Sensex Prediction for Tomorrow, 23 July 2026: Expiry Day Levels After a Sharp Fall Below 76,750
- July 22, 2026
- Posted by: Ankit Jaiswal
- Category: News
Sensex closed 76,749.60, down 0.93%. Day range 76,641.19 to 77,384.95. Support 76,641, 76,113. Resistance 77,385, 78,973. Tomorrow confirmed as Sensex weekly expiry. Crude above $92.
The sensex prediction for tomorrow, 23 July 2026, points to a high volatility session on the index’s own weekly expiry day, right after a sharp fall driven by an escalating Iran-US conflict. The Sensex closed at 76,749.60, down 0.93 percent, after opening at 77,384.95 and touching an intraday low of 76,641.19, having fallen over 740 points at its worst point today. The Nifty 50 mirrored the move, closing down 0.81 percent at 23,991.25, below the 24,000 mark.
This sensex prediction for tomorrow is based on observations from Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest. Both analysts track Sensex heavyweights, daily technicals, institutional flows, and global cues to build this sensex prediction for tomorrow.
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Confirmed: Tomorrow Is the Sensex Weekly Expiry
This sensex prediction for tomorrow confirms that 23 July 2026 is Sensex’s weekly options expiry day on the BSE. Ankit Jaiswal notes that expiry sessions typically bring heavier volume and sharper intraday swings, and with crude oil driven volatility already elevated from today’s Iran-US escalation, tomorrow’s expiry could see wider than usual price bands into the settlement window.
Today’s Market Recap Before the Sensex Prediction for Tomorrow
Any accurate sensex prediction for tomorrow starts with what happened today:
- Sensex falls sharply on Iran-US escalation: The index dropped over 740 points intraday before closing down 0.93 percent at 76,749.60, after Iran struck US radar and air defence installations in the Gulf and Brent crude jumped past 92 dollars a barrel.
- Banking sells off broadly: Both PSU and private banks fell sharply today, with even ICICI Bank, the sector’s steadiest recent performer, closing lower for a second straight session, a pattern central to the sensex prediction for tomorrow.
- FMCG defies the selloff: Nestle India surged 3.31 percent and other FMCG names held firm, the clearest bright spot in an otherwise difficult session.
Sensex Prediction for Tomorrow: Trend and Key Levels
Trend: Weak, expiry day volatility ahead. Support levels: 76,641, 76,113. Resistance levels: 77,385, 78,973.
| Level Type | Level | Why It Matters in the Sensex Prediction for Tomorrow |
|---|---|---|
| Immediate Support | 76,641 | Today’s intraday low, the first cushion for a pullback |
| Support 2 | 76,113 | 50 day moving average and SuperTrend level; the broader floor |
| Immediate Resistance | 77,385 | Today’s opening level, now acting as resistance |
| Major Resistance | 78,973 | 200 day EMA; the level needed for a full trend reversal higher |
The sensex prediction for tomorrow stays cautious after today’s sharp fall. The index closed just above its 50 day moving average of 76,113 and SuperTrend support of 76,085, with the daily RSI falling to 44.4 and the MACD histogram widening further to minus 82.3. Ankit Jaiswal notes that a decisive close below 76,641 tomorrow, especially amid expiry day volatility, would open a deeper test of the 50 day average, while reclaiming 77,385 would ease today’s damage.
Global Cues Shaping the Sensex Prediction for Tomorrow
- Iran strikes US installations in the Gulf: Today’s attack on US radar and air defence sites is a notable escalation that reversed truce hopes, and the dominant risk factor in the sensex prediction for tomorrow.
- A new generic drug tariff shock: The 100 percent US tariff on generic drug imports effective 2028 is a significant risk to India’s pharma exporters within the Sensex.
- India VIX rises further: India VIX climbed 5.63 percent to 13.31, its highest level in over a week, confirming genuine fear has returned to the market.
Key Triggers for the Sensex Prediction for Tomorrow
- Expiry day settlement dynamics: Heavy options positioning into tomorrow’s Sensex expiry will likely be the single biggest intraday volatility driver of the week for the sensex prediction for tomorrow.
- Further Iran-US developments: Any escalation or de-escalation overnight will likely matter more than technical levels for the sensex prediction for tomorrow’s opening.
- Q1 FY27 earnings season continues: With results still flowing in, management commentary from index heavyweights will be a secondary swing factor for the sensex prediction for tomorrow.
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Top Sensex Stocks to Watch Tomorrow
These three Sensex heavyweights showed resilience through today’s volatile session. These are observational setups for research, not buy recommendations, and expiry day volatility can widen intraday swings.
| Stock | CMP (Rs) | Entry Zone (Rs) | Target (Rs) | Stop Loss (Rs) |
|---|---|---|---|---|
| Nestle India | 1,500.00 | 1,480 – 1,502 | 1,535 / 1,565 | 1,450 |
| ITC | 280.80 | 277 – 282 | 288 / 295 | 271 |
| ICICI Bank | 1,439.70 | 1,420 – 1,442 | 1,470 / 1,495 | 1,395 |
Nestle India: The Session’s Standout Performer
Nestle India surged 3.31 percent today to close at Rs 1,500.00, comfortably the market’s best performer as investors rotated into defensives. Ankit Jaiswal notes the move came on strong volume, keeping it the standout name in the sensex prediction for tomorrow. Targets sit at Rs 1,535 and Rs 1,565, with a stop loss at Rs 1,450.
ITC: Quietly Resilient Through the Selloff
ITC closed nearly flat today at Rs 280.80, holding up far better than the broader market despite a weak RSI of 35.5. Kunal Singla notes the MACD histogram has turned marginally positive, suggesting early stabilisation, making ITC a name to watch for a value bounce in the sensex prediction for tomorrow. Targets are Rs 288 and Rs 295, with a stop loss at Rs 271.
ICICI Bank: A Value Entry After Two Days of Profit Booking
ICICI Bank fell 1.60 percent today to close at Rs 1,439.70, its second straight losing session after a four day winning streak. Ankit Jaiswal notes this pullback has cooled the stock’s previously overbought RSI, potentially offering a more attractive entry point in the sensex prediction for tomorrow. Targets are Rs 1,470 and Rs 1,495, with a stop loss at Rs 1,395.
Sensex Trading Strategy for Tomorrow
- Respect the expiry day risk: With Sensex’s own weekly expiry tomorrow layered on top of Iran-US driven volatility, the sensex prediction for tomorrow favours smaller position sizes than usual.
- Lean toward defensives: Nestle India and ITC held up best today and are worth prioritising while volatility stays elevated.
- Watch for a banking bounce carefully: ICICI Bank’s pullback looks like a healthier entry, but confirm stabilisation before sizing up.
- Keep stop losses disciplined: With Brent above 92 dollars a barrel, every sensex prediction based trade for tomorrow should carry a defined stop loss.
What Market Sentiment Indicates for the Sensex Prediction for Tomorrow
Sentiment deteriorated further today, and Ankit Jaiswal notes that India VIX climbing to its highest level in over a week confirms genuine fear has returned. Kunal Singla flags that tomorrow’s Sensex expiry, layered on an already volatile week, adds a genuinely unusual layer of event risk to the sensex prediction for tomorrow that traders should not underestimate, even as FMCG’s resilience offers a useful hedge within portfolios.
Risks to the Sensex Prediction for Tomorrow
- Further Iran-US escalation: Additional strikes or retaliation could push crude oil well beyond 92 dollars a barrel.
- Expiry day whipsaws: Heavy options unwinding into tomorrow’s settlement window can cause sharp last-hour reversals that differ from the day’s earlier trend.
- A break of the 50 day moving average: Losing 76,113 would be the clearest technical confirmation of deeper weakness in the sensex prediction for tomorrow.
- Pharma tariff details worsening: Further clarity that widens the tariff’s scope could deepen the pharma selloff within the index.
Conclusion
The sensex prediction for tomorrow, 23 July 2026, favours a cautious, expiry driven session between 76,641 support and 77,385 resistance, after today’s sharp fall on Iran’s strike on US Gulf installations and a fresh generic drug tariff shock. Ankit Jaiswal expects Nestle India and ITC to anchor relative strength, while Kunal Singla flags the Sensex expiry and continued Iran-US developments as reasons to trade lighter than usual. Nestle India, ITC, and ICICI Bank are the Sensex constituents best placed to lead. Trade the range, respect stop losses, and stay alert through the expiry session.
Download the Univest iOS App or Univest Android App to track live Sensex levels and get the sensex prediction for tomorrow from SEBI registered research 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 Sensex Prediction for Tomorrow
What is the Sensex prediction for tomorrow, 23 July 2026?
Ans. The sensex prediction for tomorrow points to a high volatility session on the index’s own weekly expiry day. Sensex closed today at 76,749.60, down 0.93 percent, and this sensex prediction for tomorrow sees support at 76,641 and resistance at 77,385, with Brent crude above 92 dollars a barrel after Iran struck US installations in the Gulf.
Is tomorrow, 23 July 2026, a Sensex expiry day?
Ans. Yes. This sensex prediction for tomorrow confirms that tomorrow, 23 July 2026, is Sensex’s weekly options expiry day. Combined with today’s sharp fall on rising crude oil prices, the sensex prediction for tomorrow expects wider than usual intraday swings into the settlement window.
Why did Sensex fall today, and what does it mean for the sensex prediction for tomorrow?
Ans. Sensex fell today after Iran struck US radar and air defence installations in the Gulf, sending Brent crude past 92 dollars a barrel, and after the US announced a 100 percent tariff on generic drug imports effective 2028. Both developments dominate the sensex prediction for tomorrow, especially with expiry adding to the volatility.
What are the key support and resistance levels in the Sensex prediction for tomorrow?
Ans. The sensex prediction for tomorrow places support at 76,641, today’s intraday low, then 76,113, the 50 day moving average. Resistance sits at 77,385, today’s opening level, followed by the 200 day EMA near 78,973, the bigger target once cleared.
Which analysts have shared this Sensex prediction for tomorrow?
Ans. This sensex prediction for tomorrow is based on observations from Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, who track Sensex heavyweights, institutional flows, and global cues daily.
Which stocks support the Sensex prediction for tomorrow?
Ans. Nestle India, ITC, and ICICI Bank are the Sensex heavyweights best placed to support the sensex prediction for tomorrow. Nestle India surged over 3 percent as today’s defensive leader, ITC held up better than the broader market, and ICICI Bank offers a value entry after two days of profit booking.
