Nifty Financial Services Ex-Bank Prediction for Tomorrow, Thursday 9 July 2026: Index Slips 2.54 Percent to 31,414.70 Amid Broad Based Market Selloff
- July 8, 2026
- Posted by: Kunal Singla
- Category: News
Nifty Financial Services Ex-Bank prediction for tomorrow, Thursday 9 July 2026: close 31,414.70, -2.54%. Day range 31,248.90 to 32,115.10. Support 31,250. Resistance 32,120.
The nifty financial services ex bank prediction for tomorrow, Thursday 9 July 2026, is cautious after the Nifty Financial Services Ex-Bank index closed at 31,414.70 today, Wednesday 8 July 2026, down 818.05 points or 2.54 percent, within a day range of 31,248.90 to 32,115.10. Today’s boundaries and constituent moves frame the nifty financial services ex bank prediction for tomorrow.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have shared their nifty financial services ex bank prediction for tomorrow for Thursday 9 July 2026 using today’s closing data and global cues.
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Today’s Session Recap Behind the Nifty Financial Services Ex-Bank Prediction for Tomorrow
- Sector session: The index opened at 31,945.00, touched a high of 32,115.10 and a low of 31,248.90, and closed at 31,414.70 against a previous close of 32,232.75. Among constituents, Bajaj Finance, Bajaj Finserv, insurers and capital market names drive this basket, which fell sharply today as rate sensitive NBFCs and insurers were caught in the broad based risk off move.
- In the broader market, the Nifty 50 closed at 23,882.05, down 2.12 percent, the Sensex fell 2.15 percent to 76,503.60, and the Bank Nifty dropped 2.51 percent to 56,742.60 as a spike in crude oil prices on Strait of Hormuz tensions and overnight weakness in US technology stocks triggered a broad based selloff. HDFC Bank fell 2.29 percent and ICICI Bank dropped 2.41 percent, while Reliance Industries declined 2.48 percent even as crude oil itself rallied sharply. India VIX surged 24.81 percent to 14.54, and FIIs bought Rs 1,355.33 crore in Friday’s cash session against DII selling of Rs 1,953.89 crore; more recent figures are awaited.
Key Levels in the Nifty Financial Services Ex-Bank Prediction for Tomorrow
Trend: Cautious, watch for stabilisation. Support levels: 31,250 and 31,000. Resistance levels: 32,120 and 32,350.
For the nifty financial services ex bank prediction for tomorrow, today’s low makes 31,250 the first support, with 31,000 below it. Resistance sits at 32,120, near today’s high, and then 32,350. The 52 week range of 26,788.05 to 32,654.20 provides the wider context. A close back above 32,120 is needed to neutralise todays weakness.
Key Drivers Shaping the Nifty Financial Services Ex-Bank Prediction for Tomorrow
- Excludes banks but still hit hard: Despite excluding banks by design, the ex-bank index fell 2.54 percent today, showing NBFCs and insurers were not spared from the sector wide selloff.
- Rate sensitivity amplified: Higher crude oil raises inflation concerns, which can delay rate cuts and pressure NBFC borrowing costs and insurer bond valuations.
- Gave back proximity to 52 week high: The index had been trading close to its 52 week high of 32,654.20 before today’s sharp reversal.
Index Data and Derivatives Snapshot
The snapshot below captures today’s index data for the sector:
| Metric | Value |
|---|---|
| Close | 31,414.70 |
| Change | -818.05 points (-2.54%) |
| Open | 31,945.00 |
| Day High | 32,115.10 |
| Day Low | 31,248.90 |
| Previous Close | 32,232.75 |
| 52 Week High | 32,654.20 |
| 52 Week Low | 26,788.05 |
Derivatives view: The ex-bank index has no derivatives contract; Bajaj Finance and Bajaj Finserv stock futures are the practical F&O proxies for positioning in this basket.
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Trading Strategy for Tomorrow
- Wait for stabilisation above 32,120: Fresh longs are better timed after the index reclaims 32,120 or defends 31,250 convincingly.
- Track the leaders: Constituent heavyweights drive this basket; follow their stock futures flows for intraday confirmation.
- Respect the invalidation: A close below 31,000 would deepen the corrective phase tomorrow.
- Mind the fresh short positioning: Nifty and Bank Nifty futures both showed sharp fresh short buildup today; whether this extends or unwinds tomorrow will be a key signal.
What Does Sentiment Indicate for the Nifty Financial Services Ex-Bank Prediction for Tomorrow?
Sentiment in the nifty financial services ex bank prediction for tomorrow reflects today’s relative performance. Ankit Jaiswal notes that the sector underperformed on a day when the broader market itself closed lower, and such relative weakness usually needs a specific trigger to reverse.
Kunal Singla observes that with India VIX at 11.65, a fresh multi month low, and FIIs net buyers in Friday’s cash session, the market backdrop limits downside contagion, so stabilisation above 31,250 could attract rotation buyers in the nifty financial services ex bank prediction for tomorrow.
Risks to the Nifty Financial Services Ex-Bank Prediction for Tomorrow
- US session tonight: Wall Street’s first full trading week after last week’s holiday, concluding tonight, can reset the opening tone for all sectors tomorrow.
- Elevated volatility persisting: With India VIX up nearly 25 percent today, expect continued sharp swings until the market finds a clearer direction.
- Constituent concentration: A reversal in the basket’s heaviest stocks can swing the index beyond the stated levels.
- Earnings season repricing: Q1 FY27 results starting this week can reset sector expectations quickly.
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Conclusion: Nifty Financial Services Ex-Bank Prediction for Tomorrow
The nifty financial services ex bank prediction for tomorrow, Thursday 9 July 2026, from Univest analysts Ankit Jaiswal and Kunal Singla is cautious with a stabilisation first approach. The index closed at 31,414.70 (-2.54 percent) and is expected to trade between 31,250 and 32,350, with 31,000 as the invalidation level below which weakness deepens. Constituent stock futures flows and tomorrow’s fresh weekly cycle are the factors to track. Check back after tomorrow’s close for the next nifty financial services ex bank prediction update from Univest analysts.
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 the Nifty Financial Services Ex-Bank Prediction for Tomorrow
What is the nifty financial services ex bank prediction for tomorrow, Thursday 9 July 2026?
Ans. The nifty financial services ex bank prediction for tomorrow, Thursday 9 July 2026, is cautious. The index closed at 31,414.70 today, down 2.54 percent, and is expected to trade in a 31,250 to 32,350 range with support at 31,250 and 31,000 and resistance at 32,120 and 32,350.
What are the key levels in the nifty financial services ex bank prediction for tomorrow?
Ans. For the nifty financial services ex bank prediction for tomorrow, immediate support is at 31,250, near today’s low of 31,248.90, followed by 31,000. Resistance sits at 32,120, near today’s high of 32,115.10, and then 32,350.
Which stocks drive the nifty financial services ex bank prediction for tomorrow?
Ans. Constituent moves shape the nifty financial services ex bank prediction for tomorrow. Today, Bajaj Finance, Bajaj Finserv, insurers and capital market names drive this basket, which fell sharply today as rate sensitive NBFCs and insurers were caught in the broad based risk off move.
Does the index have futures and options for the nifty financial services ex bank prediction for tomorrow?
Ans. The ex-bank index has no derivatives contract; Bajaj Finance and Bajaj Finserv stock futures are the practical F&O proxies for positioning in this basket.
What caused today’s selloff in the nifty financial services ex bank prediction for tomorrow?
Ans. Today’s selloff was driven by global macro triggers, a crude oil spike and US technology weakness, rather than Nifty expiry mechanics. Tomorrow’s session will show whether fresh short positioning in index futures, up sharply today, continues or reverses for the nifty financial services ex bank prediction for tomorrow.
Is the nifty financial services ex bank prediction for tomorrow investment advice?
Ans. No. The nifty financial services ex bank prediction for tomorrow is educational content only. All levels are analyst observations, not recommendations. Univest is a SEBI registered research analyst (INH000013776) and readers should consult a SEBI registered advisor before acting on any view.
