Stock Market Prediction for Next Week 8-12 June 2026: Nifty, Bank Nifty and Key Levels
- June 5, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Stock market prediction next week 8-12 Jun: Nifty 23,366.70 (Fri), Bank Nifty 54,496.25, VIX 15.75. RBI held 5.25%. F&O expiry 12 Jun. Support 23,200, resistance 23,900.
The stock market prediction for next week 8 to 12 June 2026 is cautiously bullish after Nifty 50 closed the week at 23,366.70 on Friday 5 June and the RBI Monetary Policy Committee held the repo rate at 5.25% with a dovish neutral stance, triggering Bank Nifty to surge to a weekly high of 54,865.50. India VIX fell sharply intraday to 13.46 — the lowest in several weeks — before settling at 15.75 on Friday close. This combination of RBI policy clarity, sharply declining fear gauge, and moderating FII selling sets a constructive backdrop for the stock market prediction for next week. The key event for next week is the US CPI data on Wednesday 10 June, which will determine global risk appetite and directly influence FII flows into Indian equities.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, provide a complete weekly outlook including key levels, F&O data, sector views and event calendar for the share market prediction for next week 8-12 June 2026.
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Week Gone By: 2-5 June 2026 Market Recap
- Nifty 50 weekly performance: Opened at 23,282.45 on Monday, ranged 23,247.30 to 23,516.35, closed Friday at 23,366.70. Net weekly change: modest decline reflecting global caution and FII selling pressure throughout the week.
- RBI MPC decision (5 June): Repo rate held at 5.25% with neutral stance and dovish undertones. Bank Nifty surged to a weekly high of 54,865.50 before closing at 54,496.25. SBI touched Rs 992.60 intraday — the highest level in several sessions — before cooling.
- India VIX: Fell sharply intraday to 13.46 on 5 June — the lowest reading in several weeks — before settling at 15.75. A VIX near 15.75 on a Friday close is a constructive signal for the coming week.
- FII/DII flow: FII net sold Rs -4,475.76 Cr on 4 June and Rs -5,616.56 Cr on 3 June. DII absorbed selling with net Rs +3,986.44 Cr and Rs +5,740.89 Cr respectively. FII selling moderated from May peak levels of Rs 21,000 Cr — a key positive trend for next week.
- Wipro post-buyback: Fell from Rs 204.32 to Rs 198.37 after buyback record date on 5 June, as expected. Low of Rs 188.15 represents 7.9% post-record decline. Settled near Rs 198, creating an opportunity entry for next week.
- REC two-day rally: Rose from Rs 325.65 to Rs 343.90 over Thursday-Friday, a total gain of 5.6% in two sessions — among the strongest performers of the week.
Stock Market Prediction for Next Week: Nifty 50 Technical Levels
| Level Type | Value | Significance |
|---|---|---|
| Friday Close (5 June) | 23,366.70 | Base for next week |
| Weekly High (this week) | 23,516.35 | Near-term resistance reference |
| Weekly RSI | 41.20 | Neutral-weak zone; below 50 |
| Support 1 | 23,400 | 20-DMA; value area support |
| Support 2 | 23,200 | Critical; breakdown = fresh selling |
| Support 3 | 23,050 | May correction low support |
| Resistance 1 | 23,700 | 50-DMA; weekly high area |
| Resistance 2 | 23,900 | 20-week EMA; key weekly ceiling |
| Resistance 3 | 24,100 | Bull case target if sustained breakout |
| India VIX | 15.75 | Declining; constructive for next week |
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Ankit Jaiswal observes that the stock market prediction for next week is shaped by two competing forces: the positive RBI policy outcome that supports banking stocks, and the Nifty’s continued position below its 20-week and 50-week EMAs that keeps the broader trend cautious. He notes that for the market prediction for next week to turn decisively bullish, the Nifty needs to close above 23,700 on a daily basis with volume confirmation — something that has not yet happened since the May correction began.
Kunal Singla notes that VIX touching 13.46 intraday on Friday is the most significant technical development of the week for the next week stock market prediction. He observes that when VIX touches multi-week lows, the following week tends to see either a sharp directional move or sustained low-volatility consolidation — both of which are manageable trading environments. He advises traders to use the 23,400 support and 23,700 resistance as the first pivot reference for the stock market prediction for next week.
Global Cues for Week of 8 to 12 June 2026
- US Non-Farm Payrolls (tonight, 5 June): May NFP data due after Indian market close. A strong jobs number would reduce Fed rate cut expectations and pressure global equities on Monday morning. A weak jobs number would be positive for global risk appetite heading into next week.
- US CPI (Wednesday, 10 June): May inflation data is the most important global macro event of next week. A cooler-than-expected CPI would boost rate cut odds and provide a mid-week global equity tailwind.
- Fed policy timeline: No Fed meeting next week. Market pricing next Fed cut in September 2026. USD/INR near 96 — rupee stability supports FII flows.
- Iran-US geopolitics: Preliminary peace deal negotiations are ongoing, keeping crude oil elevated but capped. MCX crude near Rs 8,300-8,400 — any deal news would sharply reduce crude and benefit OMCs and aviation names next week.
- Weekly F&O expiry (12 June): Thursday expiry adds intraday volatility mid-week. Option writers positioned at Nifty 24,000 Call and 23,000-23,200 Put for weekly expiry.
Sector Outlook for Stock Market Prediction Next Week
- Banking (Most Positive): RBI dovish hold is the direct catalyst. Bank Nifty hit 54,865.50 on Friday. SBI at Rs 977.70 (high 992.60), ICICI Bank at Rs 1,262.10, Axis Bank at Rs 1,272.30. For the stock market next week, banking is the leadership sector. Watch Bank Nifty 55,000 as the key breakout level.
- Power NBFCs (Bullish): REC gained 5.6% in two sessions to Rs 343.90. PFC likely to follow. Power financing companies benefit directly from RBI rate stability reducing their cost of funds. Key names for next week market prediction.
- IT (Cautiously Bearish): Nifty IT fell to 13.46 zone. Tech Mahindra at Rs 1,483.50 (had surged 3.8% on 5 June before cooling). Wipro post-buyback at Rs 198.37 may stabilise near Rs 195-200. IT sector remains range-bound for stock market next week.
- Consumer/FMCG: Defensive demand could return if broader market volatility increases around US CPI on Wednesday. HUL, ITC and Hindustan Copper are secondary sector watches for the stock market prediction for next week.
- Quick Commerce/Consumption: Eternal at Rs 256.50 continues its momentum run. Bajaj Auto at Rs 10,342 — auto sector export data for May due next week could be a positive catalyst for stock market next week.
Stock Market Strategy for Next Week 8-12 June 2026
- Monday open watch: US NFP data released tonight (5 June) will determine Monday’s opening gap. Above 23,400 at open = bullish bias confirmed for the week. Below 23,300 = reduce longs and wait for stabilisation for the stock market next week.
- Wednesday CPI trade: US CPI on 10 June is the mid-week catalyst. Position for volatility around 9 PM IST when US CPI releases. Keep overnight positions light before Wednesday.
- Thursday expiry: F&O weekly expiry on 10 June will see maximum OI pinning near 23,500-23,700. Expect sharp directional move if Nifty crosses either 23,900 or 23,200.
- Banking-led recovery strategy: Use SBI, ICICI Bank and REC as the primary instruments for the bullish stock market prediction for next week thesis. Stop at Nifty 23,200 invalidates the week’s bullish outlook.
What Is Stock Market Prediction for Next Week?
A stock market prediction for next week is a forward-looking analysis that combines technical levels, derivatives data, FII/DII flows, and macro events to estimate the likely direction and range of equity markets in the coming five trading sessions. The share market prediction for next week is most useful when framed around specific support and resistance levels rather than directional guesses. For the week of 8-12 June 2026, the stock market prediction next week is shaped by four key inputs: the post-RBI market sentiment after the dovish 5.25% hold, India VIX at a multi-week low of 15.75, the US CPI event on Wednesday 10 June, and the weekly F&O expiry on Thursday 11 June. Ankit Jaiswal notes that a well-formed market prediction for next week always includes a clear invalidation level — in this case, a Nifty close below 23,200 would invalidate the cautiously bullish stock market prediction for next week and signal a return to the May correction trend.
Conclusion: Stock Market Prediction for Next Week 8-12 June 2026
The stock market prediction for next week 8-12 June 2026 is cautiously bullish with a sideways-to-positive bias. Nifty closed at 23,366.70 on Friday with VIX at 15.75 — a constructive combination for the share market prediction for next week. The RBI’s dovish 5.25% hold provides fundamental support for banking stocks and rate-sensitive sectors. The US CPI on Wednesday 10 June and the weekly F&O expiry on Thursday 11 June are the two pivotal events for the stock market next week. Ankit Jaiswal maintains 23,200 as the must-hold support and 23,900 as the bull case target. Kunal Singla advises a banking-sector-led approach to next week’s stock market prediction, with position sizing calibrated to the US NFP reaction on Monday’s open. Data used in this article is sourced from NSE, BSE and other public financial platforms — verify from official NSE/BSE sources before making any decision.
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Frequently Asked Questions
What is the stock market prediction for next week 8-12 June 2026?
Ans. The stock market prediction for next week is cautiously bullish. Nifty closed at 23,366.70 on Friday 5 June. The RBI held repo at 5.25% with a dovish tone, which is positive for banking stocks. VIX fell to 15.75 on Friday close and touched 13.46 intraday — the lowest in several weeks — signalling reduced near-term fear. Key support next week is 23,200 and resistance is 23,900.
What are the key events for stock market next week June 8-12 2026?
Ans. Key events for stock market next week include: US Non-Farm Payrolls reaction on Monday (data released tonight June 5); US CPI on Wednesday 10 June — the most important global event of the week; India WPI data; and weekly F&O expiry on Thursday 11 June. These events collectively determine the stock market direction for next week.
What is the Nifty 50 range for next week June 8-12 2026?
Ans. The Nifty 50 range for next week is 23,100-23,900 in the base case. Weekly RSI stands at 41.20 reflecting neutral-to-weak momentum. Immediate support is 23,200-23,400 and resistance is 23,900-24,100. A decisive break above 23,900 with volume would be a significant bullish development for the stock market prediction for next week.
Will Nifty go up or down next week June 8-12?
Ans. The stock market prediction for next week is cautiously bullish with a sideways bias. The RBI dovish hold is positive, VIX at 15.75 is constructive, and DII buying of Rs +5,740.89 Cr provides support. However, Nifty is trading below its 20-week and 50-week EMA, which suggests the upside is capped near 23,900. A US NFP surprise or CPI data could alter the direction.
What is the Bank Nifty prediction for next week?
Ans. Bank Nifty closed at 54,496.25 on Friday with a high of 54,865.50 during the RBI reaction. The weekly prediction is cautiously bullish. Support for next week is 54,000-54,200 and resistance is 55,000-55,300. The RBI dovish hold provides fundamental support. A break above 55,000 would signal a fresh leg of banking sector recovery for the stock market next week.
What is the FII DII outlook for next week stock market prediction?
Ans. FII net sold Rs -4,475.76 Cr on June 4 and Rs -5,616.56 Cr on June 3. However, FII selling is moderating from May peak of Rs 21,105 Cr. DII remained a consistent buyer. If FII selling continues to moderate toward nil next week, combined with DII buying, the stock market prediction for next week would turn decisively bullish.
How does the weekly F&O expiry affect stock market next week?
Ans. The weekly F&O expiry on 10 June 2026 (Thursday) will create intraday volatility mid-week. Option writers have positioned maximum Call OI at Nifty 24,000 and maximum Put OI at 23,000-23,200 for the weekly expiry, defining the probable range for stock market prediction for next week. Expect a sharp directional move on Thursday as positions are squared.
What are the key risks for stock market prediction next week?
Ans. Key risks for the stock market next week include: a hot US NFP or CPI reading reducing Fed rate cut hopes; FII selling resuming at May peak levels; Iran geopolitical escalation spiking crude oil above Rs 9,000 per barrel; and a technical breakdown below Nifty 23,200 accelerating stop-loss selling. These risks need to be monitored through the week.
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