Stock Market Prediction for Monday: IT Corrects Sharply But Nifty Holds 24,000, Outlook for 22 June 2026

The stock market prediction for Monday, 22 June 2026, is cautiously constructive heading into the new week. The Nifty 50 closed at 24,042.70 on Friday, the Sensex at 76,871.95 and the Bank Nifty at 57,714.85. The IT sector delivered the week’s sharpest single-day correction on Friday, with Infosys falling 6.75 percent and TCS 3.55 percent as hawkish Fed ripple effects hit global technology valuations. Despite this, the Nifty held above 24,000 and Bank Nifty futures surged to a +123-point premium, two signals that frame the stock market prediction for Monday.

Ankit Jaiswal, Senior Research Analyst at Univest and Kunal Singla, Associate Director at Univest break down the stock market prediction for Monday with the pivot levels, the F&O signals and the sector rotation that shapes Monday 22 June.

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How Friday Set Up the Stock Market Prediction for Monday

Friday was a split session. IT stocks repriced sharply as the hawkish Fed’s second-order effects (higher global discount rates compressing technology multiples) worked through. Infosys shed 6.75 percent, TCS 3.55 percent and Reliance 1.40 percent. But the rest of the market held its ground: Eternal gained 2.22 percent, Sun Pharma rose 0.74 percent, ICICI Bank and Bajaj Finance held steady. The result is a Nifty that closed the week above 24,000, setting up the stock market prediction for Monday on a mixed but not broken footing.

Monday Share Price Prediction: Key Levels to Watch

The monday share price prediction for each major index is anchored to Friday’s session OHLC.

Index	Friday Close	Pivot (Mon)	Resistance R1 / R2	Support S1 / S2
Nifty 50	24,042.70	23,997	24,093 / 24,143	23,947 / 23,852
Sensex	76,871.95	76,748	77,026 / 77,180	76,594 / 76,316
Bank Nifty	57,714.85	57,661	57,858 / 58,002	57,518 / 57,321
India VIX	12.77	N/A	N/A	N/A

The 24,000 level on the Nifty is the central reference in the monday share price prediction: hold above it on Monday and the week’s positive bias stays intact. A break below 23,947 (S1) would invite a test of 23,852.

F&O Signals in the Stock Market Prediction for Monday

• Bank Nifty futures premium +123 pts: The sharpest positive signal in the stock market prediction for Monday: futures are pricing in buyers for the new week
• Nifty futures premium +34 pts: Positive carry, though modest, confirms the broad market is not positioning for a gap-down
• VIX at 12.77: The week’s lowest reading, suggesting the market is not bracing for a Monday shock even after the IT correction
• IT sector reset: With Infosys and TCS already down 6-7 percent, the options market may find a short-term floor unless US markets extend the selloff

Friday’s Movers That Shape the Stock Market Prediction for Monday

Stock	LTP (Rs)	Friday Change
Eternal	264.30	+2.22%
Sun Pharma	1,838.30	+0.74%
L&T	4,209.40	+0.46%
ICICI Bank	1,346.50	+0.31%
Bajaj Finance	961.80	+0.31%
Axis Bank	1,357.90	-0.16%
SBI	1,035.10	-0.73%
Tata Steel	198.96	-0.78%

The split above is the clearest frame for the stock market prediction for Monday: IT was the problem, not the market. If Infosys and TCS stabilise at current levels, the broader market has enough momentum from banking and consumption names to hold.

What Will Drive the Stock Market Prediction for Monday

• US market close Friday night: Whether global tech stabilises after Friday’s hawkish Fed ripple is the single biggest input to the stock market prediction for Monday
• IT stabilisation: Infosys and TCS have each fallen more than 10 percent in a week; a technical bounce or at least stabilisation matters for the Monday open
• Crude oil direction: The US-Iran deal expected over the weekend keeps the bearish crude bias alive, benefiting OMCs and reducing input costs
• Fresh week dynamic: Monday starts the new settlement week with no major domestic events, so global cues lead the stock market prediction for Monday

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Stock Market Prediction for Monday: Trading Strategy

The stock market prediction for Monday rewards a reactive approach at the open.

• 24,000 is the gate: Nifty holding above 23,947 (S1) on Monday keeps the stock market prediction for Monday constructive
• Watch IT at the open: If Infosys and TCS open flat or higher, the broader market follows. If they gap down further, reduce exposure
• Bank Nifty is the tell: The +123-point futures premium is bullish; if Bank Nifty opens near the pivot at 57,661, the momentum is positive
• Let the open settle: Monday opens can be volatile on weekend news; wait 15 minutes before reading direction

Stock Market Prediction for Monday: Quick Answers

Monday stock market outlook: Cautiously constructive. Nifty pivot 23,997, resistance 24,093, support 23,947. IT stabilisation is the key variable.

Monday share price prediction for Nifty: Bullish above 24,093, cautious below 23,947. The 24,000 level is the dividing line.

The key watchlist: Infosys and TCS for IT direction, Bank Nifty for the positive signal, Reliance for broad market tone.

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Conclusion

The stock market prediction for Monday, 22 June 2026, is shaped by Friday’s split: a sharp IT correction that left the broader market intact. The Nifty held 24,000, Bank Nifty futures surged to a +123-point premium and VIX fell to 12.77, three signals that make the stock market prediction for Monday cautiously positive. The IT sector is the variable: stabilisation opens the path toward 24,093, while further selling tests 23,947. Univest analysts will refresh the stock market prediction for Monday as the overnight cues land. Check back for the next update.

FAQs on the Stock Market Prediction for Monday

What is the stock market prediction for Monday, 22 June 2026?

Ans. The stock market prediction for Monday is cautiously constructive. The Nifty 50 closed at 24,042.70 on Friday, holding above the key 24,000 level despite a sharp IT sector selloff. Bank Nifty futures surged to a +123-point premium and VIX fell to 12.77, both positive signals for the stock market prediction for Monday. The Monday pivot for Nifty sits at 23,997, with resistance at 24,093 and support at 23,947.

What is the Monday share price prediction for Nifty?

Ans. The Monday share price prediction for Nifty puts the pivot at 23,997. Resistance sits at 24,093 and 24,143, while support is at 23,947 and 23,852. The 24,000 level, which the Nifty has held all week, is the critical floor in the Monday share price prediction. A sustained hold above 24,000 on Monday keeps the week’s bullish bias intact.

Why did IT stocks fall sharply on Friday?

Ans. Infosys fell 6.75 percent and TCS fell 3.55 percent on Friday as the hawkish Fed’s second-order effects hit global technology valuations. When the US Fed signals rate hikes, higher discount rates compress growth stock multiples, and IT companies with high global valuations are among the first to reprice. This makes the Monday session key: if US markets stabilise on Friday night, the IT correction may pause.

What are the key levels for the stock market prediction for Monday?

Ans. For Nifty, the Monday pivot is 23,997, resistance at 24,093 and 24,143, and support at 23,947 and 23,852. For Bank Nifty, the pivot is 57,661, resistance at 57,858 and 58,002, and support at 57,518. For Sensex, the pivot is 76,748, resistance at 77,026 and 77,180, and support at 76,594.

What will drive the stock market prediction for Monday?

Ans. Three things drive the stock market prediction for Monday: first, how US markets close on Friday night and whether IT stocks stabilise after Thursday’s hawkish Fed and Friday’s Indian IT selloff; second, crude oil direction, which the approaching US-Iran deal keeps soft; and third, the broader global risk-on or risk-off tone heading into the new week.