Nifty Auto Prediction for Monday, 10 August 2026: Index Surges 1.83 Percent to 29,646 Led by Maruti as Crude at Rs 7,356 Maintains Cost Tailwind
- August 7, 2026
- Posted by: Kunal Singla
- Category: News
Nifty Auto Fri: 29,646.95 (+1.83% (+533.55 pts)). Range: 29,012.45-29,647.85. Nifty IT +1.42%. SBI Q1 NIM 3%. Bajaj Fin -5.84%. VIX 12.16.
The Nifty Auto prediction for Monday on Monday 10 August 2026 is shaped by Friday’s session where Nifty 50 closed at 24,570.65 (down 65 points, -0.27%), Sensex fell 455 points to 78,499.17 and Bank Nifty lost 317 points to 57,746.45. The session’s defining paradox: SBI Q1 FY27 beat strongly (PAT +10.23%, NIM recovered to exactly 3 percent, GNPA at a two-decade low of 1.47 percent) but Bajaj Finance crashed 5.84 percent and ICICI Bank fell 2.5 percent, dragging the financial sector. The top performers were Nifty Auto (+1.83 percent), Nifty IT (+1.42 percent led by TCS +3.36 percent) and MCX Gold (+1.40 percent) and MCX Silver (+3.19 percent). The Nifty Auto is the sectoral index for this prediction for Monday. The primary catalyst for the Nifty Auto prediction for Monday is the US Non-Farm Payrolls for July 2026, released at 6 PM IST today after Indian market close, which will determine Monday’s opening gap direction. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete Nifty Auto prediction for Monday.
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Friday’s Data Behind the Nifty Auto prediction for Monday
| Indicator | Friday 7 Aug Close (Groww Confirmed) | Change |
|---|---|---|
| Nifty 50 | 24,570.65 | -65.35 pts (-0.27%) |
| Sensex | 78,499.17 | -455.59 pts (-0.58%) |
| Bank Nifty | 57,746.45 | -317.20 pts (-0.55%) |
| Nifty Auto | 29,646.95 | +1.83%; top sectoral gainer |
| Nifty IT | 31,547.70 | +1.42%; TCS +3.36%, HCL +1.62%, Infosys +0.87% |
| Nifty PSU Bank | 8,786.20 | +0.65%; SBI +1.12% on Q1 FY27 beat |
| Nifty Metal | 13,189.85 | +0.50%; Hindustan Zinc +2.20% |
| Nifty Private Bank | 27,392.35 | -1.04%; ICICI -2.50%, Axis -1.43% |
| SBI Q1 FY27 | Rs 1,097.20 (+1.12%) | PAT Rs 21,121 cr (+10.23%); NIM 3.0%; GNPA 1.47% (2-decade low). High: Rs 1,124.5 |
| Bajaj Finance | Rs 1,078 (-5.84%) | Biggest Nifty 50 loser; dragged Fin Services sector |
| MCX Gold (Aug Fut) | Rs 1,49,703/10g (+1.40%) | Strong surge; safe-haven demand |
| MCX Silver (Mini Aug) | Rs 2,34,741/kg (+3.19%) | Outperformed gold; industrial + safe-haven combined |
| MCX Crude Oil (Aug) | Rs 7,356/bbl (-0.28%) | Slight dip; Iran deal uncertainty continues |
| India VIX | 12.16 | Unchanged from previous close |
| US NFP (July 2026) | Released 6 PM IST today | Primary weekend catalyst for Monday gap direction |
SBI Q1 FY27 and Bajaj Finance: Two Opposite Forces Behind the Nifty Auto prediction for Monday
Friday’s session presented two contradictory catalysts for the Nifty Auto prediction for Monday. SBI delivered its strongest quarterly result in recent memory: PAT up 10.23 percent to Rs 21,121 crore, NIM recovered to exactly 3 percent from Q4 FY26’s 2.93 percent and GNPA fell to 1.47 percent, a two-decade low. SBI surged to Rs 1,124.5 intraday before closing at Rs 1,097.20 (+1.12 percent). Simultaneously, Bajaj Finance crashed 5.84 percent to Rs 1,078, the biggest Nifty 50 loser, dragging the financial services sector. Ankit Jaiswal notes that the Nifty Auto prediction for Monday is shaped by which of these two forces dominates on Monday: SBI’s confirmed earnings strength or Bajaj Finance’s Q1 result-related concerns spilling into the broader NBFC sector.
Technical Levels for the Nifty Auto prediction for Monday
| Level Type | Zone |
|---|---|
| Immediate Support | 29,380-29,420 |
| Key Support | 29,100-29,180 |
| Immediate Resistance | 29,850-29,950 |
| Key Resistance | 30,100-30,250 |
Kunal Singla observes that India VIX closed Friday at 12.16, unchanged from Thursday’s close. Stable VIX at 12-13 despite the broader market fall is structurally positive for the Nifty Auto prediction for Monday: it means option sellers are not panicking and the August monthly series maintains a defined range. The Nifty Auto prediction for Monday’s support at 29,380-29,420 is the immediate floor heading into Monday.
US NFP: The Nifty Auto prediction for Monday Primary Weekend Variable
US Non-Farm Payrolls for July 2026 releases at 6 PM IST today. A healthy NFP (175,000-230,000 range) supports a Monday gap-up in this outlook as Dow Jones rises and FII risk-on flows return to India on Monday morning. A weak NFP below 130,000 raises US recession concerns and creates a Monday gap-down in this outlook. Ankit Jaiswal recommends checking GIFT Nifty at 9 AM Monday before making any Nifty Auto prediction for Monday position decisions.
Key Factors for the Nifty Auto prediction for Monday
- MCX Crude Oil at Rs 7,356 (-0.28 percent Friday) maintains tyre and plastic raw material cost improvement for auto manufacturers. Each Rs 500 crude decline saves approximately 350-500 rupees per vehicle. The Nifty Auto prediction for Monday benefits from this sustained cost tailwind.
- Maruti Suzuki at Rs 14,037 (+0.70 percent Friday) confirms Nifty Auto’s primary constituent is in fundamental buy territory. For the Nifty Auto prediction for Monday, Maruti above Rs 14,000 is the index floor signal.
- US NFP at 6 PM IST today is the Nifty Auto prediction for Monday’s secondary catalyst through crude direction: strong NFP supporting US economic health would modestly lift crude, potentially reducing the crude cost tailwind by Rs 100-200. Weak NFP would push crude lower and amplify the Nifty Auto prediction for Monday positive.
- An Iran deal announced overnight would push Brent to 70-75 US dollars equivalent, making it the strongest possible Nifty Auto prediction for Monday bull case as input costs drop dramatically.
Stocks to Watch for the Nifty Auto prediction for Monday
Univest analysts flag the following stocks for educational observation in this outlook on Monday. These are not buy or sell recommendations.
Maruti Suzuki: CMP Rs 14,037 (+0.70% Fri). Ankit Jaiswal flags entry Rs 13,980-14,020, target Rs 14,280, SL Rs 13,740. Maruti is the Nifty Auto prediction for Monday’s primary stock. Friday’s +0.70 percent with Nifty Auto at +1.83 percent confirms Maruti is participating in sector leadership.
Tata Motors: CMP Rs 453.10 (-1.42% Fri). Kunal Singla flags entry Rs 447-452, target Rs 468, SL Rs 435. Tata Motors’ mild Friday decline (-1.42 percent) versus Nifty Auto’s +1.83 percent creates a contrarian entry in this outlook, particularly through JLR fuel cost improvement.
Bajaj Finance: CMP Rs 1,078 (-5.84% Fri). Ankit Jaiswal flags entry Watch only, target Monitor, SL N/A. Bajaj Finance’s consumer credit is watched for Nifty Auto prediction for Monday context: NBFC stress spreading would reduce auto EMI financing and impact demand.
Screen All Stocks for the Nifty Auto prediction for Monday on Univest
Trading Strategy for the Nifty Auto prediction for Monday
- Nifty Auto above 29,850 on Monday open confirms Friday’s surge is sustaining. Ankit Jaiswal recommends adding auto sector longs above this level with 29,380 stop in this outlook.
- Rs 14,000-14,020 in Maruti Suzuki is the buy-on-dip zone for the Nifty Auto prediction for Monday. Kunal Singla identifies Maruti as the highest-conviction Nifty Auto prediction for Monday stock.
- Iran deal overnight would push the Nifty Auto prediction for Monday toward 30,100-30,250 as the strongest bull case. Monitor overnight news before positioning.
- Tata Motors at Rs 453.10 (-1.42 percent Friday) provides a contrarian opportunity in this outlook: if the broader Auto sector holds, Tata Motors’ JLR fuel cost improvement is under-priced at current levels.
Risks to the Nifty Auto prediction for Monday
- Iran talks collapse sending Brent sharply higher and reversing the Nifty Auto prediction for Monday crude tailwind.
- Bajaj Finance’s -5.84 percent crash spreading to broader NBFC credit tightening reducing auto EMI financing availability in this outlook.
- Strong NFP lifting crude modestly and reducing the input cost improvement in this outlook.
Conclusion
The Nifty Auto prediction for Monday on Monday 10 August 2026 is built on Friday’s close of 29,646.95 (+1.83% (+533.55 pts)), from a session where Nifty Auto (+1.83 percent), Nifty IT (+1.42 percent) and MCX precious metals (Gold +1.40 percent, Silver +3.19 percent) were the week’s bright spots while Bajaj Finance (-5.84 percent) and ICICI Bank (-2.5 percent) created financial sector drag. Ankit Jaiswal of Univest identifies 29,850-29,950 as the primary resistance and 29,380-29,420 as the critical support for the Nifty Auto prediction for Monday. The US NFP at 6 PM IST today is the primary variable: monitor GIFT Nifty Sunday evening and at 9 AM Monday before positioning for the Nifty Auto prediction for Monday.
Kunal Singla of Univest notes that the Nifty Auto prediction for Monday has a dual structure for Monday: the recovery case (IT and Auto momentum continues, SBI Q1 beat sustains, NFP healthy) and the continuation decline case (Bajaj Finance concerns spread to NBFCs, private banks extend selling, weak NFP). The Nifty Auto prediction for Monday’s support zone at 29,380-29,420 is the line between these two scenarios on Monday.
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).
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FAQs on Nifty Auto Prediction For Monday, 10 August 2026
What is the Nifty Auto prediction for Monday, 10 August 2026?
Ans. The Nifty Auto prediction for Monday is positive. Nifty Auto surged 1.83 percent to 29,646.95 on Friday, the session’s top sectoral gainer, as MCX Crude held at Rs 7,356 (-0.28 percent). Support is 29,380-29,420 and resistance is 29,850-29,950 in this outlook.
Why did Nifty Auto outperform on Friday in the Nifty Auto prediction for Monday context?
Ans. MCX Crude at Rs 7,356 maintains tyre, plastic and fuel input cost improvement for auto manufacturers. Maruti Suzuki gained 0.70 percent. The Nifty Auto prediction for Monday benefits from crude staying below Rs 7,500 while the broader equity market was negative.
Which analysts prepared the Nifty Auto prediction for Monday?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty Auto prediction for Monday using Groww-confirmed data: Nifty Auto 29,646.95 (+1.83%), Maruti Rs 14,037 (+0.70%).
What is Nifty Auto support and resistance for the prediction for Monday?
Ans. Support is 29,380-29,420 and 29,100-29,180. Resistance is 29,850-29,950 and 30,100-30,250 in this outlook.
What stocks are watched in the Nifty Auto prediction for Monday?
Ans. Maruti Suzuki (primary leader +0.70% Friday), Tata Motors (contrarian at -1.42%) and Bajaj Finance (NBFC credit monitor) are watched in this outlook.
