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Nifty Financial Services Ex Bank Prediction for Tomorrow, 23 October 2026 (Including F&O)

  • October 22, 2026
  • Posted by: Kunal Singla
  • Category: Uncategorized
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Nifty Financial Services Ex Bank Prediction for Tomorrow, 23 October 2026 (Including F&O)

Bajaj Finance closed at 942.10, up 1.74%. Nifty 50 fell 0.54%. India VIX rose 0.96% to 15.83. Next session is tomorrow, Friday 23 October.

Quick Answer

The nifty financial services ex bank prediction for tomorrow is mildly constructive for tomorrow, 23 October 2026. Bajaj Finance, the lead stock for the space, rose 1.74 percent to Rs 942.10 on Thursday and closed at its high of the day, recovering about half of Wednesday’s 3.27 percent fall. The stock opened at 907.45.

This nifty financial services ex bank prediction for tomorrow follows a Thursday, 22 October 2026 session in which Bajaj Finance, the lead stock for the non-bank financial space, rose 1.74 percent to Rs 942.10 and closed at its high of the day, recovering part of Wednesday’s 3.27 percent fall.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning ahead of the session tomorrow, which falls on Friday, 23 October 2026.

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Table of Contents

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  • What Thursday Told Us
  • Nifty Financial Services Ex Bank Prediction for Tomorrow: Key Levels
  • Key Drivers for Tomorrow
  • Stocks and Triggers to Watch in the Nifty Financial Services Ex Bank Space
  • How Thursday’s Broader Session Unfolded
  • Analyst View for Tomorrow
  • Why This Is Written for Tomorrow
  • Risks to This Prediction
  • Conclusion
  • Frequently Asked Questions
    • What is the nifty financial services ex bank prediction for tomorrow?
    • Why is this a prediction for tomorrow, 23 October 2026?
    • Why did Bajaj Finance rise on Thursday?
    • What are the key levels for the non-bank finance space tomorrow?
    • Is this a buy or sell call?

What Thursday Told Us

  • Bajaj Finance closed at 942.10, up 1.74 percent on 22 October 2026.
  • The broader Nifty 50 fell 0.54 percent.
  • India VIX rose 0.96 percent to 15.83.

Nifty Financial Services Ex Bank Prediction for Tomorrow: Key Levels

Bajaj Finance traded between 907.40 and 942.10 on Thursday, against a previous close of 926.00, and settled at 942.10. On the downside, 926.00 and 907.40 are the first reference levels to watch if the day’s move is tested. Thursday’s high of 942.10 equals the closing level, so a fresh high would be needed to extend the move. Univest’s analysts treat these as reference points drawn from Thursday’s trading range, not as targets.

Trend Support Resistance
Positive 926.00, 907.40 Fresh high needed

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 Tomorrow

  • Bajaj Finance rose 1.74 percent, with a high of 942.10 and a low of 907.40.
  • The stock opened near the low of 907 and rose steadily to close at the high.
  • 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 tomorrow after the first thirty minutes of Friday’s trade.

Anyone following this nifty financial services ex bank prediction for tomorrow should keep the next session’s opening range in view before reading too much into early moves.

Nothing in this nifty financial services ex bank prediction for tomorrow is a promise of returns, and every level quoted can fail.

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. Closing at the high after a sharp fall is a firm rebound signal, though the stock is still below last Friday’s close of 982.10.

In the F&O segment, Univest’s analysts suggest watching open-interest changes near the support and resistance levels above before drawing conclusions. India VIX rose 0.96 percent to 15.83 on Thursday, so option swings may stay on the wider side tomorrow.

Univest’s analysts suggest treating this nifty financial services ex bank prediction for tomorrow as a preparation note for Friday, 23 October 2026, rather than a signal that changes overnight.

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

How Thursday’s Broader Session Unfolded

The Nifty 50 closed at 22,687.65, down 0.54 percent, with a high of 22,785.00 and a low of 22,554.85. The Sensex closed at 73,249.39, down 0.62 percent, and the Bank Nifty closed at 54,925.70, down 0.09 percent. India VIX, the market’s fear gauge, rose 0.96 percent to 15.83, which keeps expected swings in the near term on the wider side. The Nifty 50 has now fallen about 2 percent from last Friday’s close of 23,146.15, with Thursday adding to Wednesday’s 0.34 percent decline. Nifty FMCG fell 1.41 percent and Nifty IT fell 1.05 percent, while Nifty Pharma rose 0.12 percent. The trigger for the broad fall was not independently confirmed.

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

Analyst View for Tomorrow

Kunal Singla suggests that Bajaj Finance can hold above 926, the previous close, and a fresh high above 942.10 would extend the rebound.

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

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

Why This Is Written for Tomorrow

This nifty financial services ex bank prediction for tomorrow is written after the close on Thursday, 22 October 2026, using Thursday’s closing data, for the next trading session on Friday, 23 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.

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 tomorrow draws only on Thursday’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.
  • After a rebound, the stock could stall below 957.

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

The nifty financial services ex bank prediction for tomorrow 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 tomorrow leans mildly constructive into 23 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 Friday’s opening trade confirms direction.

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

Ans. It is mildly constructive for 23 October 2026, after Bajaj Finance, the lead constituent, closed at 942.10 on Thursday, up 1.74 percent.

Why is this a prediction for tomorrow, 23 October 2026?

Ans. Because it is written after the close on Thursday, 22 October 2026, for the next regular trading session on Friday, 23 October 2026.

Why did Bajaj Finance rise on Thursday?

Ans. Bajaj Finance rose 1.74 percent while the Nifty 50 fell 0.54 percent. The specific trigger was not independently confirmed.

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

Ans. Bajaj Finance’s low of 907.40 and the previous close of 926.00 are support below the price. Thursday’s high of 942.10 equals the close, so a fresh high would be needed to extend the move.

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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