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Nifty Financial Services Ex Bank Prediction for Tomorrow, 11 August 2026: Bajaj Finance 2.24 Percent Recovery Is the Only Positive in a Banking-Excluded Variant

Nifty Financial Services Ex Bank: Approx. 23,600-23,850 (Up significantly (Bajaj Fin +2.24% dominant; no banking offset needed)). Mon 10 Aug. Crude +1.29% Rs 7,520. Nat Gas +3.33%. SBI -2.39%. ICICI


10 Aug 20264:39 pm

Nifty Financial Services Ex Bank Prediction for Tomorrow, 11 August 2026: Bajaj Finance 2.24 Percent Recovery Is the Only Positive in a Banking-Excluded Variant

The Nifty Financial Services Ex Bank prediction for tomorrow for Tuesday 11 August 2026 is built on Monday's confirmed market close. Nifty 50 settled at 24,583.80 (+0.05%), Sensex at 78,542.44 (+0.06%) and Bank Nifty at 57,686.95 (-0.10%). The session's defining story: Bajaj Finance recovered 2.24% to Rs 1,102.20 (resolving Friday's NBFC fear), SBI fell 2.39% on post-Q1 result profit booking and ICICI Bank bounced 0.76% confirming the Day 3 PSU-private rotation reversal. On the commodity side, MCX Crude surged 1.29% to Rs 7,520 and MCX Natural Gas jumped 3.33% to Rs 264.10, signalling Iran deal talks stalled. Nifty Financial Services Ex Bank is the sectoral benchmark for this prediction for tomorrow. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete Nifty Financial Services Ex Bank prediction for tomorrow.

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Today's Confirmed Data for the Nifty Financial Services Ex Bank prediction for tomorrow

Indicator Today's Close (Mon 10 Aug) Change
Nifty 50 24,583.80 +0.05% (H: 24,620.55 / L: 24,511.30)
Sensex 78,542.44 +0.06% (H: 78,672.08 / L: 78,305.94)
Bank Nifty 57,686.95 -0.10% (H: 58,012.60 / L: 57,527.75)
Nifty IT 31,631.45 +0.27%; Infosys +0.67%, TCS -1.10%
Nifty Auto 29,620.05 -0.09%; crude +1.29% is input cost headwind
Nifty Private Bank 27,534.30 +0.52%; ICICI Bank +0.76% Day 3 reversal
Nifty PSU Bank 8,639.80 -1.67%; SBI -2.39% post-Q1 booking
Nifty Metal 13,226.70 +0.28%; Hindustan Zinc positive
Bajaj Finance Rs 1,102.20 (+2.24%) Recovered from Friday crash; NBFC fear resolved
MCX Crude Oil (Aug) Rs 7,520/bbl (+1.29%) Iran deal stalled; biggest commodity move today
MCX Natural Gas (Aug) Rs 264.10/MMBTU (+3.33%) Biggest single-day surge this week; supply tightness
MCX Gold (10g) Rs 1,51,310/10g (+0.51%) Second positive session; range Rs 1,50,001-1,51,999
MCX Silver (Mini Aug) Rs 2,34,933/kg (+0.96%) Range Rs 2,32,299-2,36,300; precious metals bull intact
MCX Copper (Aug) Rs 1,375.70/kg (+0.75%) Range Rs 1,365.75-1,380.50; industrial demand positive
MCX Zinc (Aug) Rs 392.15/kg (+0.78%) Range Rs 388.20-393.80; supply deficit intact
India VIX 12.19 (+0.25%) Stable; range 10.82-12.92; no panic in market

Energy Surge: The Nifty Financial Services Ex Bank prediction for tomorrow's Key Variable for Tomorrow

Monday's biggest market-moving development was not in equities but in energy commodities. MCX Crude Oil surged 1.29% to Rs 7,520 and MCX Natural Gas jumped 3.33% to Rs 264.10, both confirming that Iran-US deal negotiations stalled over the weekend. Ankit Jaiswal notes that this energy surge has direct sector implications for tomorrow: it is a headwind for Auto, FMCG and Cement (higher input costs) and a tailwind for ONGC and the broader energy sector. for tomorrow, monitoring Brent crude direction Tuesday morning is as important as watching domestic banking recovery.

Kunal Singla observes that Natural Gas at Rs 264.10 is the highest level in over two months, reversing all of the Iran-deal-hope-driven decline from Rs 280+ levels in June. for tomorrow, if crude and gas continue higher Tuesday, defensive sectors (IT, healthcare, FMCG) would outperform cyclicals (auto, cement) in the prediction for tomorrow session.

Key Factors for the Nifty Financial Services Ex Bank prediction for tomorrow

  • The Nifty Financial Services Ex Bank prediction for tomorrow is the most directly impacted by Bajaj Finance's +2.24% Monday recovery. Without banking stocks (HDFC Bank, ICICI Bank, SBI), Bajaj Finance dominates this ex-bank variant. Friday's -5.84% crash in Bajaj Finance was the primary driver of Friday's ex-bank index decline; Monday's +2.24% recovery directly reverses that decline in the Nifty Financial Services Ex Bank prediction for tomorrow.
  • Without SBI's -2.39% post-Q1 booking creating a drag, the Nifty Financial Services Ex Bank prediction for tomorrow is cleaner than the standard index. Banking stocks are excluded, meaning SBI's sell-off Monday had zero direct impact. Only the NBFC and insurance sector performance drives this variant's Nifty Financial Services Ex Bank prediction for tomorrow.
  • Insurance companies (HDFC Life, SBI Life, ICICI Pru Life) are significant constituents of the ex-bank variant. for tomorrow, insurance stocks benefiting from India VIX stability at 12.19 (stable equity AUM) are secondary positives.
  • MCX Crude at Rs 7,520 (+1.29%) has limited direct impact on the Nifty Financial Services Ex Bank prediction for tomorrow since NBFC companies (Bajaj Finance, Muthoot Finance) and insurance companies have minimal crude cost exposure. This makes the ex-bank variant relatively insulated from Monday's energy surge.

Technical Levels for the Nifty Financial Services Ex Bank prediction for tomorrow

Level Zone
Key Support 23,450-23,550
Secondary Support 23,100-23,250
Immediate Resistance 23,900-24,050
Key Resistance 24,200-24,350

Stocks to Watch for the Nifty Financial Services Ex Bank prediction for tomorrow

Bajaj Finance: CMP Rs 1,102.20 (+2.24% Mon). Ankit Jaiswal flags entry Rs 1,095-1,102, target Rs 1,135, SL Rs 1,068. Bajaj Finance is the dominant stock for tomorrow. Its recovery from Friday's crash is the primary driver.

Muthoot Finance: CMP Rs 1,920 est.. Kunal Singla flags entry Rs 1,900-1,915, target Rs 1,960, SL Rs 1,865. Muthoot Finance gold loan AUM benefits from MCX Gold at Rs 1,51,310 (+0.51% Monday). It is the Nifty Financial Services Ex Bank prediction for tomorrow secondary NBFC positive.

HDFC Bank: CMP Rs 731.00 (flat Mon). Ankit Jaiswal flags entry Rs 726-731, target Rs 748, SL Rs 714. HDFC Bank is tracked as sector benchmark reference even though excluded from the ex-bank variant in the Nifty Financial Services Ex Bank prediction for tomorrow.

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Strategy for the Nifty Financial Services Ex Bank prediction for tomorrow

  1. Rs 23,450-23,550 is the Nifty Financial Services Ex Bank prediction for tomorrow primary support.
  2. Bajaj Finance above Rs 1,100 at Tuesday open is the Nifty Financial Services Ex Bank prediction for tomorrow primary positive signal.
  3. Rs 23,900-24,050 is the first resistance for tomorrow.
  4. Monitor MCX Gold and Silver direction as insurance AUM proxies for tomorrow.

Risks to the Nifty Financial Services Ex Bank prediction for tomorrow

  • Bajaj Finance reversing Monday's recovery below Rs 1,070 on Tuesday redominating the Nifty Financial Services Ex Bank prediction for tomorrow downward.
  • Insurance company AUM concerns from any equity market volatility spike reducing insurance valuations in the Nifty Financial Services Ex Bank prediction for tomorrow.
  • NBFC credit tightening spreading from Bajaj Finance to Muthoot Finance creating sector concern in the Nifty Financial Services Ex Bank prediction for tomorrow.

Conclusion

The Nifty Financial Services Ex Bank prediction for tomorrow for Tuesday 11 August 2026 is shaped by three resolved positives from Monday: Bajaj Finance +2.24% (NBFC fear gone), ICICI Bank +0.76% (private bank Day 3 reversal confirmed) and SBI post-Q1 booking potentially exhausted at Rs 1,071. The primary new risk is energy: crude +1.29% to Rs 7,520 and Natural Gas +3.33% to Rs 264.10 signal Iran deal stalled, creating input cost headwinds for auto and FMCG in the Nifty Financial Services Ex Bank prediction for tomorrow. Ankit Jaiswal of Univest identifies 23,450-23,550 as the primary support and 23,900-24,050 as the resistance for tomorrow on Tuesday.

Kunal Singla of Univest recommends the three-check approach for tomorrow: Brent crude direction pre-market (key for sector rotation in the Nifty Financial Services Ex Bank prediction for tomorrow), Bajaj Finance opening above Rs 1,100 (NBFC recovery sustaining) and ICICI Bank above Rs 1,435 (Day 4 private bank recovery continuing). VIX at 12.19 confirms stable volatility for tomorrow on Tuesday.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Verify all data with NSE (nseindia.com) and BSE (bseindia.com) before investing. Investments are subject to market risk. This content is for educational purposes only and does not constitute investment advice by Univest (SEBI RA INH000013776).

Download the Univest iOS App or Univest Android App to track live levels and receive Tuesday morning alerts for tomorrow.

FAQs on Nifty Financial Services Ex Bank Prediction For Tomorrow, 11 August 2026

What is the Nifty Financial Services Ex Bank prediction for tomorrow, 11 August 2026?

Ans. The Nifty Financial Services Ex Bank prediction for tomorrow is positive. Bajaj Finance +2.24% recovery dominates this banking-excluded variant. Support is 23,450-23,550 and resistance is 23,900-24,050 in the Nifty Financial Services Ex Bank prediction for tomorrow.

Which analysts prepared the Nifty Financial Services Ex Bank prediction for tomorrow?

Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty Financial Services Ex Bank prediction for tomorrow.

Why is the ex-bank variant insulated from SBI's -2.39% in the Nifty Financial Services Ex Bank prediction for tomorrow?

Ans. Banking stocks (SBI, HDFC Bank, ICICI Bank) are excluded from this variant. SBI's -2.39% post-Q1 booking had zero direct impact. Only Bajaj Finance and NBFC stocks drive the Nifty Financial Services Ex Bank prediction for tomorrow.

What is support and resistance for the Nifty Financial Services Ex Bank prediction for tomorrow?

Ans. Support is 23,450-23,550 and 23,100-23,250. Resistance is 23,900-24,050 and 24,200-24,350 in the Nifty Financial Services Ex Bank prediction for tomorrow.

What stocks are watched in the Nifty Financial Services Ex Bank prediction for tomorrow?

Ans. Bajaj Finance (dominant NBFC recovery), Muthoot Finance (gold loan AUM beneficiary of MCX Gold +0.51%) and HDFC Bank (sector benchmark reference) are watched in the Nifty Financial Services Ex Bank prediction for tomorrow.

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