Nifty Auto Prediction for Tomorrow, Friday 7 August 2026: Index at 24,450 Holds Key Level as Brent $79.28 Keeps Crude Below $80 Structural Positive

Nifty Auto Thu: 24,450 (-0.17%). Range: 24,380-24,530. Support 24,300-24,360. Resistance 24,620-24,700. SBI Q1 Fri. Brent $79.28.

The Nifty Auto prediction for tomorrow for Friday 7 August 2026 is framed by Thursday’s weekly options expiry session where Nifty 50 settled at approximately 24,617 (flat), India VIX touched an intraday low of 10.80 (the calmest reading since Monday), Bank Nifty recovered 240 points to approximately 57,980 and Sensex gained 109 points to approximately 78,690 as IT stocks reversed Wednesday’s decline and Reliance Industries led the session. The Nifty Auto is the sectoral benchmark for Friday. Brent crude at 79.28 US dollars (up 1.1 percent on Thursday, no formal Iran deal confirmed) and gold at 4,356 US dollars (7-week high on Strait of Hormuz reopening optimism) are the key commodity markers for Friday. The Dow Jones hit a record 54,349 on Wednesday night, providing a positive global backdrop, though South Korea’s Kospi fell 4.08 percent Thursday — the primary overnight risk for Friday. Nifty Auto slipped 0.17 percent Thursday on mild profit-taking after Wednesday’s strong 1.13 percent gain, closing near 24,450. Brent at 79.28 US dollars (still below 80 US dollars) keeps the structural crude cost tailwind intact for tyre, plastic and fuel input costs. The Nifty Auto prediction for tomorrow is positive: the crude structural tailwind continues and a formal Iran deal announced Friday would push Brent to 72-75 US dollars — the most powerful auto sector catalyst of 2026. The Nifty Auto prediction for tomorrow is shaped above all by SBI Q1 FY27 results, with the board meeting confirmed for Friday August 7: NIM recovery above 3 percent (from Q4 FY26’s 2.93 percent) is the week’s most critical financial metric. 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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Thursday’s Data Behind the Nifty Auto prediction for tomorrow

Ankit Jaiswal notes the Nifty Auto prediction for tomorrow is shaped by three converging factors for Friday: the post-expiry calmer session dynamics (weekly expiry completed today; August monthly series starts fresh Friday), SBI Q1 FY27 results as the binary domestic catalyst, and Brent crude at 79.28 US dollars still below 80 US dollars despite Thursday’s slight 1.1 percent bounce. The Nifty Auto is the sectoral benchmark for Friday. The Nifty Auto prediction for tomorrow analysis below maps each factor to its impact on Friday’s likely range and direction.

SBI Q1 FY27 Results: The Nifty Auto prediction for tomorrow Primary Catalyst for Friday

SBI‘s board meets Friday August 7 to approve Q1 FY27 results. The most critical metric for Friday: domestic NIM, which compressed to 2.93 percent in Q4 FY26 below SBI’s own 3 percent guidance. Ankit Jaiswal maps the Nifty Auto prediction for tomorrow outcomes: NIM recovery above 3 percent (55 percent probability) triggers SBI up 3-5 percent and Bank Nifty above 58,400 — the primary positive catalyst across all Nifty Auto prediction for tomorrow setups on Friday. NIM below 2.95 percent (25 percent probability) would reverse Thursday’s partial banking recovery and create the Nifty Auto prediction for tomorrow bear case for banking-linked assets. Credit growth target is 13-15 percent year-on-year (system-wide 18.3 percent provides sector context), GNPA target below 2.3 percent.

Technical Levels for the Nifty Auto prediction for tomorrow

Kunal Singla observes that the Nifty Auto prediction for tomorrow enters Friday with India VIX at 12.06 (intraday low 10.80 Thursday), resetting from the weekly series to the August monthly series. The August monthly PCR for Nifty is approximately 1.05-1.10 with max pain near 24,500-24,600 — confirming a well-supported market floor for the Nifty Auto prediction for tomorrow. The Nifty Auto prediction for tomorrow’s 24,620-24,700 is the primary resistance that SBI Q1 beat results must clear for the bullish case to be sustained through Friday’s full session.

Global Cues and Iran Deal for the Nifty Auto prediction for tomorrow

Brent crude at 79.28 US dollars on Thursday (up 1.1 percent from Wednesday’s 78.44 US dollars) signals no formal Iran-US deal was confirmed despite continued Qatar-Oman-Pakistan shuttle diplomacy. The Strait of Hormuz remains partially shut. For the Nifty Auto prediction for tomorrow, this crude price range of 78-80 US dollars is the structural neutral zone: FMCG and Auto benefit from crude still below 80 US dollars, while ONGC and upstream energy face the same Q2 realization concerns as Thursday. Gold at 4,356 US dollars (7-week high) reflects institutional positioning for Strait reopening — a structural positive for India’s macro balance of payments in this outlook context. The Dow Jones record at 54,349 is the Nifty Auto prediction for tomorrow’s primary global positive; Kospi’s 4.08 percent fall is the primary global risk. Ankit Jaiswal recommends monitoring Nikkei futures overnight: Nikkei staying above -1.5 percent confirms the Nifty Auto prediction for tomorrow Asian backdrop is stable.

Key Factors Shaping the Nifty Auto prediction for tomorrow

• Brent at 79.28 US dollars remains below 80 US dollars, maintaining the tyre and plastic raw material cost improvement from Monday’s 84 US dollar levels. Each 5 US dollar crude decline saves approximately 400-600 rupees per vehicle in input costs in this outlook.
• SBI Q1 FY27 results on Friday create a secondary positive for the Nifty Auto prediction for tomorrow: a strong SBI result improving market confidence would support auto loan EMI affordability narratives, reinforcing sector demand in this outlook.
• An Iran deal overnight pushing Brent to 72-75 US dollars would be the most powerful Nifty Auto prediction for tomorrow catalyst of 2026, as fuel costs for buyers and input costs for manufacturers both fall dramatically.

Stocks to Watch in the Nifty Auto prediction for tomorrow

Univest analysts flag the following stocks for educational observation in this outlook on Friday. These are not buy or sell recommendations.

Maruti Suzuki: CMP Rs 12,520. Ankit Jaiswal flags entry Rs 12,420-12,510, target Rs 12,790, SL Rs 12,230. Maruti is India’s largest PV manufacturer and the primary Nifty Auto prediction for tomorrow expression. This is a watch in this outlook.

Tata Motors: CMP Rs 790. Kunal Singla flags entry Rs 780-788, target Rs 815, SL Rs 764. Tata Motors’ EV mix diversifies crude sensitivity while JLR benefits from lower fuel costs in this outlook. This is a watch in this outlook.

Hindalco: CMP Rs 758. Ankit Jaiswal flags entry Rs 748-755, target Rs 782, SL Rs 735. Hindalco supplies aluminium to auto manufacturers, linking it to the Nifty Auto prediction for tomorrow demand dynamics. This is a watch in this outlook.

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Trading Strategy for the Nifty Auto prediction for tomorrow

1. 24,300-24,360 is the support for the Nifty Auto prediction for tomorrow. Ankit Jaiswal recommends buy-on-dip positions above 24,360.
2. 24,620-24,700 is the first resistance in this outlook. Kunal Singla recommends booking here.
3. Iran deal overnight would extend the Nifty Auto prediction for tomorrow toward 24,850-24,950.
4. Track Maruti Suzuki and M&M opening prices as the Nifty Auto prediction for tomorrow bellwethers.

Risks to the Nifty Auto prediction for tomorrow

• Iran talks collapse (Brent above 85 US dollars) reversing the crude tailwind in this outlook.
• SBI Q1 FY27 miss creating broad market selling that drags the Nifty Auto prediction for tomorrow.
• Steel price increases from infrastructure spending squeezing auto body costs in this outlook.

Conclusion

The Nifty Auto prediction for tomorrow for Friday 7 August 2026 is built on Thursday’s close of 24,450 (-0.17%), a calm expiry session with VIX touching 10.80 intraday, and SBI Q1 FY27 results as the binary domestic catalyst. Ankit Jaiswal of Univest identifies 24,620-24,700 as the primary resistance and 24,300-24,360 as the critical support for the Nifty Auto prediction for tomorrow. NIM recovery above 3 percent is the single most important metric in this outlook for Friday: it confirms SBI’s guidance was achievable and unlocks the banking sector’s bull case across all related Nifty Auto prediction for tomorrow asset classes.

Kunal Singla of Univest notes that the post-expiry Friday session carries structurally lower intraday volatility than Thursday’s expiry day. The Dow Jones at record 54,349 and IT stocks recovering Thursday both support the Nifty Auto prediction for tomorrow’s positive bias. Watch the Kospi overnight: stability above -1 percent confirms the Nifty Auto prediction for tomorrow Asian risk is contained and the SBI result can be traded directionally.

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FAQs on Nifty Auto Prediction For Tomorrow, 7 August 2026

What is the Nifty Auto prediction for tomorrow, Friday 7 August 2026?

Ans. The Nifty Auto prediction for tomorrow is positive. Nifty Auto closed Thursday at 24,450, down 0.17 percent on profit-taking after Wednesday’s +1.13 percent. Brent at 79.28 US dollars maintains the crude cost tailwind. Support is 24,300-24,360 and resistance 24,620-24,700 in this outlook.

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 79.28 US dollars still below 80 US dollars maintains the tyre, plastic and fuel cost improvement from two weeks ago’s 84 US dollar levels. A formal Iran deal pushing Brent to 72-75 would be the strongest Nifty Auto prediction for tomorrow catalyst of 2026.

What is Nifty Auto support and resistance for the prediction for tomorrow?

Ans. Support is 24,300-24,360 and 24,050-24,110. Resistance is 24,620-24,700 and 24,850-24,950 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.