Nifty Auto Prediction for Tomorrow, Thursday 6 August 2026: Index at 24,493 Surges 1.13% on Crude Below $80 as Auto Margins Improve
- August 5, 2026
- Posted by: Lakshit Sharma
- Category: News
Nifty Auto Wed: 24,493 (+1.13%). Range: 24,350-24,560. Support 24,350-24,400. Resistance 24,650-24,750. Crude $78.44. SBI Q1 Thu.
The Nifty Auto prediction for tomorrow for Thursday 6 August 2026 is framed by Wednesday’s session where Brent crude extended its weekly decline to 78.44 US dollars, down 12 percent in a single week on Iran deal mediators in Qatar reporting progress, while the RBI held rates at 5.25 percent with a neutral stance. Nifty 50 closed approximately flat near 24,590 while Sensex gained 321 points to approximately 78,750 — a historic divergence driven by the new Closing Auction Session mechanism. Bank Nifty fell 187 points to approximately 57,720 as private banks (HDFC Bank -1.13 percent, ICICI Bank -1.07 percent) underperformed while PSU banks (SBI +0.86 percent) outperformed ahead of SBI Q1 FY27 results on Thursday. The Nifty Auto is the sectoral benchmark for Thursday. The Nifty Auto prediction for tomorrow for Thursday balances three catalysts: the weekly Nifty options expiry, SBI Q1 FY27 results and Brent crude at 78.44 US dollars. Nifty Auto gained 1.13 percent Wednesday, one of the top sectoral outperformers, as Brent crude’s fall to 78.44 US dollars extended the tyre, plastic and fuel cost improvement narrative for auto manufacturers. Grasim (which supplies specialty chemicals to auto paint and plastics suppliers) rose 2.52 percent and M&M gained 1 percent. The Nifty Auto prediction for tomorrow is the most positively positioned sector article for Thursday because the crude structural tailwind continues and a formal Iran deal would push Brent to 72-75 US dollars — the strongest auto sector positive catalyst of 2026. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete Nifty Auto prediction for tomorrow.
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Wednesday’s Data Behind the Nifty Auto prediction for tomorrow
| Indicator | Wednesday 5 Aug Close | Change |
|---|---|---|
| Nifty Auto | 24,493 | +1.13% |
| Day Range | 24,350-24,560 | Session high/low |
| Nifty 50 | ~24,590 | ~-25 pts (-0.10%) — CAS divergence |
| Sensex | ~78,750 | +321 pts (+0.41%) — Grasim, L&T led |
| Bank Nifty | ~57,720 | -187 pts (-0.32%) — private banks lagged |
| India VIX | ~11.48 | Down from 12.19 (RBI event resolved) |
| Brent Crude | $78.44/bbl | -$0.92 (-1.2%) today; -12% weekly |
| SBI Q1 FY27 | Results due Thursday Aug 6 | SBI +0.86% Wed on pre-result positioning |
Ankit Jaiswal notes the Nifty Auto prediction for tomorrow is shaped by three simultaneous forces: crude at 78.44 US dollars (the structural positive for FMCG, Realty, Cement and Auto that drove Wednesday’s outperformers up 1-2 percent), the weekly Nifty options expiry on Thursday (intraday volatility guarantee), and SBI Q1 FY27 results (the binary banking catalyst). The Nifty Auto is the sectoral benchmark for Thursday. The Nifty Auto prediction for tomorrow analysis below maps each catalyst to its impact on Thursday’s likely range and direction.
Technical Levels for the Nifty Auto prediction for tomorrow
| Level Type | Zone |
|---|---|
| Immediate Support | 24,350-24,400 |
| Support 2 | 24,100-24,150 |
| Strong Support | 23,850-23,900 (50 DMA) |
| Immediate Resistance | 24,650-24,750 |
| Key Resistance | 24,900-25,000 |
Kunal Singla observes that the Nifty Auto prediction for tomorrow enters Thursday with VIX at 11.48, the lowest since Monday August 3, confirming option writers are pricing a calmer session after Wednesday’s RBI-driven volatility resolved. The weekly expiry pin near the max pain zone for Thursday creates a gravitational force for the first 90 minutes of Thursday’s session before SBI Q1 result catalysts take over. 24,650-24,750 is the primary resistance that the Nifty Auto prediction for tomorrow must clear for the bullish case to be confirmed post-SBI results.
Iran Deal and Crude at $78.44: Core Driver of the Nifty Auto prediction for tomorrow
Brent crude at 78.44 US dollars is the most significant macro variable for Thursday. Qatar, Pakistan and Oman continued shuttle diplomacy between Washington and Tehran on Wednesday, with mediators reporting progress in narrowing differences. The Strait of Hormuz remains partially shut with another vessel attacked Wednesday, maintaining 1-2 US dollars of risk premium in crude. Ankit Jaiswal tracks three crude scenarios for Thursday: formal Iran deal overnight pushes Brent to 72-75 US dollars (very bullish for FMCG, Realty, Auto, Cement in this outlook); status quo at 78-80 US dollars is the base case; deal collapse pushes Brent back above 84 US dollars (bearish for FMCG and FMCG-linked sectors in this outlook).
Key Factors Shaping the Nifty Auto prediction for tomorrow
- Brent crude at 78.44 US dollars extends the auto sector margin improvement that drove Nifty Auto +1.13 percent Wednesday. Each 5 US dollar crude decline saves approximately 400-600 rupees per vehicle in tyre and plastic raw material costs. The Nifty Auto prediction for tomorrow benefits from this structural tailwind continuing into Thursday.
- SBI Q1 FY27 results on Thursday create a secondary impact on the Nifty Auto prediction for tomorrow: a strong SBI result improving market sentiment would support auto loan demand confidence, reinforcing the Nifty Auto prediction for tomorrow bullish case.
- A formal Iran deal announced Thursday would push Brent toward 72-75 US dollars — the most powerful Nifty Auto prediction for tomorrow catalyst of 2026 — as fuel costs for auto buyers and raw material costs for manufacturers both improve dramatically.
Stocks to Watch in the Nifty Auto prediction for tomorrow
Univest analysts flag the following stocks for educational observation in this outlook on Thursday. These are not buy recommendations.
Maruti Suzuki: CMP Rs 12,520. Ankit Jaiswal flags entry Rs 12,400-12,500, target Rs 12,780, SL Rs 12,220. Maruti is the primary Nifty Auto prediction for tomorrow expression as India’s largest PV manufacturer with the highest crude input cost sensitivity. This is a watch in this outlook.
Tata Motors: CMP Rs 788. Kunal Singla flags entry Rs 778-786, target Rs 812, SL Rs 762. Tata Motors’ EV mix reduces crude sensitivity while JLR benefits from lower fuel costs in this outlook context. This is a watch in this outlook.
Hindalco: CMP Rs 755. Ankit Jaiswal flags entry Rs 745-752, target Rs 778, SL Rs 732. Hindalco supplies aluminium to auto manufacturers and benefits from the same demand recovery driving the Nifty Auto prediction for tomorrow. This is a watch in this outlook.
Use the Univest Screener to Track the Nifty Auto prediction for tomorrow Live on Thursday
Trading Strategy for the Nifty Auto prediction for tomorrow
- 24,350-24,400 is the primary support for Thursday. Ankit Jaiswal recommends buy-on-dip positions above 24,400.
- 24,650-24,750 is the first resistance in this outlook. Kunal Singla advises booking 50 percent here.
- Monitor crude oil overnight. A formal Iran deal below 75 US dollars would push the Nifty Auto prediction for tomorrow to 24,900-25,000.
- Track Maruti Suzuki and M&M opening prices Thursday as the two bellwether stocks for Thursday direction.
Risks to the Nifty Auto prediction for tomorrow
- Iran talks collapse overnight reversing the crude narrative and hitting the Nifty Auto prediction for tomorrow.
- SBI Q1 miss creating broad market selling that takes down the Nifty Auto prediction for tomorrow despite the crude tailwind.
- Rising steel prices from infrastructure spending pressure auto body panels costs and cap the Nifty Auto prediction for tomorrow.
Conclusion
The Nifty Auto prediction for tomorrow for Thursday 6 August 2026 is shaped by +1.13% to 24,493 on Wednesday, driven by Brent crude at 78.44 US dollars on Iran deal progress. Ankit Jaiswal of Univest identifies 24,650-24,750 as the key resistance and 24,350-24,400 as the critical support for the Nifty Auto prediction for tomorrow. SBI Q1 FY27 results on Thursday and the weekly Nifty options expiry are the twin catalysts that define the Nifty Auto prediction for tomorrow direction for August 6. A strong SBI Q1 beat would be the most powerful positive catalyst for the Nifty Auto prediction for tomorrow in Thursday’s session.
Kunal Singla of Univest notes that with India VIX at 11.48, the Nifty Auto prediction for tomorrow carries lower volatility expectations than Tuesday’s pre-RBI setup. The crude-below-80-dollar structural theme (Realty +2%, Auto +1.1%, Cement +1.1% on Wednesday) provides the positive sector underpinning for the Nifty Auto prediction for tomorrow even if banking remains under PSU-versus-private rotation pressure on Thursday.
Disclaimer: Data and figures in this article are sourced from publicly available information and may or may not be accurate. Verify all data with NSE (nseindia.com), BSE (bseindia.com) and MCX (mcxindia.com) before making any investment decision. Investments are subject to market risk. Educational purposes only. Not investment advice by Univest (SEBI RA INH000013776).
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FAQs on Nifty Auto Prediction For Tomorrow
What is the Nifty Auto prediction for tomorrow, Thursday 6 August 2026?
Ans. The Nifty Auto prediction for tomorrow is bullish. Nifty Auto closed Wednesday at 24,493, up 1.13 percent, as crude fell to 78.44 US dollars. Support is 24,350-24,400 and resistance 24,650-24,750. A formal Iran deal pushing crude below 75 US dollars would push the Nifty Auto prediction for tomorrow to 24,900-25,000.
Which analysts prepared the Nifty Auto prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty Auto prediction for tomorrow.
How does crude affect the Nifty Auto prediction for tomorrow?
Ans. Brent at 78.44 US dollars reduces tyre, plastic and fuel costs for auto manufacturers and buyers. Each 5 US dollar decline saves 400-600 rupees per vehicle in input costs, directly improving EBITDA margins in this outlook.
What is Nifty Auto support and resistance for the prediction for tomorrow?
Ans. Support is 24,350-24,400 and 24,100-24,150. The 50 DMA at 23,850-23,900 is the medium-term floor. Resistance is 24,650-24,750 and 24,900-25,000 in this outlook.
What stocks are watched in the Nifty Auto prediction for tomorrow?
Ans. Maruti Suzuki (largest PV manufacturer), Tata Motors (EV diversification) and Hindalco (aluminium supplier) are the three stocks in this outlook.