Nifty IT Prediction for Monday, 2 November 2026 (Including F&O)
- October 30, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Nifty IT closed at 32,606.90, up 2.32%. Nifty 50 rose 0.51%. India VIX rose 1.19% to 15.30. Next session is Monday, 2 November.
Quick Answer
The nifty it prediction for monday is constructive for Monday, 2 November 2026. Nifty IT rose 2.32 percent to 32,606.90 on Friday, a second straight gain, as Infosys rose 3.36 percent and TCS rose 0.99 percent. The index climbed about 629 points from its low of 31,977.55 and closed near the high of 32,705.45.
This nifty it prediction for monday follows a Friday, 30 October 2026 session in which the Nifty IT index rose 2.32 percent to 32,606.90, a second straight gain, as Infosys rose 3.36 percent and TCS rose 0.99 percent.
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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What Friday Told Us
- Nifty IT closed at 32,606.90, up 2.32 percent on 30 October 2026.
- The broader Nifty 50 rose 0.51 percent.
- India VIX rose 1.19 percent to 15.30.
Nifty IT Prediction for Monday: Key Levels
Nifty IT traded between 31,977.55 and 32,705.45 on Friday, against a previous close of 31,866.40, and settled at 32,606.90. On the downside, 31,977.55 and 31,866.40 are the first reference levels to watch if the day’s move is tested. On the upside, 32,705.45 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Positive | 31,977.55, 31,866.40 | 32,705.45 |
The table uses Friday’s high, low and previous close for Nifty IT.
Key Drivers for Monday
- Nifty IT rose 2.32 percent to 32,606.90, with a high of 32,705.45 and a low of 31,977.55.
- Infosys rose 3.36 percent and TCS rose 0.99 percent, so both heavyweights gained.
- The index rose more than four times as much as the Nifty 50’s 0.51 percent, so IT led the market.
Ankit Jaiswal and Kunal Singla suggest revisiting this nifty it prediction for monday after the first thirty minutes of Monday’s trade.
Anyone following this nifty it prediction for monday should keep the next session’s opening range in view before reading too much into early moves.
Nothing in this nifty it prediction for monday is a promise of returns, and every level quoted can fail.
Stocks and Triggers to Watch in the Nifty IT Space
Nifty IT is back above Tuesday’s level of 32,189.45, so the two-day rebound has recovered the earlier losses. Earnings commentary and the dollar-rupee move are the usual triggers.
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 it 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 it 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 31,866.40, the previous close, with a fresh high above 32,705.45 needed to extend the move.
Ankit Jaiswal flags that the rebound now has support from both Infosys and TCS, which broadens the move.
A fair reading of this nifty it 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 it 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 IT Space on Univest Screeners
Readers comparing views should note that this nifty it prediction for monday draws only on Friday’s closing numbers and the factors listed here.
Risks to This Prediction
- A rising rupee can hurt IT export earnings.
- Weak global tech demand signals could reverse the rebound.
- After a 2.32 percent rise, a pause or pullback is common.
As with any nifty it prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.
The nifty it 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 it prediction for monday leans constructive 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 it 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 it prediction for monday?
Ans. It is constructive for 2 November 2026, after Nifty IT closed at 32,606.90 on Friday, up 2.32 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 did Nifty IT rise on Friday?
Ans. Nifty IT rose 2.32 percent, led by Infosys at 3.36 percent. The specific trigger was not independently confirmed.
What are the key Nifty IT levels for Monday?
Ans. The previous close of 31,866.40 and Friday’s low of 31,977.55 are support below the price, while Friday’s high of 32,705.45 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.
