high of 27,590, confirming that institutional money is actively accumulating private banking stocks. Ankit Jaiswal, Research Analyst at Univest, notes that this pattern of banking stocks outperforming on flat-to-positive broader market days is the classic sign of sector-level institutional buying that typically extends for multiple sessions in the Bank Nifty prediction for Monday.<\/p>\n

Kunal Singla, Research Analyst at Univest, observes that Bank Nifty’s weekly recovery is the most complete of all major indices. From the Tuesday intraday low of 57,001 to Friday’s close of 57,761.95, Bank Nifty recovered 760 points \u2014 significantly more than Nifty 50’s 227-point recovery over the same period. This sector-specific strength makes the Bank Nifty prediction for Monday the highest-conviction positive outlook among the four major index predictions for 24 August 2026.<\/p>\n

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