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Bank Nifty Prediction for Tomorrow: Index Closes at 61,518 Near Its High as PSU Banks Gain 1.51% (13 November 2026, Friday)

Bank Nifty 61,518.50 (+1.19%). Range 60,723.10 to 61,545.85. RSI 90.5. PCR 1.28. PSU Bank +1.51%. Private Bank +0.87%. Call wall 62,000.


12 Nov 2026 • 4:01 pm

Bank Nifty Prediction for Tomorrow: Index Closes at 61,518 Near Its High as PSU Banks Gain 1.51% (13 November 2026, Friday)

Quick Answer

Bank Nifty closed at 61,518.50 (+1.19%) on Thursday after a range of 60,723.10 to 61,545.85, finishing within 28 points of its day high. Analysts Ankit Jaiswal and Kunal Singla expect a 61,000 to 62,000 range on Friday, with 61,500 as the first support and 62,000 as the first hurdle. The 62,000 strike holds the largest call base above the close, while the 60,500 strike holds the heaviest puts below it. A close above 61,546 would extend the rally, while a close below 61,000 would weaken it.

The Bank Nifty prediction for tomorrow starts with a gap-up open that built through the session. The index opened at 60,801.85, dipped to 60,723.10 and then climbed to close at 61,518.50, which keeps it above its 200-day average by about 8.6%.

Ankit Jaiswal, Senior Research Analyst at Univest, flags that the move was led by public sector lenders, with Nifty PSU Bank up 1.51% and SBI up 2.38%, while the broader market stayed flat. Kunal Singla, Associate Director at Univest, suggests reading the first hour for direction, because India's inflation print and Wall Street's Thursday session both land after the Indian close.

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Bank Nifty Tomorrow: How the Index Traded on Thursday

  • Bank Nifty closed at 61,518.50, up 726.10 points (+1.19%), against a previous close of 60,792.40.
  • The day range was 60,723.10 to 61,545.85, an 823-point band, and the index closed 27 points under its high.
  • India VIX fell 5.52% to 16.59.
  • Nifty PSU Bank gained 1.51% to 9,305.95 and Nifty Private Bank gained 0.87% to 30,206.05.
  • The latest provisional data reported is for Monday, when foreign institutions recorded net inflows of approximately Rs 7,212 crore and domestic institutions net sold approximately Rs 7,173 crore. Figures for the last two sessions are not yet out.
  • Among the bank stocks tracked, the highest volumes came from HDFC Bank (about 3.83 crore shares), Kotak Mahindra Bank (about 2.72 crore) and SBI (about 2.70 crore).

SBI (+2.38%), ICICI Bank (+1.17%) and HDFC Bank (+0.71%) led the gains, while Kotak Mahindra Bank (+0.55%) and Axis Bank (+0.49%) rose modestly. None of the large banks tracked closed lower. These moves set the base for the Bank Nifty prediction for tomorrow.

Bank Nifty Prediction for Tomorrow: Support, Resistance and Trend

The Bank Nifty prediction for tomorrow is positive but stretched. The index sits well above its 20-day, 50-day and 200-day averages, and the daily RSI is above 90, though the supertrend floor sits far below the price.

Index Close Bias Support Resistance
Bank Nifty 61,518.50 Positive but stretched 61,500, 61,000 and 60,723 61,546, 62,000 and 62,500

The first support at 61,500 is only 19 points under the close and carries about 3.5 lakh puts. The second support at 61,000 holds about 7.5 lakh puts, and 60,500 holds the heaviest put base at about 11.8 lakh. A close below 60,500 would put the Thursday low area to the test, and the supertrend floor near 58,182 would be the next technical line.

What the Daily Indicators Say About Bank Nifty Tomorrow

Indicator Reading Meaning
RSI (14) 90.5 Far above 70, so a pause or consolidation is likely
20-day EMA 57,242 Price is about 7.5% above it
50-day SMA 56,066 Price is about 9.7% above it
200-day SMA 56,646 Price is about 8.6% above it
MACD vs signal +1,269.5 vs +533.6 Above zero and above its signal line
Supertrend (10, 3) Bullish, floor 58,182 Trend direction is up while price holds above it

The readings behind the Bank Nifty outlook for tomorrow favour a positive trend that is short-term stretched. Analysts at Univest suggest that holding above 61,000 keeps the structure intact, while a slide toward the 200-day average near 56,646 would signal that the rally is fading.

What the Option Chain Shows for Bank Nifty Tomorrow

Strike Open Interest (lakh) Reading
62,500 3.2 calls and 0.1 puts Outer call hurdle
62,000 7.6 calls and 2.0 puts Largest call base above the close, 481 points higher
61,500 5.7 calls and 3.5 puts Pivot just under the close, calls heavier
61,000 7.0 calls and 7.5 puts Balanced, a round-number floor
60,500 10.3 calls and 11.8 puts Heaviest strike on both sides, the deeper pivot

The series expires on Monday, 23 November, and total open interest is about 215 lakh puts against 168 lakh calls. For the Bank Nifty prediction for tomorrow, the 61,500, 61,000 and 62,000 strikes matter most.

Bank Nifty Tomorrow: Banking Stocks to Watch

Index moves usually follow the largest weights, so Bank Nifty tomorrow depends on them. These names are not buy calls, and each should be checked against your own risk plan before acting.

Stock Thursday's Move What to Watch on Friday
HDFC Bank +0.71% to Rs 812.30 The most traded bank stock. Watch Rs 815.00, the day high, and Rs 798.65, the day low.
ICICI Bank +1.17% to Rs 1,590.00 Closed near its high of Rs 1,592.50. Watch Rs 1,572.30, the day low, as support.
SBI +2.38% to Rs 1,086.50 Led the public sector bank move. Watch Rs 1,059.20, the day low, as support.
Axis Bank +0.49% to Rs 1,342.90 Traded between Rs 1,334.00 and Rs 1,354.10. Watch Rs 1,334.00 as support.
Kotak Mahindra Bank +0.55% to Rs 490.40 Traded between Rs 484.35 and Rs 494.05. Watch Rs 484.35 as support.

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Global Cues for Bank Nifty Tomorrow

  • Wall Street rebounded on Wednesday, with the S&P 500 up 1.31%, the Nasdaq Composite up 1.60% and the Dow Jones up 0.49%, according to market reports.
  • US consumer prices rose 0.4% in October against 0.3% expected. Treasury yields jumped, and reports said traders see a December US rate increase as highly likely.
  • Crude oil prices fell to a two-month low this week on hopes of a US-Iran deal, according to reports, which helps oil importers and bank sentiment.
  • Foreign institutions invested approximately Rs 53,739 crore in Indian equities in the first nine days of November, according to NSDL data reported.

Events That Can Move Bank Nifty Tomorrow

  • India's October consumer price inflation was released at 4:00 PM on Thursday, after the market close, with economists in reports expecting a reading near 6%. A high print can raise questions about the interest rate path, which matters for lenders. Check the official release for the actual print.
  • Eicher Motors and Vodafone Idea are expected to report September-quarter results on Friday, according to reports.
  • The Nifty weekly expiry falls on Tuesday, 17 November, and the Bank Nifty monthly expiry falls on Monday, 23 November.
  • Check company filings and exchange notices for confirmed result dates.

Bank Nifty Prediction for Tomorrow: Scenarios and Strategy

Scenario Trigger What It Would Suggest
Positive Close above 61,546 with rising volume A move toward 62,000, where the largest call open interest sits
Base case Trade between 61,000 and 61,700 Consolidation after a sharp rally, the usual pattern for Bank Nifty tomorrow
Cautious Close below 61,000 A test of 60,723 and 60,500, near Thursday's low and the heaviest put base
  • For Bank Nifty tomorrow, allow the first 30 minutes to pass before judging direction, since the open will reflect the inflation print and Wall Street's Thursday session.
  • Treat 61,000 as the line that decides whether the rally holds.
  • Do not chase the index into 62,000 without a close above 61,546, and set exit levels before entering.
  • Treat the Bank Nifty prediction for tomorrow as a range, not a promise.

Check live Bank Nifty levels and sector trends on the Univest Screener

What Does Sentiment Indicate for Bank Nifty Tomorrow?

Sentiment for Bank Nifty tomorrow is constructive. The put-call ratio is 1.28, foreign inflows have been steady and breadth across lenders was positive, but the RSI is above 90, and the index closed near its high after a one-sided bank rally.

Ankit Jaiswal suggests watching whether the index can hold above 61,000 during the first hour, since that would keep the rally intact. Kunal Singla flags that public sector banks rose sharply and that a sudden reversal in that group may change the picture for Bank Nifty tomorrow.

Risks to the Bank Nifty Prediction for Tomorrow

  • A hawkish shift in US rate expectations or weakness in global technology stocks could change risk appetite before the open.
  • An Indian inflation print at or above 6% could revive worries about the rate path and weigh on lenders.
  • A reversal in public sector bank stocks after a 1.51% gain could pull the index below 61,000 quickly.
  • On the upside, steady foreign inflows and lower crude could carry the index through 62,000 faster than expected.

Conclusion

The Bank Nifty prediction for tomorrow is positive but stretched, with 61,500 and 61,000 as support and 61,546 and 62,000 as resistance. Ankit Jaiswal and Kunal Singla suggest that a close above 61,546 would extend the rally, while a break below 61,000 would weaken it. The Bank Nifty outlook for tomorrow is a view, not a guarantee. These are educational views, so size every decision to your own risk plan.

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).

Frequently Asked Questions

What is the Bank Nifty prediction for tomorrow, 13 November 2026?

Ans. The Bank Nifty prediction for tomorrow starts from Thursday's close of 61,518.50 (+1.19%), after a range of 60,723.10 to 61,545.85. Analysts at Univest expect a range of 61,000 to 62,000 on Friday, with a close above 61,546 needed to extend the rally and a close below 61,000 likely to weaken it. India's October inflation print, released after the close, may add volatility.

What are the Bank Nifty support and resistance levels for tomorrow?

Ans. For Bank Nifty tomorrow, support sits at 61,500 and 61,000, with the Thursday low of 60,723 below them. Put open interest is about 3.5 lakh at 61,500, 7.5 lakh at 61,000 and 11.8 lakh at 60,500. Resistance sits at 61,546 and 62,000, where call open interest at 62,000 is about 7.6 lakh. The 62,500 strike is the outer hurdle.

Why did Bank Nifty rise 1.19% on Thursday?

Ans. Bank Nifty rose on demand for public and private lenders. Nifty PSU Bank gained 1.51% and Nifty Private Bank gained 0.87%, while SBI gained 2.38%, ICICI Bank gained 1.17%, HDFC Bank gained 0.71%, Kotak Mahindra Bank gained 0.55% and Axis Bank gained 0.49%. The index closed within 28 points of its day high.

Is Bank Nifty overbought?

Ans. The daily 14-period RSI is 90.5, which sits far above the 70 mark that traders call overbought. The index is about 7.5% above its 20-day average of 57,242 and about 8.6% above its 200-day average of 56,646. Analysts at Univest read this as a sign that Bank Nifty may consolidate before trying to extend the rally.

What does the Bank Nifty put-call ratio of 1.28 mean?

Ans. A ratio of 1.28 on the series that expires on Monday, 23 November, means put open interest is about 28% larger than call open interest, which points to a tilt toward support. Total open interest stands at about 215 lakh puts and 168 lakh calls. The heaviest bases sit at 60,500 on both sides, which makes it a deeper pivot.

How does the Bank Nifty expiry date affect tomorrow?

Ans. The Bank Nifty monthly contract expires on Monday, 23 November, so Friday is still early in the series and open interest will keep changing. The Nifty weekly contract expires on Tuesday, 17 November, which can add swings in the banking heavyweights. Analysts at Univest suggest checking the open interest again each morning before relying on a level.

Which Bank Nifty stocks are on the watchlist for tomorrow?

Ans. HDFC Bank, ICICI Bank, SBI, Axis Bank and Kotak Mahindra Bank are the banking names flagged for Friday. These are watchlist ideas, not buy calls, and each should be checked against your own risk plan before acting.

Is this Bank Nifty prediction for tomorrow investment advice?

Ans. No. These are educational views from SEBI-registered research analysts at Univest, built on closing data, technical readings and options positioning. Please consult a SEBI-registered advisor and check every level against your own risk plan before acting.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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