Nifty Financial Services Ex Bank Prediction for Monday, 5 October 2026 (Including F&O)

October 1, 2026
Posted by: Kunal Singla
Category: Uncategorized

Bajaj Finance closed down 1.16% on Thursday. Nifty 50 fell 0.88%. India VIX spiked 7.64%. Markets shut Friday for Gandhi Jayanti, plus the weekend.

Quick Answer

The nifty financial services ex bank prediction for monday is cautious for 5 October 2026, with Bajaj Finance as the key constituent to track. Since Indian markets are shut Friday for Gandhi Jayanti and through the weekend, Thursday’s close remains the last available data.

The nifty financial services ex bank prediction for monday is in focus after a Thursday session in which the broader Nifty 50 fell 0.88 percent to 22,421.95, as India VIX spiked 7.64 percent to 14.52, its sharpest single-day jump since late September, as broad-based selling hit most sectors, with Nifty Auto and Nifty Metal the worst hit even as Nifty IT bucked the trend entirely and rallied. Bajaj Finance eased today, broadly in line with the market’s risk-off tone

As with any nifty financial services ex bank prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers over the long weekend, alongside the broader Nifty 50 and Sensex direction heading into 5 October 2026.

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This nifty financial services ex bank prediction for monday is built from Thursday’s verified market data, since markets are shut through the long weekend.

Table of Contents

What Thursday Told Us

Bajaj Finance fell 1.16 percent, among the key movers in this space on 1 October 2026.
The broader Nifty 50 fell 0.88 percent, part of a broad-based sell-off that spared only a few sectors.
India VIX spiked 7.64 percent to 14.52, its sharpest single-day jump since late September.

Nifty Financial Services Ex Bank F&O Outlook for Monday

For traders active in F&O, this outlook will hinge on open interest build-up and rollover activity in Nifty Financial Services Ex Bank futures and options contracts into 5 October 2026. Kunal Singla notes that a stable to falling India VIX once trading resumes would support range-bound F&O positioning, while continued volatility could see wider intraday swings.

Nothing in this nifty financial services ex bank prediction for monday should be treated as a guarantee, only a working framework for Monday’s session.

Key Drivers for Monday

Bajaj Finance eased today, broadly in line with the market’s risk-off tone
Crude oil jumped 2.11 percent on MCX, its sharpest single-day rise in over a week, even as broader Indian equities sold off, a theme relevant across the broader market.
India VIX spiked 7.64 percent to 14.52, its sharpest single-day jump since late September, as broad-based selling hit most sectors, with Nifty Auto and Nifty Metal the worst hit even as Nifty IT bucked the trend entirely and rallied.

Stocks to Watch for Monday

Stock	CMP	Relevance
Bajaj Finance	See Univest Screener	Key Nifty Financial Services Ex Bank constituent
ICICI Bank	See Univest Screener	Additional Nifty Financial Services Ex Bank name to track

This nifty financial services ex bank prediction for monday should be read alongside the support and resistance levels detailed above.

Why This Is Written for Monday

Indian markets are closed Friday, 2 October 2026, for Gandhi Jayanti, as well as Saturday and Sunday, so Thursday’s closing prices remain the last available data until trading resumes on Monday, 5 October 2026. Treat this nifty financial services ex bank prediction for monday as a briefing to prepare for that session, not a live call that updates over the long weekend.

Explore Nifty Financial Services Ex Bank Stocks on Univest Screeners

Univest’s desk will revisit this nifty financial services ex bank prediction for monday once Monday’s opening trade confirms direction.

Risks to This Prediction

A sharper than expected move in crude oil prices over the long weekend could shift sentiment across all sectors, including Nifty Financial Services Ex Bank.
Stock-specific news flow in Bajaj Finance or other constituents could override the broader sector trend.
A reversal in India VIX could widen intraday ranges beyond the levels discussed here.

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Traders relying on this nifty financial services ex bank prediction for monday should still size positions to their own risk appetite.

Conclusion

The nifty financial services ex bank prediction for monday leans cautious into 5 October 2026, with Bajaj Finance and broader Nifty 50 direction as the key variables. Ankit Jaiswal and Kunal Singla will revisit this view once Monday’s opening trade confirms direction.

Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.

As with any nifty financial services ex bank prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.

Frequently Asked Questions

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

Ans. It is cautious, based on Bajaj Finance’s fall of 1.16 percent on 1 October 2026 and the broader Nifty 50 trend.

Why is this a prediction for Monday instead of tomorrow?

Ans. Because Indian markets are closed Friday, 2 October 2026, for Gandhi Jayanti, as well as Saturday and Sunday, so the next trading session is Monday, 5 October 2026.

This nifty financial services ex bank prediction for monday is built from Thursday’s verified market data, since markets are shut through the long weekend.

Did Bajaj Finance hold up today?

Ans. Bajaj Finance eased 1.16 percent today, broadly in line with the market’s cautious tone.

Should traders take F&O positions based on this outlook?

Ans. Any F&O position based on this outlook should factor in position sizing and stop-loss discipline, given how sharply India VIX has moved.

nifty financial services ex bank

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.