Nifty IT Prediction for Tomorrow, 3 November 2026 (Including F&O)
- November 2, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Nifty IT closed at 32,442.50, down 0.50%. Nifty 50 rose 1.68%. India VIX rose 1.31% to 15.50. Next session is tomorrow, Tuesday 3 November.
Quick Answer
The nifty it prediction for tomorrow is mildly cautious for tomorrow, 3 November 2026. Nifty IT fell 0.50 percent to 32,442.50 on Monday, its first fall after two gains, as Infosys fell 2.03 percent while TCS was little changed. The index opened at 32,773.80 and traded between 32,307.55 and 32,879.85.
This nifty it prediction for tomorrow follows a Monday, 2 November 2026 session in which the Nifty IT index fell 0.50 percent to 32,442.50, its first fall after two gains, as Infosys fell 2.03 percent and TCS was little changed.
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
- Nifty IT closed at 32,442.50, down 0.50 percent on 2 November 2026.
- The broader Nifty 50 rose 1.68 percent.
- India VIX rose 1.31 percent to 15.50.
Nifty IT Prediction for Tomorrow: Key Levels
Nifty IT traded between 32,307.55 and 32,879.85 on Monday, against a previous close of 32,606.90, and settled at 32,442.50. On the downside, 32,307.55 is the first reference level to watch if the day’s move is tested. On the upside, 32,606.90 and 32,879.85 mark the nearest resistance. Univest’s analysts treat these as reference points drawn from Monday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Negative | 32,307.55 | 32,606.90, 32,879.85 |
The table uses Monday’s high, low and previous close for Nifty IT.
Key Drivers for Tomorrow
- Nifty IT fell 0.50 percent to 32,442.50, with a high of 32,879.85 and a low of 32,307.55.
- Infosys fell 2.03 percent and TCS was down 0.04 percent, so the heavier fall came from Infosys.
- The Nifty 50 rose 1.68 percent, so IT lagged the market sharply.
Ankit Jaiswal and Kunal Singla suggest revisiting this nifty it prediction for tomorrow after the first thirty minutes of Tuesday’s trade.
Anyone following this nifty it 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 IT Space
Nifty IT gave back part of its recent rebound and fell on a day when the market rose strongly. Earnings commentary and the dollar-rupee move are the usual triggers.
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 it 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 it prediction for tomorrow will be most useful when read alongside the support and resistance table above.
Analyst View for Tomorrow
Kunal Singla suggests that the index needs to reclaim 32,606.90, the previous close, to improve the tone, with 32,307.55 the support to watch.
Ankit Jaiswal flags that the fall is modest, but lagging a 1.68 percent market gain is a mild warning.
A fair reading of this nifty it 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 it 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 IT Space on Univest Screeners
Readers comparing views should note that this nifty it prediction for tomorrow draws only on Monday’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 extend the fall.
- Lagging a strongly rising market is a sign of rotation away from the sector.
As with any nifty it prediction for tomorrow, the opening minutes of Tuesday’s trade will confirm or challenge the levels discussed here.
The nifty it 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 it prediction for tomorrow leans mildly cautious 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 it 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 it prediction for tomorrow?
Ans. It is mildly cautious for 3 November 2026, after Nifty IT closed at 32,442.50 on Monday, down 0.50 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 Nifty IT fall on Monday?
Ans. Nifty IT fell 0.50 percent, led by Infosys at 2.03 percent, while the Nifty 50 rose 1.68 percent. The specific trigger was not independently confirmed.
What are the key Nifty IT levels for tomorrow?
Ans. Monday’s low of 32,307.55 is the nearest support below the price, while the previous close of 32,606.90 and Monday’s high of 32,879.85 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.
