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Nifty Financial Services Ex Bank Prediction for Tomorrow: F&O Levels and Outlook for 23 June 2026

  • June 22, 2026
  • Posted by: Kunal Singla
  • Category: News
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Nifty Financial Services Ex Bank Prediction for Tomorrow

Nifty Financial Services Ex Bank closed 31,925.05 on 22 June 2026, +0.55%. Prev close 31,750. Nifty 50 24,102.90. VIX 27.32. Futures 31,960.

The nifty financial services ex bank prediction for tomorrow for 23 June 2026 is shaped by today’s close at 31,925.05 (+175.05, +0.55% from 31,750), a +positive session driven by NBFC growth momentum and insurance sector premium expansion driving the ex-bank financial services index. The broader Nifty 50 closed at 24,102.90 (+0.37%) while India VIX rose to 27.32, reflecting elevated near-term uncertainty ahead of the Nifty 50 weekly expiry on 23 June 2026.

Ankit Jaiswal, Senior Research Analyst at Univest, and Associate Director Kunal Singla have analysed today’s Nifty Financial Services Ex Bank price action, F&O data, and sector-specific triggers to present the nifty financial services ex bank prediction for tomorrow. Their analysis covers key support and resistance levels, futures positioning, and the broader market backdrop for Tuesday’s session.

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Table of Contents

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  • Nifty Financial Services Ex Bank Prediction for Tomorrow: Today’s Close Summary
  • Nifty Financial Services Ex Bank Prediction for Tomorrow: Technical Analysis
  • Nifty Financial Services Ex Bank F&O Analysis for 23 June 2026
  • Global and Macro Cues for Nifty Financial Services Ex Bank Prediction for Tomorrow
  • Trading Strategy Based on Nifty Financial Services Ex Bank Prediction for Tomorrow
  • What OI and Flow Data Indicate for the nifty financial services ex bank prediction for tomorrow
  • Risks to the nifty financial services ex bank prediction for tomorrow
  • Conclusion
  • FAQs
    • What is the nifty financial services ex bank prediction for tomorrow?
    • What is the Nifty Financial Services Ex Bank support and resistance for 23 June 2026?
    • How does Nifty 50 expiry affect the nifty financial services ex bank prediction for tomorrow?
    • What global cues affect the nifty financial services ex bank prediction for tomorrow?
    • What is the F&O strategy from the nifty financial services ex bank prediction for tomorrow?

Nifty Financial Services Ex Bank Prediction for Tomorrow: Today’s Close Summary

  • Close and Change: Nifty Financial Services Ex Bank settled at 31,925.05 on 22 June 2026, moving +175.05 (+0.55%) from the previous close of 31,750. Nifty Financial Services Ex Bank rose on NBFC, insurance, and housing finance strength, outperforming the banking sub-index today.
  • F&O Snapshot: Nifty Financial Services Ex Bank futures closed at 31,960 with a ~35 pts premium premium over spot. No direct F&O expiry for Nifty Financial Services Ex Bank on Tuesday. Intraday high was 32,200 and low was 31,500.
  • Broader Market: Nifty 50 (+0.37%), Bank Nifty (+0.43%), and most sector indices ended positive on 22 June 2026, supported by Iran-US peace talk optimism and recovering IT sector (+0.74%).

Nifty Financial Services Ex Bank Prediction for Tomorrow: Technical Analysis

Trend: Cautiously Bullish | Key Range: 31,700 to 32,200

Level Nifty Financial Services Ex Bank
Support 1 31,700
Support 2 31,500
Resistance 1 32,200
Resistance 2 32,450

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The nifty financial services ex bank prediction for tomorrow from Ankit Jaiswal places 31,700 as the immediate support for Tuesday. A hold above this level keeps the near-term bias constructive and targets 32,200 as the first upside objective. A decisive break above 32,200 with volume would open the path toward 32,450. On the downside, a breach of 31,700 would expose 31,500 as the next support. Jaiswal notes this index filters out banking stocks, so it focuses on NBFCs and insurance names. The nifty financial services ex bank prediction for tomorrow is positive as these non-bank financials benefited from RBI’s stable rate stance.

Nifty Financial Services Ex Bank F&O Analysis for 23 June 2026

  • Futures Close: Nifty Financial Services Ex Bank futures closed at 31,960 on 22 June 2026, maintaining a ~35 pts premium premium. The nifty financial services ex bank prediction for tomorrow is underpinned by this positive carry signal.
  • Nifty 50 Expiry Context: Tuesday 23 June 2026 is the Nifty 50 weekly expiry (moved to Tuesdays since September 2025). Broad market volatility from expiry will affect the nifty financial services ex bank prediction for tomorrow in the first and final trading hours.
  • VIX Impact: India VIX at 27.32 signals elevated near-term volatility. Sector indices including Nifty Financial Services Ex Bank tend to exhibit wider intraday ranges when VIX is elevated on an expiry day.

Global and Macro Cues for Nifty Financial Services Ex Bank Prediction for Tomorrow

  • Iran-US Talks: Day 2 of negotiations in Switzerland is the key macro event. A breakthrough would broadly lift Indian equities and specifically benefit Nifty Financial Services Ex Bank via improved investor sentiment and potential FII reversal.
  • US Markets: S&P 500 (+1.09%), Nasdaq (+1.91%) provided a positive overnight base. GIFT Nifty at ~24,120 signals a positive pre-open for Tuesday that should support Nifty Financial Services Ex Bank.
  • DII Support: DIIs net bought Rs 3,516 crore on 18 June, providing structural support that prevents panic selling even on FII pressure days. This backstop is positive for the nifty financial services ex bank prediction for tomorrow.

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Trading Strategy Based on Nifty Financial Services Ex Bank Prediction for Tomorrow

  1. Long Setup: The nifty financial services ex bank prediction for tomorrow suggests buying on dips to 31,700 with stop at 31,500 and initial target at 32,200. Use the broader Nifty 50 expiry session confirmation before entering.
  2. Breakout Play: A sustained move above 32,200 with volume confirms the nifty financial services ex bank prediction for tomorrow bullish case. Target 32,450 with stop at 31,700.
  3. Expiry Caution: Nifty 50 expiry volatility on Tuesday can drag sector indices. The nifty financial services ex bank prediction for tomorrow advises waiting for 10:00 AM before committing to directional positions.
  4. Position Sizing: VIX at 27.32 warrants reduced leverage. The nifty financial services ex bank prediction for tomorrow recommends half-normal position sizes for the expiry session.

What OI and Flow Data Indicate for the nifty financial services ex bank prediction for tomorrow

FII net selling of Rs 47,903 crore MTD in June has been fully absorbed by DII buying of Rs 66,215 crore MTD. This net flow dynamic is positive for the nifty financial services ex bank prediction for tomorrow and suggests institutional demand is keeping the index supported even on days of foreign selling pressure.

Kunal Singla notes that Nifty Financial Services Ex Bank futures premium of ~35 pts premium reflects positive carry positioning for Tuesday. A compression of this premium intraday on Tuesday would signal that sellers are becoming active at current levels and would be an early warning for the nifty financial services ex bank prediction for tomorrow outlook.

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Risks to the nifty financial services ex bank prediction for tomorrow

  • Iran Talks Collapse: An overnight breakdown in Switzerland would trigger broad risk-off, dragging the nifty financial services ex bank prediction for tomorrow below 31,700 on a gap-down open for Tuesday.
  • Nifty Expiry Shock: An unexpected Nifty 50 expiry outcome could create cross-sector volatility that temporarily breaks the nifty financial services ex bank prediction for tomorrow’s support levels.
  • NBFC Asset Quality: Any negative news on NBFC NPAs or regulatory action would sharply impact the nifty financial services ex bank prediction for tomorrow below 31,700 support.
  • FII Selling: If Monday provisional FII data shows outflows above Rs 2,000 crore, it dampens the opening tone for the nifty financial services ex bank prediction for tomorrow despite positive global cues.

Conclusion

In summary, the nifty financial services ex bank prediction for tomorrow on 23 June 2026 is cautiously positive with 31,700 as the critical support and 32,200 as the key resistance. Ankit Jaiswal notes that a hold above 31,700 with positive global cues from Iran-US talks would keep the nifty financial services ex bank prediction for tomorrow constructively bullish. The nifty financial services ex bank prediction for tomorrow turns decisively positive only on a sustained break above 32,200.

This nifty financial services ex bank prediction for tomorrow is based on market data as of close of trade on 22 June 2026. Track GIFT Nifty before 9:15 AM and monitor the Nifty 50 expiry volatility for real-time confirmation of the nifty financial services ex bank prediction for tomorrow direction on 23 June 2026.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the nifty financial services ex bank prediction for tomorrow?

Ans. The nifty financial services ex bank prediction for tomorrow on 23 June 2026 is cautiously bullish with support at 31,700 and resistance at 32,200. Nifty Financial Services Ex Bank closed at 31,925.05 on 22 June 2026, +175.05 (+0.55%). Watch GIFT Nifty and Iran-US talks outcome before the 9:15 AM open.

What is the Nifty Financial Services Ex Bank support and resistance for 23 June 2026?

Ans. Ankit Jaiswal places Nifty Financial Services Ex Bank support at 31,700 and 31,500 for 23 June 2026. Resistance levels are 32,200 and 32,450. A sustained break above 32,200 with volume would confirm the nifty financial services ex bank prediction for tomorrow bullish outlook for Tuesday.

How does Nifty 50 expiry affect the nifty financial services ex bank prediction for tomorrow?

Ans. The Nifty 50 weekly expiry on 23 June 2026 adds cross-index volatility to the nifty financial services ex bank prediction for tomorrow. Broad selling on expiry day could drag Nifty Financial Services Ex Bank below 31,700. A smooth expiry supports the nifty financial services ex bank prediction for tomorrow positive bias and allows for cleaner sector-level directional trades.

What global cues affect the nifty financial services ex bank prediction for tomorrow?

Ans. GIFT Nifty at 24,120, Iran-US talks in Switzerland, and S&P 500 (+1.09%) are the key global inputs for the nifty financial services ex bank prediction for tomorrow. A positive Iran-US outcome overnight would boost the nifty financial services ex bank prediction for tomorrow via improved FII flow and risk-on sentiment for Tuesday.

What is the F&O strategy from the nifty financial services ex bank prediction for tomorrow?

Ans. The nifty financial services ex bank prediction for tomorrow suggests buying dips to 31,700 with stop at 31,500 and target at 32,200. For a breakout above 32,200, the nifty financial services ex bank prediction for tomorrow targets 32,450. Reduce position size given VIX at 27.32 and Nifty 50 expiry volatility on 23 June 2026.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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