Nifty Financial Services Ex Bank Prediction for Tomorrow, 12 August 2026: Bajaj Finance at Rs 1,093 Stalls the Recovery as NBFC Sector Faces Crude Cost Concern
- August 11, 2026
- Posted by: Lakshit Sharma
- Category: News
Nifty Financial Services Ex Bank: Approx. 23,350-23,500 (-0.6% est. (Bajaj Fin -0.81% dominant; no banking offset), Tue 11 Aug). Crude Rs 8,024 (+2.83%). Pharma +1.02%. IT +0.61%. VIX rising.
The Nifty Financial Services Ex Bank prediction for tomorrow for Wednesday 12 August 2026 is shaped by Tuesday’s dominant story: MCX Crude Oil surged 2.83% to Rs 8,024, crossing above Rs 8,000 for the first time, as Iran deal talks stalled definitively. Nifty 50 fell 112 points to 24,471.70 (-0.46%) while UltraTech Cement crashed 2.14%, Nifty FMCG dropped 1.17% and Nifty Auto fell 0.55% on crude input cost shock. Nifty IT (+0.61%) and Nifty Pharma (+1.02%) were the only sectoral gainers through defensive rotation. Nifty Financial Services Ex Bank is the benchmark index for this prediction for tomorrow. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the Nifty Financial Services Ex Bank prediction for tomorrow.
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Today’s Market Data for the Nifty Financial Services Ex Bank prediction for tomorrow
| Indicator | Close (Tue 11 Aug, Groww) | Change |
|---|---|---|
| Nifty 50 | 24,471.70 | -112.10 pts (-0.46%) |
| Sensex | 78,154.25 | -388.19 pts (-0.49%) |
| Bank Nifty | 57,446.25 | -240.70 pts (-0.42%); Low: 57,158.70 |
| Nifty IT | 31,823.15 | +0.61%; TCS +0.82%, Infosys +0.65% |
| Nifty Pharma | 26,750.45 | +1.02% ; top sectoral gainer; defensive rotation |
| Nifty FMCG | 48,787.85 | -1.17%; HUL -1.07%, ITC -1.29% |
| Nifty Auto | 29,458.55 | -0.55%; crude above Rs 8,000 headwind |
| Nifty Private Bank | 27,380.35 | -0.56%; Axis Bank -1.40% |
| Nifty PSU Bank | 8,640.25 | +0.01%; essentially flat; SBI -0.47% |
| Nifty Metal | 13,100.80 | -0.95%; Hindustan Zinc -1.43% |
| UltraTech Cement | Rs 11,780 (-2.14%) | Biggest large-cap loser; crude pet coke shock |
| MCX Crude Oil | Rs 8,024/bbl (+2.83%) | Above Rs 8,000 for first time; Iran deal stalled |
| MCX Gold | Rs 1,52,762/10g (+0.60%) | H: Rs 1,54,074; safe-haven demand continues |
| MCX Silver | Rs 2,37,600/kg (-0.05%) | H: Rs 2,43,000 then sharp reversal; volatile |
| MCX Copper | Rs 1,383/kg (+0.44%) | Industrial metals mildly positive |
| MCX Zinc | Rs 394.10/kg (+0.09%) | Near flat; supply deficit intact |
| MCX Natural Gas | Rs 265.10/MMBTU (-0.49%) | Consolidating after Monday’s +3.33% surge |
| India VIX | Est. 12.50-12.80 | Rising as breadth turned broadly negative |
Crude Above Rs 8,000: The Nifty Financial Services Ex Bank prediction for tomorrow Central Context
MCX Crude Oil at Rs 8,024 (+2.83%) on Tuesday is the biggest single commodity development of this week. The crude price has risen from Rs 7,356 on Friday August 7 to Rs 8,024 on Tuesday August 11 ; a 9.1% surge in three trading sessions. Ankit Jaiswal identifies this as the defining macro variable for tomorrow: at Rs 8,024, crude is creating multi-sector simultaneous headwinds across auto, FMCG, cement, chemicals and consumer durables.
Kunal Singla notes that Nifty Pharma gaining 1.02% and Nifty IT gaining 0.61% on Tuesday confirms the market is rotating defensively ; selling crude-sensitive sectors and buying crude-insensitive ones. for tomorrow, this rotation is expected to continue on Wednesday unless a formal Iran deal or OPEC+ announcement reverses crude’s trajectory overnight.
Key Factors for the Nifty Financial Services Ex Bank prediction for tomorrow
- Bajaj Finance’s -0.81% decline to Rs 1,093.30 on Tuesday directly dominates the Nifty Financial Services Ex Bank prediction for tomorrow. Without banking stocks (HDFC, ICICI, SBI, Axis), Bajaj Finance’s weight in this ex-bank variant is at its maximum. for tomorrow, Bajaj Finance below Rs 1,090 Wednesday signals NBFC sector stalling and creates below-floor risk for this index.
- The Nifty Financial Services Ex Bank prediction for tomorrow is completely insulated from Tuesday’s Axis Bank -1.40% decline. Banking stocks are excluded; only NBFC and insurance company performance drives this variant. for tomorrow, the insurance sector’s performance (HDFC Life, SBI Life) alongside Bajaj Finance determines Wednesday’s direction.
- Crude oil at Rs 8,024 has a secondary impact on the Nifty Financial Services Ex Bank prediction for tomorrow through NBFC loan demand: energy cost shock reduces consumer disposable income, which compresses retail NBFC loan disbursement demand. Ankit Jaiswal identifies this as a 2-3 session lagging effect on Bajaj Finance’s monthly disbursement growth in the Nifty Financial Services Ex Bank prediction for tomorrow.
- Muthoot Finance gold loan AUM continues to benefit from MCX Gold at Rs 1,52,762 (+0.60% Tuesday). for tomorrow, Muthoot Finance’s gold loan collateral appreciation partially offsets Bajaj Finance’s consumer NBFC softness, providing a diversification positive within the Nifty Financial Services Ex Bank prediction for tomorrow.
Technical Levels for the Nifty Financial Services Ex Bank prediction for tomorrow
| Level | Zone |
|---|---|
| Key Support | 23,280-23,380 |
| Secondary Support | 23,050-23,150 |
| Immediate Resistance | 23,550-23,650 |
| Key Resistance | 23,850-23,950 |
Stocks to Watch for the Nifty Financial Services Ex Bank prediction for tomorrow
Bajaj Finance: CMP Rs 1,093.30 (-0.81% Tue). Ankit Jaiswal flags entry Rs 1,088-1,095, target Rs 1,125, SL Rs 1,068. Bajaj Finance is the dominant stock for tomorrow. Floor at Rs 1,088-1,095; stop Rs 1,068.
Muthoot Finance: CMP Rs 1,925 est.. Kunal Singla flags entry Rs 1,905-1,920, target Rs 1,965, SL Rs 1,868. Muthoot Finance gold loan AUM benefits from MCX Gold at Rs 1,52,762 in the Nifty Financial Services Ex Bank prediction for tomorrow.
HDFC Bank: CMP Rs 729. Ankit Jaiswal flags entry Rs 724-730, target Rs 748, SL Rs 712. HDFC Bank is tracked as sector benchmark even when excluded from the ex-bank variant in the Nifty Financial Services Ex Bank prediction for tomorrow.
Screen All Stocks Live on Univest for tomorrow
Strategy for the Nifty Financial Services Ex Bank prediction for tomorrow
- Rs 23,280-23,380 is the Nifty Financial Services Ex Bank prediction for tomorrow primary support.
- Bajaj Finance above Rs 1,095 at Wednesday open = Nifty Financial Services Ex Bank prediction for tomorrow recovery signal.
- Rs 23,550-23,650 is the first resistance for tomorrow.
- Track Muthoot Finance equity above Rs 1,920 as the secondary positive for the Nifty Financial Services Ex Bank prediction for tomorrow from MCX Gold.
Risks to the Nifty Financial Services Ex Bank prediction for tomorrow
- Bajaj Finance breaking below Rs 1,068 redominating the Nifty Financial Services Ex Bank prediction for tomorrow downward.
- Insurance sector AUM concerns from VIX rising reducing insurance company valuations in the Nifty Financial Services Ex Bank prediction for tomorrow.
- NBFC credit tightening spreading from Bajaj Finance to broader NBFC sector in the Nifty Financial Services Ex Bank prediction for tomorrow.
Conclusion
The Nifty Financial Services Ex Bank prediction for tomorrow for Wednesday 12 August 2026 is dominated by crude oil at Rs 8,024 ; above Rs 8,000 for the first time. Ankit Jaiswal of Univest identifies 23,280-23,380 as the primary support and 23,550-23,650 as the resistance for the Nifty Financial Services Ex Bank prediction for tomorrow on Wednesday. The defensive sectors (IT and Pharma) provide tomorrow’s positive carry-forwards; crude-sensitive sectors (auto, FMCG, cement) face continued headwinds until energy prices moderate.
Kunal Singla of Univest notes that the Nifty Financial Services Ex Bank prediction for tomorrow for Wednesday has two binary outcomes overnight: Iran deal confirmed = sharp crude reversal and sector rotation back to auto, FMCG, cement; deal stalled = crude sustains above Rs 7,900-8,000 and defensive IT/Pharma rotation continues. Check Brent Crude pre-market Wednesday morning as the first Nifty Financial Services Ex Bank prediction for tomorrow direction signal.
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).
FAQs on Nifty Financial Services Ex Bank Prediction For Tomorrow, 12 August 2026
What is the Nifty Financial Services Ex Bank prediction for tomorrow, 12 August 2026?
Ans. The Nifty Financial Services Ex Bank prediction for tomorrow is cautiously bearish. Bajaj Finance -0.81% (Rs 1,093.30) dominates this banking-excluded variant. Support is 23,280-23,380 and resistance is 23,550-23,650. Bajaj Finance above Rs 1,095 Wednesday is the key recovery signal.
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.
How does crude affect the Nifty Financial Services Ex Bank prediction for tomorrow?
Ans. Crude at Rs 8,024 reduces consumer disposable income through higher energy costs, compressing retail NBFC loan demand with a 2-3 session lag. This is the secondary headwind for Bajaj Finance and the Nifty Financial Services Ex Bank prediction for tomorrow on Wednesday.
What is support and resistance for the Nifty Financial Services Ex Bank prediction for tomorrow?
Ans. Support is 23,280-23,380 and 23,050-23,150. Resistance is 23,550-23,650 and 23,850-23,950 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 (dominant NBFC, floor at Rs 1,088-1,095), Muthoot Finance (MCX Gold AUM beneficiary) and HDFC Bank (sector benchmark reference) are the three stocks in the Nifty Financial Services Ex Bank prediction for tomorrow.