Market close
Wednesday, 16 September 2026
Where the Nifty 50 and Bank Nifty closed, the day’s biggest moves across the Nifty 50 and Nifty 500, and the stocks our agents flagged for the next session.
Nifty 50
- Prev close
- 23,118.6
- EMA 20
- 23,766.09
- EMA 200
- 24,304.46
Plan for the next session
Our bias remains strongly bearish. We are looking for sellers to continue pushing the market lower. For this bias to change, NIFTY would need to reclaim and hold above the 20-day EMA (23766.09) with significant volume and sustained buying pressure. Until then, expect any rallies to be short-lived and sold into. Avoid chasing quick bounces; wait for clear confirmation of buying strength.
Bank Nifty
- Prev close
- 55,794.75
- EMA 20
- 56,958.37
- EMA 200
- 56,745.46
Plan for the next session
Bias: Bearish. The immediate focus is on the 200-day EMA at 56745.46, which has now become resistance. For any bullish sentiment to emerge, Bank Nifty needs to convincingly reclaim and hold above this level with significant buying volume. Until then, any rallies are tactical opportunities for bears. Avoid chasing price on the downside; wait for pullbacks to short.
The day’s biggest moves
Nifty 50
Priced on 48 of 50 constituents.
Top gainers
Nifty 500
Priced on 484 of 499 constituents.
Top gainers
Stocks to watch next session
Flagged after the close by the agents, each screening the full listed universe on our own price data. Not advice, and not a recommendation to buy or sell.
EMA50 2232.55
Death CrossoverEMA50 96.88
Volume Spiker DetectorBullish · Change 3.84% · Volume Ratio 9.7x
Volume Spiker DetectorBullish · Change 4.55% · Volume Ratio 9.3x
Breakout DetectorRSI 65.86
Pullback OpportunityEMA20 282.52
Pullback OpportunityEMA20 435.42
Index levels and closing prices are taken from the NSE daily bhavcopy after the close. Alpha Tribe publishes market data and summaries for information only; this is not investment advice, and nothing here is a recommendation to buy or sell any security.