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Nifty Financial Services Ex Bank Prediction for Tomorrow, 22 October 2026 (Including F&O)

  • October 21, 2026
  • Posted by: Kunal Singla
  • Category: Uncategorized
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Nifty Financial Services Ex Bank Prediction for Tomorrow, 22 October 2026 (Including F&O)

Bajaj Finance closed at 926.00, down 3.27%. Nifty 50 fell 0.34%. India VIX rose 6.16% to 15.68. Next session is tomorrow, Thursday 22 October.

Quick Answer

The nifty financial services ex bank prediction for tomorrow is cautious for tomorrow, 22 October 2026. Bajaj Finance, the lead stock for the space, fell 3.27 percent to Rs 926.00 on Wednesday, a second straight decline after Monday’s 2.52 percent fall. The stock traded between 918.70 and 968.20.

This nifty financial services ex bank prediction for tomorrow follows a Wednesday, 21 October 2026 session in which Bajaj Finance, the lead stock for the non-bank financial space, fell 3.27 percent to Rs 926.00, a second straight decline.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning ahead of the session tomorrow, which falls on Thursday, 22 October 2026.

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Table of Contents

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  • What Wednesday Told Us
  • Nifty Financial Services Ex Bank Prediction for Tomorrow: Key Levels
  • Key Drivers for Tomorrow
  • Stocks and Triggers to Watch in the Nifty Financial Services Ex Bank Space
  • How Wednesday’s Broader Session Unfolded
  • Analyst View for Tomorrow
  • Why This Is Written for Tomorrow
  • Risks to This Prediction
  • Conclusion
  • Frequently Asked Questions
    • What is the nifty financial services ex bank prediction for tomorrow?
    • Why is this a prediction for tomorrow, 22 October 2026?
    • Why did Bajaj Finance fall on Wednesday?
    • What are the key levels for the non-bank finance space tomorrow?
    • Is this a buy or sell call?

What Wednesday Told Us

  • Bajaj Finance closed at 926.00, down 3.27 percent on 21 October 2026.
  • The broader Nifty 50 fell 0.34 percent.
  • India VIX rose 6.16 percent to 15.68.

Nifty Financial Services Ex Bank Prediction for Tomorrow: Key Levels

Bajaj Finance traded between 918.70 and 968.20 on Wednesday, against a previous close of 957.35, and settled at 926.00. On the downside, 918.70 is the first reference level to watch if the day’s move is tested. On the upside, 957.35 and 968.20 mark the nearest resistance. Univest’s analysts treat these as reference points drawn from Wednesday’s trading range, not as targets.

Trend Support Resistance
Negative 918.70 957.35, 968.20

The sector index level was not available in this data pull, so the table tracks Bajaj Finance as the lead constituent for the Financial Services Ex Bank space.

Key Drivers for Tomorrow

  • Bajaj Finance fell 3.27 percent, with a high of 968.20 and a low of 918.70.
  • The stock has lost about 5.7 percent over two sessions.
  • Credit growth, funding costs and asset-quality updates are the usual triggers.

Ankit Jaiswal and Kunal Singla suggest revisiting this nifty financial services ex bank prediction for tomorrow after the first thirty minutes of Thursday’s trade.

Anyone following this nifty financial services ex bank prediction for tomorrow should keep the next session’s opening range in view before reading too much into early moves.

Stocks and Triggers to Watch in the Nifty Financial Services Ex Bank Space

Bajaj Finance is the largest listed non-bank lender and a useful gauge for the group. Two sharp falls in a row, with a volume of more than 18 million shares on Wednesday, point to heavy selling.

In the F&O segment, Univest’s analysts suggest watching open-interest changes near the support and resistance levels above before drawing conclusions. India VIX rose 6.16 percent to 15.68 on Wednesday, so option swings may stay wider tomorrow.

Univest’s analysts suggest treating this nifty financial services ex bank prediction for tomorrow as a preparation note for Thursday, 22 October 2026, rather than a signal that changes overnight.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Wednesday’s Broader Session Unfolded

The Nifty 50 closed at 22,811.35, down 0.34 percent, with a high of 23,120.90 and a low of 22,649.90. The Sensex closed at 73,709.69, down 0.19 percent, and the Bank Nifty closed at 54,976.90, down 0.92 percent. India VIX, the market’s fear gauge, rose 6.16 percent to 15.68, which points to wider expected swings in the near term. Wednesday was the first session after Tuesday’s Dussehra holiday and followed Monday’s 1.11 percent fall. The Nifty 50 recovered from an intraday low of 22,649.90, with Nifty IT up 2.88 percent offsetting falls of 1.71 percent in Nifty Metal and 1.54 percent in Nifty Auto. The trigger for the broad move was not independently confirmed.

This nifty financial services ex bank prediction for tomorrow will be most useful when read alongside the support and resistance table above.

Analyst View for Tomorrow

Kunal Singla suggests that Bajaj Finance needs to reclaim 957.35, the previous close, before the tone improves, with 918.70 the support to watch.

Ankit Jaiswal flags that funding costs and credit quality matter more here than broad market direction.

A fair reading of this nifty financial services ex bank prediction for tomorrow is that Wednesday’s data sets the context, while Thursday’s first hour decides how much of it carries forward.

Why This Is Written for Tomorrow

This nifty financial services ex bank prediction for tomorrow is written after the close on Wednesday, 21 October 2026, using Wednesday’s closing data, for the next trading session on Thursday, 22 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.

Track the Nifty Financial Services Ex Bank Space on Univest Screeners

Readers comparing views should note that this nifty financial services ex bank prediction for tomorrow draws only on Wednesday’s closing numbers and the factors listed here.

Risks to This Prediction

  • A rise in bond yields could raise funding costs for non-bank lenders.
  • A weakening credit-quality signal could hurt the group quickly.
  • After two sharp falls, a technical rebound toward 957 is possible.

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

The nifty financial services ex bank prediction for tomorrow also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

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Conclusion

The nifty financial services ex bank prediction for tomorrow leans cautious into 22 October 2026, with broader Nifty 50 direction and India VIX as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Thursday’s opening trade confirms direction.

For traders, this nifty financial services ex bank prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.

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.

Frequently Asked Questions

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

Ans. It is cautious for 22 October 2026, after Bajaj Finance, the lead constituent, closed at 926.00 on Wednesday, down 3.27 percent.

Why is this a prediction for tomorrow, 22 October 2026?

Ans. Because it is written after the close on Wednesday, 21 October 2026, for the next regular trading session on Thursday, 22 October 2026.

Why did Bajaj Finance fall on Wednesday?

Ans. Bajaj Finance fell 3.27 percent while the Nifty 50 fell 0.34 percent. The specific trigger was not independently confirmed.

What are the key levels for the non-bank finance space tomorrow?

Ans. Bajaj Finance’s low of 918.70 is the nearest support below the price, while the previous close of 957.35 and Wednesday’s high of 968.20 are the nearest resistance.

Is this a buy or sell call?

Ans. No. This is an educational outlook from Univest’s research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.



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.

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