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Nifty Financial Services Ex Bank Prediction for Monday, 12 October 2026 (Including F&O)

  • October 9, 2026
  • Posted by: Kunal Singla
  • Category: Uncategorized
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Nifty Financial Services Ex Bank Prediction for Monday, 12 October 2026 (Including F&O)

Bajaj Finance closed at 960.00, up 0.42%. Nifty 50 rose 1.30%. India VIX fell 5.76% to 14.40. Markets shut Saturday and Sunday, next session Monday.

Quick Answer

The nifty financial services ex bank prediction for monday is steady for Monday, 12 October 2026. Bajaj Finance, the lead stock for the space, rose 0.42 percent to Rs 960.00 on Friday, a smaller gain than banks. Cash markets are closed on Saturday and Sunday, so Friday’s close is the last full reading.

This nifty financial services ex bank prediction for monday follows a Friday, 9 October 2026 session in which Bajaj Finance, the lead stock for the non-bank financial space, rose 0.42 percent to Rs 960.00.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning over the weekend, with the next trading session on Monday, 12 October 2026.

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Table of Contents

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  • What Friday Told Us
  • Nifty Financial Services Ex Bank Prediction for Monday: Key Levels
  • Key Drivers for Monday
  • Stocks and Triggers to Watch in the Nifty Financial Services Ex Bank Space
  • How Friday’s Broader Session Unfolded
  • Analyst View for Monday
  • Why This Is Written for Monday
  • Risks to This Prediction
  • Conclusion
  • Frequently Asked Questions
    • What is the nifty financial services ex bank prediction for monday?
    • Why is this a prediction for Monday and not for Saturday or Sunday?
    • Why did Bajaj Finance rise only modestly on Friday?
    • What are the key levels for the non-bank finance space on Monday?
    • Is this a buy or sell call?

What Friday Told Us

  • Bajaj Finance closed at 960.00, up 0.42 percent on 9 October 2026.
  • The broader Nifty 50 rose 1.30 percent, recovering from Thursday’s sell-off.
  • India VIX fell 5.76 percent to 14.40.

Nifty Financial Services Ex Bank Prediction for Monday: Key Levels

Bajaj Finance traded between 950.70 and 968.00 on Friday, against a previous close of 955.95, and settled at 960.00. On the downside, 955.95 and 950.70 are the first reference levels to watch if the Friday gains are tested. On the upside, 968.00 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.

Trend Support Resistance
Positive 955.95, 950.70 968.00

The sector index level was not available in this data pull, so the table tracks Bajaj Finance as the lead constituent for the Financial Services Ex Bank space.

Key Drivers for Monday

  • Bajaj Finance rose 0.42 percent, with a high of 968.00 and a low of 950.70.
  • The gain was smaller than the 1.36 percent rise in Bank Nifty, so non-bank lenders lagged banks.
  • Credit growth, funding costs and asset-quality updates are the usual triggers.

Ankit Jaiswal and Kunal Singla suggest revisiting this nifty financial services ex bank prediction for monday after the first thirty minutes of Monday’s trade.

Anyone following this nifty financial services ex bank prediction for monday 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 Financial Services Ex Bank Space

Bajaj Finance is the largest listed non-bank lender and a useful gauge for the group. Its modest gain on a strong market day suggests selective rather than broad buying.

In the F&O segment, Univest’s analysts suggest watching India VIX and open-interest changes near the support and resistance levels above before drawing conclusions. A VIX that stays near 14.40 supports range-bound option pricing, while a jump would widen expected ranges.

Univest’s analysts suggest treating this nifty financial services ex bank prediction for monday as a preparation note for Monday, 12 October 2026, rather than a signal that changes over the weekend.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Friday’s Broader Session Unfolded

The Nifty 50 closed at 22,520.45, up 1.30 percent, with a high of 22,580.75 and a low of 22,294.75. The Sensex closed at 72,472.33, up 1.23 percent, and the Bank Nifty closed at 55,256.65, up 1.36 percent. India VIX, the market’s fear gauge, fell 5.76 percent to 14.40, which usually points to calmer expectations for near-term swings. The Friday gains followed a sell-off in the previous session, so part of the move may be a rebound rather than a fresh trend. The trigger for the broad gain was not independently confirmed.

This nifty financial services ex bank prediction for monday will be most useful when read alongside the support and resistance table above.

Analyst View for Monday

Kunal Singla suggests that Bajaj Finance can stay steady above 950.70, with 968 the level that would signal stronger momentum.

Ankit Jaiswal flags that funding costs and credit quality are more important here than broad market direction.

A fair reading of this nifty financial services ex bank prediction for monday is that Friday’s data sets the context, while Monday’s first hour decides how much of it carries forward.

Why This Is Written for Monday

Indian equity markets are closed on Saturday and Sunday, so Friday’s closing prices remain the last cash-market data until trading resumes on Monday, 12 October 2026. Treat this nifty financial services ex bank prediction for monday as a briefing to prepare for that session, not a live call that updates over the weekend.

Track the Nifty Financial Services Ex Bank Space on Univest Screeners

Readers comparing views should note that this nifty financial services ex bank prediction for monday draws only on Friday’s closing numbers and the factors listed here.

Risks to This Prediction

  • A rise in bond yields could raise funding costs for non-bank lenders.
  • A weakening credit-quality signal could hurt the group quickly.
  • A modest gain may not hold if the broader market loses momentum.

As with any nifty financial services ex bank prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.

The nifty financial services ex bank prediction for monday also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

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Conclusion

The nifty financial services ex bank prediction for monday leans steady into 12 October 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 Monday’s opening trade confirms direction.

For traders, this nifty financial services ex bank prediction for monday 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 financial services ex bank prediction for monday?

Ans. It is steady for 12 October 2026, after Bajaj Finance, the lead constituent, closed at 960.00 on Friday, up 0.42 percent.

Why is this a prediction for Monday and not for Saturday or Sunday?

Ans. Because Indian markets are closed on Saturday and Sunday, so the next regular trading session is Monday, 12 October 2026.

Why did Bajaj Finance rise only modestly on Friday?

Ans. Bajaj Finance rose 0.42 percent while Bank Nifty rose 1.36 percent. The reason was not independently confirmed.

What are the key levels for the non-bank finance space on Monday?

Ans. Bajaj Finance’s low of 950.70 and the previous close of 955.95 are support, while Friday’s high of 968.00 is 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.



nifty financial services ex bank
Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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