Nifty 50 Prediction for Tomorrow, Wednesday 5 August 2026: Index at 24,615 After Iran Reversal as RBI Delivers Its Verdict at 10 AM
- August 4, 2026
- Posted by: Kunal Singla
- Category: News
Nifty 50 Tue close: 24,614.90 (-159 pts, -0.64%). VIX: ~13.15. PCR: ~1.08. Bank Nifty: ~57,485 (-1.3%). RBI rate: Wed 5 Aug 10 AM. Airtel Q1 ARPU Rs 261 (+2%).
The Nifty 50 prediction for tomorrow, Wednesday 5 August 2026, is shaped by a Tuesday session that erased much of Monday’s euphoria: Nifty 50 fell 159 points or 0.64 percent to 24,614.90 as Tehran denied ongoing US-Iran peace talks, reversing crude’s Monday crash and pushing Brent back to approximately 84 US dollars. Bank Nifty fell harder at approximately 1.3 percent with HDFC Bank, Axis Bank and Federal Bank as top losers, and India VIX rose from 11.92 to approximately 13.15. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the updated Nifty 50 prediction for tomorrow covering revised technical levels, three RBI outcome scenarios and three stocks to watch Wednesday.
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Tuesday’s Session: Revised Base for Wednesday
| Indicator | Tuesday 4 Aug Close | Change |
|---|---|---|
| Nifty 50 | 24,614.90 | -159 pts (-0.64%) — 4-day win streak snapped |
| Sensex | 78,428.95 | -210 pts (-0.27%) |
| Bank Nifty | ~57,485 | ~-762 pts (-1.31%) — banks led decline |
| India VIX | ~13.15 | +1.23 pts (+10.4%) — anxiety rising pre-RBI |
| Brent Crude | ~$84/bbl | +$2 recovery — Tehran denied Iran-US talks |
| FII Cash (provisional) | Awaited | Net sellers likely on crude reversal |
| Bharti Airtel Q1 FY27 | ARPU Rs 261 (+2%) | Revenue +15%, PAT +~35% — after-hours positive |
| ONGC Q1 FY27 | Realization pressure | Results out post-market |
Updated Technical Levels for the Nifty 50 Prediction for Tomorrow
| Level | Zone | Status After Tuesday |
|---|---|---|
| Immediate Support | 24,480-24,520 | Held intraday Tuesday; primary floor |
| Support 2 | 24,280-24,350 | Pre-rally base; RBI hawkish scenario target |
| 50 DMA (Structural) | 24,050-24,100 | Medium-term floor; institutional buy zone |
| Immediate Resistance | 24,750-24,800 | Monday’s 24,774 close now resistance |
| Key Resistance | 25,000 | Heaviest weekly call OI — session ceiling |
| Extended Target | 25,200-25,400 | Dovish RBI only |
Ankit Jaiswal notes that Monday’s 24,774 close has now become resistance in the Nifty 50 prediction for tomorrow after Tuesday’s correction. The RSI eased from 62 to approximately 56-58, removing overbought concern and creating room for a recovery bounce if RBI is neutral. The 50-day moving average at 24,050-24,100 remains the medium-term structural floor that Ankit Jaiswal tracks for the Nifty 50 prediction for tomorrow.
Updated F&O Analysis for Wednesday
| Strike | Type | OI (approx, lakh contracts) | Inference |
|---|---|---|---|
| 24,000 | PE | ~35 | Strengthened put floor (Tuesday additions) |
| 24,300 | PE | ~28 | Key intermediate put support |
| 24,500 | PE | ~46 | Max pain zone; gravitational floor |
| 24,700 | CE | ~26 | First call resistance Wednesday |
| 24,800 | CE | ~38 | Intermediate call wall |
| 25,000 | CE | ~55 | Primary call wall — session ceiling |
Kunal Singla observes that Tuesday’s correction strengthened put writing below 24,500 as institutional traders added floors after the 159-point Nifty decline. The PCR of approximately 1.08 is lower than Monday’s 1.18 but still above 1.0, indicating institutional put writers remain net confident about the floor. Max pain at 24,400-24,500 creates a gravitational pull for the pre-10 AM window in the Nifty 50 prediction for tomorrow.
Three RBI Scenarios for the Nifty 50 Prediction for Tomorrow
Scenario A (70% probability): Hold at 5.25% with Neutral Guidance
Relief buying takes Nifty from 24,614 toward 24,700-24,750. Bank Nifty reclaims 57,600-57,800. Expected close: 24,650-24,720. VIX eases back toward 12.5.
Scenario B (20% probability): Dovish Forward Guidance or Rate Cut Hint
Nifty surges above 24,800 within 15 minutes of the announcement and targets 25,000. Bank Nifty reclaims 58,000-58,200. Ankit Jaiswal notes Scenario B would be the best day for Indian equities in several weeks.
Scenario C (10% probability): Hawkish Surprise
Nifty accelerates decline toward 24,280-24,350. Bank Nifty breaks 56,700. VIX spikes to 15-16. Kunal Singla places 10 percent probability on this outcome.
Bharti Airtel as the Positive Pre-Market Catalyst
Bharti Airtel’s Q1 FY27 results released Tuesday after close showed ARPU of Rs 261, up 2 percent quarter-on-quarter, revenue growth of approximately 15 percent year-on-year and PAT growth of approximately 35 percent. As a Nifty 50 heavyweight, Ankit Jaiswal expects Airtel to gap up 2-4 percent on Wednesday, contributing 20-35 index points of positive momentum in the Nifty 50 prediction for tomorrow. This partially offsets Tuesday’s 159-point correction before markets even open.
Key Stocks for Wednesday
1. HDFC Bank (CMP ~Rs 1,845 est.): Fell sharply Tuesday as the top loser in Nifty Bank. Ankit Jaiswal flags HDFC Bank’s recovery above Rs 1,855 Wednesday as the key signal confirming the Nifty 50 prediction for tomorrow’s bullish base case. A Bank Nifty reclaim of 57,500 would require HDFC Bank to recover 0.5-1 percent from Tuesday’s close.
2. Bharti Airtel (CMP Rs 1,970, expected gap-up): Strong Q1 FY27 results make Airtel the highest-conviction Wednesday gap-up play in the Nifty 50 prediction for tomorrow. Kunal Singla flags Rs 2,000-2,020 as the first post-results target on Wednesday.
3. ITC (CMP Rs 321): Held near flat Tuesday as FMCG outperformed on defensive buying. Ankit Jaiswal considers ITC the hedge stock in the Nifty 50 prediction for tomorrow: if RBI disappoints and banking falls, ITC provides index stability through its weight and defensive characteristics.
Use the Univest Screener to Track Nifty 50 Constituent Moves on RBI Day
Trading Strategy for Wednesday’s Session
- Pre-open checklist (8:30-9:00 AM): GIFT Nifty above 24,600, Airtel pre-market above Rs 1,990, Iran/crude updates, and US futures direction. These four inputs define the opening scenario for the Nifty 50 prediction for tomorrow before a single order is placed.
- Pre-RBI range (9:15-9:55 AM): With VIX at 13.15, expect 24,480-24,750 as the pre-10 AM range. Avoid large positions. Use any dip toward 24,520 as a scalping long entry with a 24,460 stop.
- The 10 AM pivot: Watch the first 5-minute candle post-announcement. Above 24,700 = bullish confirmation. Below 24,520 = bear extension toward 24,350. Do not trade against the first post-RBI candle in the Nifty 50 prediction for tomorrow.
- Exit by 2:30 PM or trail at 50 points: RBI-day sessions with VIX above 13 see more aggressive afternoon reversals. Kunal Singla recommends squaring 70 percent of positions by 2:30 PM on Wednesday.
Conclusion
The Nifty 50 prediction for tomorrow, Wednesday 5 August 2026, is conditionally positive but more event-binary than Monday’s clean setup. Nifty 50 enters at 24,614.90 with VIX at 13.15 (higher post-Iran reversal), Bank Nifty below its Monday breakout level of 57,500, and Bharti Airtel providing a positive pre-market catalyst from strong Q1 FY27 results. Ankit Jaiswal places support for the Nifty 50 prediction for tomorrow at 24,480-24,520 and resistance at 24,750-24,800 for the pre-RBI window.
Kunal Singla summarises the Nifty 50 prediction for tomorrow: three scenarios, one catalyst (RBI 10 AM), one positive wildcard (Airtel gap-up). Define your entry levels and stop losses before 9:15 AM Wednesday. The VIX at 13.15 means intraday swings will be wider than Monday’s session, so position sizing conservatively is essential for the Nifty 50 prediction for tomorrow.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Download the Univest iOS App or Univest Android App to get live Nifty 50 levels and RBI rate decision alerts on Wednesday.
FAQs on Nifty 50 Prediction for Tomorrow, 5 August 2026
What is the Nifty 50 prediction for tomorrow, Wednesday 5 August 2026?
Ans. The Nifty 50 prediction for tomorrow is neutral-to-cautiously-bullish. The index closed Tuesday at 24,614.90 (-159 pts, -0.64%), snapping a four-day winning streak. Tehran denied Iran-US talks, crude recovered to 84 US dollars, and VIX rose to 13.15. Support for the Nifty 50 prediction for tomorrow is at 24,480-24,520 and resistance at 24,750-24,800, with the RBI MPC decision at 10 AM IST the primary catalyst.
Which analysts prepared the Nifty 50 prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have prepared the Nifty 50 prediction for tomorrow covering Tuesday’s technical damage, updated F&O levels, three RBI scenarios and the Bharti Airtel post-results catalyst for Wednesday.
What is the Nifty 50 PCR and max pain for the Nifty 50 prediction for tomorrow?
Ans. The Nifty 50 PCR eased from 1.18 Monday to approximately 1.05-1.10 Tuesday as banks unwound put positions during Tuesday’s fall. The maximum pain for the weekly options series is near 24,400-24,500, which will act as a gravitational pull in a neutral RBI scenario in the Nifty 50 prediction for tomorrow. The 25,000 call wall (heaviest OI) remains the session ceiling.
How does the Iran reversal change the Nifty 50 prediction for tomorrow?
Ans. Tehran’s denial of Iran-US peace talks on Tuesday reversed Monday’s crude crash, pushing Brent back to 84 US dollars. This re-introduced inflation risk, pressured banking stocks (which fell 1.3 percent in Bank Nifty), raised VIX to 13.15 and shifted the Nifty 50 prediction for tomorrow from a clean bullish setup to a neutral one. A Brent crude above 86 US dollars overnight would further tighten the upside in the Nifty 50 prediction for tomorrow.
What are the three RBI scenarios for the Nifty 50 prediction for tomorrow?
Ans. Scenario A (70%): Hold at 5.25% with neutral language — Nifty recovers toward 24,700-24,750 on relief; expected close near 24,650-24,720. Scenario B (20%): Dovish guidance or rate cut — Nifty surges toward 24,800-25,000; Bank Nifty reclaims 58,000. Scenario C (10%): Hawkish surprise — Nifty declines toward 24,280-24,350; Bank Nifty breaks 56,700.
What stocks are key in the Nifty 50 prediction for tomorrow?
Ans. HDFC Bank (largest Nifty 50 weight, top Bank Nifty loser Tuesday — its recovery Wednesday is the key index signal), Bharti Airtel (strong Q1 FY27 results post-Tuesday close; ARPU Rs 261, PAT +35%, gap-up expected Wednesday providing 15-25 index points support) and ITC (defensive FMCG held better than market Tuesday; acts as hedge if RBI disappoints). These three cover the banking, telecom and defensive themes in the Nifty 50 prediction for tomorrow.
What is Nifty 50 support at the 50-day moving average for tomorrow?
Ans. The Nifty 50 50-day moving average is at approximately 24,050-24,100. This is the medium-term structural support for the Nifty 50 prediction for tomorrow. A close below 24,050 would signal a medium-term trend reversal. Ankit Jaiswal considers 24,050-24,100 the floor even in a hawkish RBI scenario where institutional buying historically accumulates near this zone.
What is the day range expected for the Nifty 50 prediction for tomorrow?
Ans. With VIX at 13.15 on Tuesday, the expected intraday range for the Nifty 50 prediction for tomorrow is approximately 300-400 points. Using Tuesday’s close of 24,614.90 as a base: expected range is 24,380 to 24,980, narrowing around 24,480-24,520 support and 24,750-24,800 resistance in a neutral RBI scenario. A dovish RBI would push the upper end to 25,000-25,200.
