Nifty Auto Prediction for Tomorrow, Wednesday 5 August 2026: Index at 24,218 Falls on Crude Recovery as RBI Decision Shapes Auto Sector Wednesday
- August 4, 2026
- Posted by: Kunal Singla
- Category: News
Nifty Auto Tue: 24,218 (-1.2%). Day range: 24,050-24,480. Support 24,050-24,100. Resistance 24,450-24,500. RBI 5 Aug 10 AM IST.
The Nifty Auto prediction for tomorrow for Wednesday 5 August 2026 comes after Tuesday’s cautious session where the Nifty 50 fell 159 points or 0.64 percent to 24,614.90 as Tehran denied US-Iran peace talks, sending Brent crude recovering from 82 US dollars to approximately 84 US dollars. Bank Nifty fell approximately 1.3 percent as banks led the decline with HDFC Bank and Axis Bank among top losers. India VIX rose to approximately 13.15, reflecting pre-RBI anxiety. The dominant event for the Nifty Auto prediction for tomorrow is the Reserve Bank of India Monetary Policy Committee rate decision at 10 AM IST Wednesday, with a unanimous hold at 5.25 percent widely expected. Nifty Auto fell 1.2 percent Tuesday as Tehran’s denial of Iran talks reversed crude oil’s Monday crash, pushing Brent back from 82 to approximately 84 US dollars per barrel. Higher crude revives fuel cost concerns for auto buyers and increases raw material costs for tyre and components manufacturers, directly pressuring the Nifty Auto prediction for tomorrow. The RBI rate hold expected Wednesday at 10 AM would maintain stable auto loan EMIs, providing a partial offset to the crude-recovery headwind. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete Nifty Auto prediction for tomorrow outlook covering technical levels, global cues and three stocks to watch.
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Tuesday’s Session Data
| Indicator | Tuesday 4 Aug Close | Change |
|---|---|---|
| Nifty Auto | 24,218 | -1.2% |
| Day Range | 24,050-24,480 | Session high/low |
| Nifty 50 | 24,614.90 | -159 pts (-0.64%) |
| Bank Nifty | ~57,485 | ~-762 pts (-1.3%) |
| India VIX | ~13.15 | +10.4% (pre-RBI anxiety) |
| Brent Crude | ~$84/bbl | +$2 (Tehran denied Iran talks) |
| Bharti Airtel Q1 FY27 | ARPU Rs 261 (+2%) | After-hours positive |
Ankit Jaiswal notes that the Nifty Auto prediction for tomorrow is informed by Tuesday’s macro reversal: Tehran’s denial of US-Iran peace talks partially unwound Monday’s sharp crude oil crash, with Brent recovering from 82 US dollars to approximately 84 US dollars. The Nifty Auto is the sectoral benchmark tracked for the Nifty Auto prediction for tomorrow. Oil-linked stocks gained while FMCG and auto stocks gave back some of Monday’s crude-driven gains, setting the base for the Nifty Auto prediction for tomorrow.
Technical Levels for the Nifty Auto prediction for tomorrow
| Level Type | Zone |
|---|---|
| Immediate Support | 24,050-24,100 |
| Support 2 | 23,800-23,850 |
| Strong Support | 23,550-23,600 (50 DMA) |
| Immediate Resistance | 24,450-24,500 |
| Key Resistance | 24,700-24,800 |
Kunal Singla notes that the Nifty Auto prediction for tomorrow rests on immediate support 24,050-24,100 holding through Wednesday’s pre-RBI window from 9:15 AM to 10:00 AM IST. On RBI decision days, markets range-trade for the first 45 minutes before the announcement triggers a directional move of 1 to 2 percent. Ankit Jaiswal places 24,450-24,500 as the key resistance for the Nifty Auto prediction for tomorrow that must be cleared post-10 AM for the bullish case to be confirmed. Bharti Airtel’s strong Q1 FY27 results with ARPU Rs 261 and PAT growth of approximately 35 percent provide a positive pre-market bias for the Nifty Auto prediction for tomorrow.
RBI MPC Impact on the Nifty Auto prediction for tomorrow
The RBI Monetary Policy Committee announces its rate decision at 10 AM IST on Wednesday 5 August. All six MPC members are expected to vote for a hold at 5.25 percent. The Nifty Auto prediction for tomorrow is binary: a hold with neutral guidance would produce a relief bounce; a dovish signal would be a strongly positive catalyst for the Nifty Auto prediction for tomorrow; a hawkish surprise would revise the outlook bearishly within minutes. Ankit Jaiswal recommends treating the 10 AM announcement as the reset point for all intraday positions in the Nifty Auto prediction for tomorrow.
Key Factors Shaping the Nifty Auto prediction for tomorrow
- Tehran’s denial of Iran talks reversed Monday’s crude crash from 82 to approximately 84 US dollars on Tuesday. Every one-dollar crude increase raises fuel costs for auto buyers and input costs for tyre manufacturers, which is the primary headwind in the Nifty Auto prediction for tomorrow.
- RBI holding rates at 5.25 percent Wednesday keeps auto loan EMIs stable and maintains the vehicle affordability that has driven passenger vehicle demand above 400,000 units per month in 2026. Stable rates are a structural positive for the Nifty Auto prediction for tomorrow.
- India’s passenger vehicle sales maintained double-digit year-on-year growth through July 2026. Strong underlying demand provides a fundamental floor for the Nifty Auto prediction for tomorrow below which institutional buyers historically step in.
Stocks to Watch Wednesday
Univest analysts flag these three stocks for educational observation in the Nifty Auto prediction for tomorrow. These are not buy recommendations.
Maruti Suzuki: CMP Rs 12,058. Ankit Jaiswal flags entry Rs 11,950-12,040, target Rs 12,350, SL Rs 11,820. Maruti leads the Nifty Auto prediction for tomorrow as India’s largest PV manufacturer with the highest sensitivity to stable fuel costs and EMI rates.
Tata Motors: CMP Rs 770. Kunal Singla flags entry Rs 760-768, target Rs 798, SL Rs 748. Tata Motors’ EV mix reduces fuel cost sensitivity in the Nifty Auto prediction for tomorrow and its JLR segment provides global diversification.
Hindalco: CMP Rs 750. Ankit Jaiswal flags entry Rs 741-748, target Rs 775, SL Rs 728. Hindalco supplies aluminium to auto manufacturers. A recovery in the Nifty Auto prediction for tomorrow would lift aluminium demand alongside the sector.
Use the Univest Screener to Find Opportunities Aligned With the Nifty Auto prediction for tomorrow
Strategy for the Nifty Auto prediction for tomorrow
- 24,050-24,100 is the primary support for the Nifty Auto prediction for tomorrow. Ankit Jaiswal recommends buy-on-dip positions above 24,100 within the Nifty Auto prediction for tomorrow.
- 24,450-24,500 is the first resistance for the Nifty Auto prediction for tomorrow. Kunal Singla advises booking 50 percent at this level.
- Monitor crude oil overnight. Brent above 87 US dollars would add further pressure on the Nifty Auto prediction for tomorrow; Brent retreating below 82 US dollars would be strongly bullish for the Nifty Auto prediction for tomorrow.
- Check Maruti Suzuki and Tata Motors open prices Tuesday for the first intraday signal on the Nifty Auto prediction for tomorrow.
Risks to Monitor
- Crude spike above 87 US dollars further pressuring auto margins and revising the Nifty Auto prediction for tomorrow lower.
- RBI hawkish surprise increasing auto loan rates and reducing buyer affordability in the Nifty Auto prediction for tomorrow.
- Pre-festive season inventory buildup creating pricing pressure and weighing on the Nifty Auto prediction for tomorrow.
Conclusion
The Nifty Auto prediction for tomorrow for Wednesday 5 August 2026 reflects -1.2% to 24,218 on Tuesday, as Tehran denied Iran peace talks and crude recovered to approximately 84 US dollars, raising pre-RBI caution. Ankit Jaiswal of Univest places support for the Nifty Auto prediction for tomorrow at 24,050-24,100 and resistance at 24,450-24,500. The RBI MPC decision at 10 AM IST Wednesday is the single most important catalyst for the Nifty Auto prediction for tomorrow. Check GIFT Nifty and Airtel pre-market at 9 AM to set the opening scenario.
Kunal Singla of Univest notes that with India VIX at approximately 13.15, the Nifty Auto prediction for tomorrow carries wider intraday volatility than a typical session. A neutral RBI hold would produce a contained 150-200 point Nifty swing consistent with the Nifty Auto prediction for tomorrow base case. Traders should honour stop losses and avoid large positions before 10 AM RBI clarity in the Nifty Auto prediction for tomorrow.
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), BSE (bseindia.com) and MCX (mcxindia.com) websites before making any investment decision. Investments in securities and commodities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
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FAQs on this prediction
What is the this prediction, Wednesday 5 August 2026?
Ans. The this prediction is cautiously neutral. Nifty Auto closed Tuesday at 24,218, down 1.2 percent, as Tehran’s Iran denial reversed Monday’s crude crash to 82, pushing Brent back to approximately 84 US dollars and reviving fuel cost concerns. The this prediction places support at 24,050-24,100 and resistance at 24,450-24,500, with the RBI rate hold at 5.25 percent expected Wednesday providing partial EMI-stability offset.
Which analysts prepared the this prediction?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the this prediction covering crude oil impact, RBI rate effect on auto loans and constituent technical levels.
How does crude oil affect the this prediction?
Ans. Each 5 US dollar crude increase raises tyre and plastic input costs for auto manufacturers and increases fuel prices for buyers, both negative for the this prediction. Tuesday’s crude recovery from 82 to 84 US dollars partially reversed Monday’s margin-improvement narrative in the this prediction.
What is Nifty Auto support and resistance for the prediction for tomorrow?
Ans. Support is 24,050-24,100 and 23,800-23,850. The 50 DMA at 23,550-23,600 is the medium-term floor. Resistance is 24,450-24,500 and 24,700-24,800 in the this prediction.
What stocks are watched in the this prediction?
Ans. Maruti Suzuki (largest PV manufacturer), Tata Motors (EV mix reduces fuel sensitivity) and Hindalco (aluminium supplier) are the three stocks in the this prediction.
