Nifty Financial Services Ex Bank Prediction for Tomorrow, 3 November 2026 (Including F&O)
- November 2, 2026
- Posted by: Kunal Singla
- Category: Uncategorized
Bajaj Finance closed at 959.40, up 2.16%. Nifty 50 rose 1.68%. India VIX rose 1.31% to 15.50. Next session is tomorrow, Tuesday 3 November.
Quick Answer
The nifty financial services ex bank prediction for tomorrow is constructive for tomorrow, 3 November 2026. Bajaj Finance, the lead stock for the space, rose 2.16 percent to Rs 959.40 on Monday, above the previous close of 939.10, and closed at its high of the day. The stock traded between 940.10 and 959.40 on volume of about 6.6 million shares.
This nifty financial services ex bank prediction for tomorrow follows a Monday, 2 November 2026 session in which Bajaj Finance, the lead stock for the non-bank financial space, rose 2.16 percent to Rs 959.40, a third straight gain, and closed at its high of the day.
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 Tuesday, 3 November 2026.
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What Monday Told Us
- Bajaj Finance closed at 959.40, up 2.16 percent on 2 November 2026.
- The broader Nifty 50 rose 1.68 percent.
- India VIX rose 1.31 percent to 15.50.
Nifty Financial Services Ex Bank Prediction for Tomorrow: Key Levels
Bajaj Finance traded between 940.10 and 959.40 on Monday, against a previous close of 939.10, and settled at 959.40. On the downside, 940.10 and 939.10 are the first reference levels to watch if the day’s move is tested. Monday’s high of 959.40 equals the closing level, so a fresh high would be needed to extend the move. Univest’s analysts treat these as reference points drawn from Monday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Positive | 940.10, 939.10 | Fresh high needed |
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 rose 2.16 percent, with a high of 959.40 and a low of 940.10.
- The low of 940.10 sat above the previous close, so buyers defended the stock all day.
- 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 Tuesday’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.
Nothing in this nifty financial services ex bank prediction for tomorrow is a promise of returns, and every level quoted can fail.
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. The stock gained more than the Nifty Financial Services index’s 0.76 percent, and volume was lower than Friday’s 9.3 million shares.
In short, the nifty financial services ex bank prediction for tomorrow rests on Monday’s verified close and the overnight risks listed below.
In the F&O segment, the nearest Nifty options expiry is tomorrow, 3 November 2026, so option prices can swing sharply on expiry day. Among the strikes Univest checked, call open interest was highest at the 23,500 strike and put open interest was highest at the 23,000 strike, with a put-call ratio of approximately 1.66. India VIX rose 1.31 percent to 15.50, and Univest’s analysts treat these strikes as reference points, not predictions.
Univest’s analysts suggest treating this nifty financial services ex bank prediction for tomorrow as a preparation note for Tuesday, 3 November 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 Monday’s Broader Session Unfolded
The Nifty 50 closed at 23,440.80, up 1.68 percent, with a high of 23,440.80 and a low of 23,207.05, so it finished at the best level of the day. The Sensex closed at 75,692.78, up 1.66 percent, and the Bank Nifty closed at 55,002.20, up 0.58 percent. India VIX, the market’s fear gauge, rose 1.31 percent to 15.50, after ranging between 14.55 and 15.92 during the session. The Nifty 50 closed about 1.3 percent above its close of 23,146.15 on 16 October. The Nifty Midcap 50 rose 1.24 percent and the Nifty Next 50 rose 1.85 percent, so the rise was broad. Nifty Metal rose 3.21 percent and Reliance Industries rose 11.60 percent, while Nifty IT fell 0.50 percent and Nifty Private Bank fell 0.14 percent. The trigger for the broad rise 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 can hold above 940.10, Monday’s low, with a fresh high above 959.40 needed to extend the move.
Ankit Jaiswal flags that a close at the high with the low above the previous close is firm, but lighter volume means follow-through is the test.
A fair reading of this nifty financial services ex bank prediction for tomorrow is that Monday’s data sets the context, while Tuesday’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 Monday, 2 November 2026, using Monday’s closing data, for the next trading session tomorrow, Tuesday, 3 November 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 Monday’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.
- Lower volume than Friday shows less conviction behind the gain.
- After a 2.16 percent rise, a pullback toward 940 is possible.
As with any nifty financial services ex bank prediction for tomorrow, the opening minutes of Tuesday’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 constructive into 3 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 Tuesday’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 constructive for 3 November 2026, after Bajaj Finance, the lead constituent, closed at 959.40 on Monday, up 2.16 percent.
Why is this a prediction for tomorrow, 3 November 2026?
Ans. Because it is written after the close on Monday, 2 November 2026, for the next regular trading session on Tuesday, 3 November 2026.
Why did Bajaj Finance rise on Monday?
Ans. Bajaj Finance rose 2.16 percent while the Nifty 50 rose 1.68 percent. The specific trigger was not independently confirmed.
What are the key levels for the non-bank financial space tomorrow?
Ans. Bajaj Finance’s low of 940.10 and the previous close of 939.10 are support below the price. Monday’s high of 959.40 equals the close, so a fresh high would be needed to extend the move.
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.
