Share Market 2026: Will Nifty cross the level of 24,000 in March? Know the opinion of experts

Share Market Forecast March 2026: This month of March 2026 is proving to be no less than a roller-coaster ride full of ups and downs for stock market investors. The turmoil in the global market and the increasing tension in the Middle East have put a lot of pressure on the Indian markets at this time. According to the stock market forecast, investors are now confused whether the market will go up from here or will fall further. Market experts believe that the coming few days are going to prove to be very important and decisive for Nifty.

current status of nifty

In the last trading session i.e. on March 20, Nifty 50 was successful in closing at the level of 23,114.50 with a slight gain. The market tried its best to recover but heavy selling pressure at upper levels was clearly visible during trading. Technical analysts believe that the level of 23,000 remains the most important and fundamental support for Nifty at this time.

growing fear of decline

If for some reason the Indian market slips below this important level of 23,000, then the downward trend may increase further. In such a negative situation, Nifty may go to the level of 22,800 or even below which will be worrying for small investors. The uncertainty currently prevailing in the market has made both large institutional and retail investors very cautious.

In-depth expert opinion

The opinion of market experts is quite divided at this time but most of the experts are still ‘wait and watch’ Are advising to adopt the policy of. Piyush Jhunjhunwala, Founder and CEO of Stockify, believes that the level of 24,000 has now become a huge resistance for the market. Unless Nifty closes strongly above 23,500, the path to reach the heights of 24,000 appears very difficult.

Global Negative Triggers

Due to the ongoing tension between Iran and Israel, there has been a sudden huge jump in the prices of crude oil in the international market. These rising prices of crude oil are proving to be a huge negative trigger for the Indian economy and stock market. Apart from this, foreign institutional investors i.e. FIIs are continuously selling in the Indian market due to which any major rally is not able to last.

Right strategy for investors

At present, the overall trend of the stock market is slightly bearish, hence investors need to take every step very carefully. Experts advise that instead of investing lump sum money at this time, invest gradually in good quality stocks every fall. It would be better if you continue investing through SIP so that you can get the right benefit from these market fluctuations in future.

Selection of safe sectors

Given this ongoing volatility in the market, it may be more beneficial to keep an eye on defensive sectors like IT and Pharma. These safe sectors often support the market in difficult times and help protect investors’ capital from heavy losses. It is always a wise move to discuss with your financial advisor and check the fundamentals of the company before making any new investment.

Also read: Dollar vs Rupee: Rupee burnt in the fire of crude oil! Reached record low level of 93.71 against dollar

Key future prospects

In the coming weeks, global developments and the attitude of foreign investors will decide the real and final direction of the Indian stock market. If geopolitical tension reduces at the international level, then a new spirit and momentum will be expected in the market once again. Till then investors should remain patient and invest money only in those companies which have very strong infrastructure.