{"id":205143,"date":"2026-08-14T16:57:46","date_gmt":"2026-08-14T11:27:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=205143"},"modified":"2026-08-14T16:57:48","modified_gmt":"2026-08-14T11:27:48","slug":"bank-nifty-prediction-for-monday-17-august-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bank-nifty-prediction-for-monday-17-august-2026\/","title":{"rendered":"Bank Nifty Prediction for Monday, 17 August 2026: ICICI Bank Finally Recovers +0.40% to Rs 1,412 While SBI’s -1.62% Shock Creates a Split Banking Narrative Heading Into Week Two"},"content":{"rendered":"
<\/div>\n

Fri 14 Aug: Bank Nifty 57,459.10 (-0.31%). ICICI Bank +0.40% (Rs 1,412.40). HDFC +0.28% (Rs 727). SBI -1.62% (Rs 1,065.50). Axis -0.47%. Bajaj Finance -0.44%. Monday 17 Aug next trading day.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

Bank Nifty fell -0.31% to 57,459.10 Friday in a split session where private banking (ICICI +0.40%, HDFC +0.28%) finally recovered while PSU banking (SBI -1.62%) shocked with its worst single-session reversal of the week. The Bank Nifty prediction for Monday is cautiously positive: ICICI Bank’s recovery from Thursday’s low of Rs 1,406.40 to Friday’s close of Rs 1,412.40 creates the setup for the decisive Rs 1,435 breakout attempt on Monday. Support for Monday’s session is 57,350-57,420 and resistance is 57,650-57,720.<\/p>\n<\/div>\n

The Bank Nifty prediction for Monday<\/strong> for 17 August 2026 comes with the week’s most surprising banking data point: on a day when Bank Nifty<\/a> fell -0.31%, ICICI Bank<\/a> was up +0.40% and HDFC Bank<\/a> was up +0.28%, while SBI<\/a> crashed -1.62% to Rs 1,065.50. This private-banking-versus-PSU-banking split is the most important narrative reset for Monday’s session. The week began with PSU banking as the recovery story (SBI Day 1 through Day 5) and private banking as the drag (ICICI failing at Rs 1,435 for two sessions). Friday completely reversed this narrative: private banking is now the recovery story (ICICI +0.40%, HDFC +0.28%), and PSU banking has become the drag (SBI -1.62%).<\/p>\n

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, frame the Bank Nifty prediction for Monday around one pivotal question: can ICICI Bank extend Friday’s +0.40% recovery to finally break Rs 1,435 resistance on Monday? If ICICI Bank closes above Rs 1,435 on Monday for the first time since the correction began, it completes the Day 7 rotation reversal ; the most consequential banking event of the past two weeks for Monday’s session.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n