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Nifty Financial Services Prediction for Monday, 2 November 2026 (Including F&O)

  • October 30, 2026
  • Posted by: Ankit Jaiswal
  • Category: Uncategorized
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Nifty Financial Services Prediction for Monday, 2 November 2026 (Including F&O)

Nifty Financial Services closed at 24,712.20, up 0.03%. Nifty 50 rose 0.51%. India VIX rose 1.19% to 15.30. Next session is Monday, 2 November.

Quick Answer

The nifty financial services prediction for monday is steady for Monday, 2 November 2026. Nifty Financial Services was little changed at 24,712.20 on Friday, up 0.03 percent, even though HDFC Bank rose 1.39 percent and ICICI Bank rose 0.82 percent. The index gave back about 129 points from its high of 24,840.90.

This nifty financial services prediction for monday follows a Friday, 30 October 2026 session in which the Nifty Financial Services index was little changed at 24,712.20, up 0.03 percent, as HDFC Bank rose 1.39 percent and ICICI Bank rose 0.82 percent, while Bajaj Finance was flat.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning through the weekend, with the next trading session on Monday, 2 November 2026.

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Table of Contents

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  • What Friday Told Us
  • Nifty Financial Services Prediction for Monday: Key Levels
  • Key Drivers for Monday
  • Stocks and Triggers to Watch in the Nifty Financial Services Space
  • How Friday’s Broader Session Unfolded
  • Analyst View for Monday
  • Why This Is Written for Monday
  • Risks to This Prediction
  • Conclusion
  • Frequently Asked Questions
    • What is the nifty financial services prediction for monday?
    • Why is this a prediction for Monday, 2 November 2026?
    • Why was Nifty Financial Services flat on Friday?
    • What are the key Nifty Financial Services levels for Monday?
    • Is this a buy or sell call?

What Friday Told Us

  • Nifty Financial Services closed at 24,712.20, up 0.03 percent on 30 October 2026.
  • The broader Nifty 50 rose 0.51 percent.
  • India VIX rose 1.19 percent to 15.30.

Nifty Financial Services Prediction for Monday: Key Levels

Nifty Financial Services traded between 24,606.40 and 24,840.90 on Friday, against a previous close of 24,704.55, and settled at 24,712.20. On the downside, 24,704.55 and 24,606.40 are the first reference levels to watch if the day’s move is tested. On the upside, 24,840.90 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.

Trend Support Resistance
Neutral 24,704.55, 24,606.40 24,840.90

The table uses Friday’s high, low and previous close for Nifty Financial Services.

Key Drivers for Monday

  • Nifty Financial Services closed at 24,712.20, up 0.03 percent, with a high of 24,840.90 and a low of 24,606.40.
  • HDFC Bank rose 1.39 percent and ICICI Bank rose 0.82 percent, but the index still ended flat.
  • The Bank Nifty fell 0.41 percent, so lenders broadly did not follow the two heavyweights.

Ankit Jaiswal and Kunal Singla suggest revisiting this nifty financial services prediction for monday after the first thirty minutes of Monday’s trade.

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

Nothing in this nifty financial services prediction for monday is a promise of returns, and every level quoted can fail.

Stocks and Triggers to Watch in the Nifty Financial Services Space

The Nifty Financial Services index faded from its high and ended almost unchanged, so gains in the two largest private banks were offset elsewhere in the index. The specific names were not independently identified.

In the F&O segment, the nearest Nifty options expiry is 3 November 2026, the day after Monday. Among the strikes Univest checked, call open interest was highest at the 23,500 strike and put open interest was highest at the 22,700 strike, with a put-call ratio of approximately 1.60. India VIX rose 1.19 percent to 15.30 on Friday, and Univest’s analysts treat these strikes as reference points, not predictions.

Univest’s analysts suggest treating this nifty financial services prediction for monday as a preparation note for Monday, 2 November 2026, rather than a signal that changes over the weekend.

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

How Friday’s Broader Session Unfolded

The Nifty 50 closed at 23,053.10, up 0.51 percent, with a high of 23,118.10 and a low of 22,905.10. The Sensex closed at 74,459.53, up 0.42 percent, while the Bank Nifty closed at 54,686.95, down 0.41 percent. India VIX, the market’s fear gauge, rose 1.19 percent to 15.30, after ranging between 14.47 and 15.70 during the session. The Nifty 50 gained about 2.0 percent over the week from last Friday’s close of 22,600.00 and is about 0.4 percent below its close of 23,146.15 on 16 October. The Nifty Midcap 50 fell 0.86 percent and the Nifty Next 50 fell 0.61 percent, so the broader market lagged the headline index. Nifty IT rose 2.32 percent and Nifty Pharma rose 1.55 percent, while Nifty PSU Bank fell 0.93 percent and Nifty Auto fell 0.87 percent. The trigger for the split between large and broader stocks was not independently confirmed.

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

Analyst View for Monday

Kunal Singla suggests that the index can hold above 24,704.55, the previous close, with a fresh high above 24,840.90 needed to extend the move.

Ankit Jaiswal flags that the two heavyweights rose but the index did not, so the move needs wider participation to be trusted.

A fair reading of this nifty financial services prediction for monday is that Friday’s data sets the context, while Monday’s first hour decides how much of it carries forward.

Why This Is Written for Monday

This nifty financial services prediction for monday is written after the close on Friday, 30 October 2026, using Friday’s closing data, for the next regular trading session on Monday, 2 November 2026. Indian equity markets are closed on Saturday, 31 October, and Sunday, 1 November, so Friday’s closing prices remain the last cash-market data until trading resumes on Monday. Treat it as a briefing to prepare for that session, not a live call that updates over the weekend.

Track the Nifty Financial Services Space on Univest Screeners

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

Risks to This Prediction

  • A rise in bond yields could weigh on financial stocks.
  • A fade from the high shows sellers near 24,840.
  • Any change in RBI policy tone could shift sector sentiment.

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

The nifty financial services prediction for monday 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 prediction for monday leans steady into 2 November 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 Monday’s opening trade confirms direction.

For traders, this nifty financial services prediction for monday 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 prediction for monday?

Ans. It is steady for 2 November 2026, after Nifty Financial Services closed at 24,712.20 on Friday, up 0.03 percent.

Why is this a prediction for Monday, 2 November 2026?

Ans. Because Indian equity markets are closed on Saturday and Sunday, so the next regular trading session after Friday, 30 October 2026, is Monday, 2 November 2026.

Why was Nifty Financial Services flat on Friday?

Ans. Nifty Financial Services rose 0.03 percent as gains in HDFC Bank and ICICI Bank were offset elsewhere. The specific trigger was not independently confirmed.

What are the key Nifty Financial Services levels for Monday?

Ans. The previous close of 24,704.55 and Friday’s low of 24,606.40 are support below the price, while Friday’s high of 24,840.90 is 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
Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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