Nifty Financial Services Ex Bank Prediction for Tomorrow, Tuesday 4 August 2026: Index at 24,185 Led by NBFCs and Insurance as Rate-Hold Supports Non-Bank Financials
- August 3, 2026
- Posted by: Ankit Jaiswal
- Category: News
Nifty Financial Services Ex Bank Monday: 24,185 (+0.72%). Day range: 24,000-24,260. Support 23,950-24,000. Resistance 24,400-24,500. Nifty 50: 24,611 (+0.94%).
The Nifty Financial Services Ex Bank prediction for tomorrow for Tuesday 4 August 2026 is shaped by a historic macro event on Monday: US President Trump confirmed Iran-US peace negotiations, sending Brent crude crashing over 6 percent to $82 and lifting Nifty 50 by 228 points or 0.94 percent to 24,611.50, its first close above 24,600 in six weeks. Nifty Financial Services Ex Bank gained 0.72 percent Monday. This index excludes all banks, covering only NBFCs, insurance companies, housing finance, stock exchanges, and asset management companies. The Nifty Financial Services Ex Bank prediction for tomorrow is driven by Bajaj Finance’s momentum, life insurance companies benefiting from equity market gains boosting their equity AUM, and capital market companies seeing volumes surge on Monday’s broad market rally. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the full Nifty Financial Services Ex Bank prediction for tomorrow covering technical levels, key triggers and three stocks to watch.
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Monday Session Data Behind the Nifty Financial Services Ex Bank Prediction For Tomorrow
| Indicator | Monday | Change |
|---|---|---|
| Nifty Financial Services Ex Bank | 24,185 | +0.72% |
| Day Range | 24,000-24,260 | Session high/low |
| Nifty 50 | 24,611.50 | +228 pts (+0.94%) |
| Bank Nifty | 57,507.80 | +531 pts (+0.93%) |
| India VIX | 11.55 | -4.9% (multi-month low) |
| FII Cash (provisional) | +Rs 918 Cr | Net Buyers |
Technical Levels for the Nifty Financial Services Ex Bank Prediction For Tomorrow
| Level | Zone |
|---|---|
| Immediate Support | 23,950-24,000 |
| Support 2 | 23,700-23,750 |
| Strong Support | 23,400-23,500 (50 DMA) |
| Immediate Resistance | 24,400-24,500 |
| Key Resistance | 24,700-24,800 |
Ankit Jaiswal notes that the Nifty Financial Services Ex Bank prediction for tomorrow rests on the immediate support at 23,950-24,000 holding during Tuesday’s session. Monday’s close near the session high for most assets confirms buyers were in control into the 3:30 PM bell, a strong quality signal for the Nifty Financial Services Ex Bank prediction for tomorrow. Kunal Singla adds that India VIX at 11.55, its lowest in several months, reduces the probability of a large gap-down reversal, providing a constructive technical environment for the Nifty Financial Services Ex Bank prediction for tomorrow.
Key Factors for the Nifty Financial Services Ex Bank Prediction For Tomorrow
- Bajaj Finance’s 1.8 percent gain on Monday on strong credit growth and NIM stability is the largest constituent move in the Nifty Financial Services Ex Bank prediction for tomorrow.
- Life insurance companies like HDFC Life and SBI Life benefit when equity markets rise as their equity AUM increases, which is directly positive for the Nifty Financial Services Ex Bank prediction for tomorrow.
- RBI rate hold at 5.25 percent is more positive for non-bank financials than banks, as NBFCs and housing finance companies benefit from borrowing cost stability without NIM pressure from deposit competition in the Nifty Financial Services Ex Bank prediction for tomorrow.
Stocks to Watch in the Nifty Financial Services Ex Bank Prediction For Tomorrow
Univest analysts have flagged three stocks for educational observation in the Nifty Financial Services Ex Bank prediction for tomorrow. These are not buy recommendations.
1. Bajaj Finance: Trading near Rs 934 on Monday. Ankit Jaiswal flags entry zone Rs 924-932, target Rs 965, stop loss Rs 912. Bajaj Finance is the single largest constituent of Nifty Financial Services Ex Bank. Its credit AUM growth is the primary driver of the Nifty Financial Services Ex Bank prediction for tomorrow.
2. Muthoot Finance: Trading near Rs 1,862 on Monday. Kunal Singla flags entry zone Rs 1,848-1,858, target Rs 1,912, stop loss Rs 1,825. Muthoot Finance’s gold loan growth benefits from stable gold prices and rising consumer credit demand in the Nifty Financial Services Ex Bank prediction for tomorrow.
3. HDFC Bank: Trading near Rs 1,866 on Monday. Ankit Jaiswal flags entry zone Rs 1,854-1,864, target Rs 1,910, stop loss Rs 1,835. Though HDFC Bank is a bank, it is mentioned here as the benchmark reference stock for private banking sector direction that informs the non-bank financial sentiment in the Nifty Financial Services Ex Bank prediction for tomorrow.
Use the Univest Screener to Find Strong Stocks for Tomorrow’s Session
Nifty Financial Services Ex Bank Prediction For Tomorrow: Trading Strategy
- 23,950-24,000 is the primary support for the Nifty Financial Services Ex Bank prediction for tomorrow.
- 24,400-24,500 is the immediate resistance. Ankit Jaiswal recommends booking at this level for the Nifty Financial Services Ex Bank prediction for tomorrow.
- Track Bajaj Finance open price Tuesday as the primary directional signal for the Nifty Financial Services Ex Bank prediction for tomorrow.
- Watch RBI MPC rate decision Wednesday morning for any impact on NBFC borrowing costs that would revise the Nifty Financial Services Ex Bank prediction for tomorrow.
Risks to the Nifty Financial Services Ex Bank Prediction For Tomorrow
- Bajaj Finance disappointing results or guidance would disproportionately impact the Nifty Financial Services Ex Bank prediction for tomorrow.
- Equity market weakness Tuesday would reduce insurance AUM and weigh on life insurance constituent stocks in the Nifty Financial Services Ex Bank prediction for tomorrow.
- RBI hawkish tone lifting NBFC borrowing costs Wednesday could retroactively affect the Nifty Financial Services Ex Bank prediction for tomorrow.
Conclusion
The Nifty Financial Services Ex Bank prediction for tomorrow for Tuesday 4 August 2026 shows +0.72% to 24,185 on Monday, with India VIX at a multi-month low of 11.55 and FII returning to net buying at Rs 918 crore. Ankit Jaiswal of Univest identifies 24,400-24,500 as the key resistance for the Nifty Financial Services Ex Bank prediction for tomorrow while Kunal Singla considers 23,950-24,000 the most important support to watch Tuesday. Check GIFT Nifty at 9 AM IST, monitor Iran diplomatic updates overnight, and track Bharti Airtel and ONGC Q1 FY27 results in the first hour as the three most critical real-time inputs for the Nifty Financial Services Ex Bank 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 NSE (nseindia.com), BSE (bseindia.com) and MCX (mcxindia.com) before investing. Investments are subject to market risk. Educational content only, not investment advice by Univest (SEBI RA INH000013776).
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FAQs on Nifty Financial Services Ex Bank Prediction For Tomorrow
What is the Nifty Financial Services Ex Bank prediction for tomorrow, Tuesday 4 August 2026?
Ans. The Nifty Financial Services Ex Bank prediction for tomorrow is bullish. The index closed Monday at 24,185, up 0.72 percent, led by NBFC and insurance gains. Support is 23,950-24,000 and resistance 24,400-24,500 in the Nifty Financial Services Ex Bank prediction for tomorrow.
Which analysts prepared the Nifty Financial Services Ex Bank prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty Financial Services Ex Bank prediction for tomorrow.
What is unique about the Nifty Financial Services Ex Bank prediction for tomorrow?
Ans. This index excludes all banks, covering only NBFCs, insurance, capital markets and housing finance. The Nifty Financial Services Ex Bank prediction for tomorrow is therefore more sensitive to NBFC credit growth, equity AUM changes in insurance, and capital market volumes.
What is support and resistance for the Nifty Financial Services Ex Bank prediction for tomorrow?
Ans. Support is 23,950-24,000 and 23,700-23,750. The 50 DMA at 23,400-23,500 is the medium-term floor. Resistance is 24,400-24,500 and 24,700-24,800 in the Nifty Financial Services Ex Bank prediction for tomorrow.
What stocks are watched in the Nifty Financial Services Ex Bank prediction for tomorrow?
Ans. Bajaj Finance (largest NBFC constituent), Muthoot Finance (gold loan growth) and HDFC Bank (benchmark banking reference) are the three stocks in the Nifty Financial Services Ex Bank prediction for tomorrow.
