Nifty Financial Services Prediction for Monday, 10 August 2026: Index Falls Sharply as Bajaj Finance Crashes 5.84 Percent and ICICI Bank Loses 2.50 Percent

The Nifty Financial Services prediction for Monday on Monday 10 August 2026 is shaped by Friday's session where Nifty 50 closed at 24,570.65 (down 65 points, -0.27%), Sensex fell 455 points to 78,499.17 and Bank Nifty lost 317 points to 57,746.45. The session's defining paradox: SBI Q1 FY27 beat strongly (PAT +10.23%, NIM recovered to exactly 3 percent, GNPA at a two-decade low of 1.47 percent) but Bajaj Finance crashed 5.84 percent and ICICI Bank fell 2.5 percent, dragging the financial sector. The top performers were Nifty Auto (+1.83 percent), Nifty IT (+1.42 percent led by TCS +3.36 percent) and MCX Gold (+1.40 percent) and MCX Silver (+3.19 percent). The Nifty Financial Services is the sectoral index for this prediction for Monday. The primary catalyst for the Nifty Financial Services prediction for Monday is the US Non-Farm Payrolls for July 2026, released at 6 PM IST today after Indian market close, which will determine Monday's opening gap direction. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete Nifty Financial Services prediction for Monday.

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Friday's Data Behind the Nifty Financial Services prediction for Monday

Indicator	Friday 7 Aug Close (Groww Confirmed)	Change
Nifty 50	24,570.65	-65.35 pts (-0.27%)
Sensex	78,499.17	-455.59 pts (-0.58%)
Bank Nifty	57,746.45	-317.20 pts (-0.55%)
Nifty Auto	29,646.95	+1.83%; top sectoral gainer
Nifty IT	31,547.70	+1.42%; TCS +3.36%, HCL +1.62%, Infosys +0.87%
Nifty PSU Bank	8,786.20	+0.65%; SBI +1.12% on Q1 FY27 beat
Nifty Metal	13,189.85	+0.50%; Hindustan Zinc +2.20%
Nifty Private Bank	27,392.35	-1.04%; ICICI -2.50%, Axis -1.43%
SBI Q1 FY27	Rs 1,097.20 (+1.12%)	PAT Rs 21,121 cr (+10.23%); NIM 3.0%; GNPA 1.47% (2-decade low). High: Rs 1,124.5
Bajaj Finance	Rs 1,078 (-5.84%)	Biggest Nifty 50 loser; dragged Fin Services sector
MCX Gold (Aug Fut)	Rs 1,49,703/10g (+1.40%)	Strong surge; safe-haven demand
MCX Silver (Mini Aug)	Rs 2,34,741/kg (+3.19%)	Outperformed gold; industrial + safe-haven combined
MCX Crude Oil (Aug)	Rs 7,356/bbl (-0.28%)	Slight dip; Iran deal uncertainty continues
India VIX	12.16	Unchanged from previous close
US NFP (July 2026)	Released 6 PM IST today	Primary weekend catalyst for Monday gap direction

SBI Q1 FY27 and Bajaj Finance: Two Opposite Forces Behind the Nifty Financial Services prediction for Monday

Friday's session presented two contradictory catalysts for the Nifty Financial Services prediction for Monday. SBI delivered its strongest quarterly result in recent memory: PAT up 10.23 percent to Rs 21,121 crore, NIM recovered to exactly 3 percent from Q4 FY26's 2.93 percent and GNPA fell to 1.47 percent, a two-decade low. SBI surged to Rs 1,124.5 intraday before closing at Rs 1,097.20 (+1.12 percent). Simultaneously, Bajaj Finance crashed 5.84 percent to Rs 1,078, the biggest Nifty 50 loser, dragging the financial services sector. Ankit Jaiswal notes that the Nifty Financial Services prediction for Monday is shaped by which of these two forces dominates on Monday: SBI's confirmed earnings strength or Bajaj Finance's Q1 result-related concerns spilling into the broader NBFC sector.

Technical Levels for the Nifty Financial Services prediction for Monday

Level Type	Zone
Immediate Support	24,700-24,800
Key Support	24,350-24,450
Immediate Resistance	25,200-25,350
Key Resistance	25,500-25,650

Kunal Singla observes that India VIX closed Friday at 12.16, unchanged from Thursday's close. Stable VIX at 12-13 despite the broader market fall is structurally positive for the Nifty Financial Services prediction for Monday: it means option sellers are not panicking and the August monthly series maintains a defined range. The Nifty Financial Services prediction for Monday's support at 24,700-24,800 is the immediate floor heading into Monday.

US NFP: The Nifty Financial Services prediction for Monday Primary Weekend Variable

US Non-Farm Payrolls for July 2026 releases at 6 PM IST today. A healthy NFP (175,000-230,000 range) supports a Monday gap-up in this outlook as Dow Jones rises and FII risk-on flows return to India on Monday morning. A weak NFP below 130,000 raises US recession concerns and creates a Monday gap-down in this outlook. Ankit Jaiswal recommends checking GIFT Nifty at 9 AM Monday before making any Nifty Financial Services prediction for Monday position decisions.

Key Factors for the Nifty Financial Services prediction for Monday

• Bajaj Finance crashing 5.84 percent to Rs 1,078 on Friday is the Nifty Financial Services prediction for Monday's primary concern. At approximately 8-10 percent Nifty Financial Services weight, Bajaj Finance's decline removed substantial index points and signals either Q1 FY27 result disappointment or sector-specific concerns that need clarification over the weekend.
• ICICI Bank falling 2.5 percent to Rs 1,421 simultaneously amplifies the Nifty Financial Services prediction for Monday challenge. Two large financial sector constituents (Bajaj Finance and ICICI Bank) declining together signals institutional selling pressure in the broader financial sector.
• SBI gaining 1.12 percent to Rs 1,097.20 on Q1 FY27 beat (NIM 3%, GNPA 1.47%) provides a partial offset and confirms PSU banking fundamentals are strong. SBI's positive Friday close provides the Nifty Financial Services prediction for Monday with one reliable anchor.
• US NFP at 6 PM IST today is the Nifty Financial Services prediction for Monday's secondary catalyst: strong NFP improving risk appetite would support financial sector recovery through FII inflows into large private banks on Monday.

Stocks to Watch for the Nifty Financial Services prediction for Monday

Univest analysts flag the following stocks for educational observation in this outlook on Monday. These are not buy or sell recommendations.

SBI: CMP Rs 1,097.20 (+1.12% Fri). Ankit Jaiswal flags entry Rs 1,085-1,093, target Rs 1,128, SL Rs 1,062. SBI is the positive anchor in this outlook with Q1 FY27 results confirming fundamental strength (NIM 3%, GNPA 1.47%).

ICICI Bank: CMP Rs 1,421 (-2.50% Fri). Kunal Singla flags entry Rs 1,415-1,420, target Rs 1,452, SL Rs 1,398. ICICI Bank at Rs 1,421 after -2.5 percent Friday is the Nifty Financial Services prediction for Monday's most watched stock. Finding support here would be the recovery signal.

Bajaj Finance: CMP Rs 1,078 (-5.84% Fri). Ankit Jaiswal flags entry Rs 1,065-1,078 (only after clarity), target Rs 1,130, SL Rs 1,038. Bajaj Finance is the Nifty Financial Services prediction for Monday's key uncertainty. Entry only after understanding the reason for Friday's 5.84 percent crash (Q1 result details).

Screen All Stocks for the Nifty Financial Services prediction for Monday on Univest

Trading Strategy for the Nifty Financial Services prediction for Monday

1. 24,700-24,800 is the immediate support for the Nifty Financial Services prediction for Monday based on Friday's estimated close.
2. 25,200-25,350 is the first resistance in this outlook once selling pressure stabilises.
3. Monitor Bajaj Finance opening Monday: BAJFINANCE above Rs 1,100 would signal the 5.84 percent crash was a one-day event. Below Rs 1,050 would extend the Nifty Financial Services prediction for Monday bear case.
4. ICICI Bank finding support at Rs 1,415-1,420 on Monday is the primary private banking recovery signal in this outlook.

Risks to the Nifty Financial Services prediction for Monday

• Bajaj Finance concerns spreading to broader NBFC sector (Muthoot Finance, Mahindra Finance) amplifying the Nifty Financial Services prediction for Monday decline.
• ICICI Bank extending its Friday decline below Rs 1,400 creating further Nifty Financial Services prediction for Monday selling.
• Weak NFP reducing FII risk appetite for financial sector stocks in this outlook.

Conclusion

The Nifty Financial Services prediction for Monday on Monday 10 August 2026 is built on Friday's close of Approx. 24,800-25,200 (Down significantly (Bajaj Fin -5.84%, ICICI -2.5%, HDFC -0.45%)), from a session where Nifty Auto (+1.83 percent), Nifty IT (+1.42 percent) and MCX precious metals (Gold +1.40 percent, Silver +3.19 percent) were the week's bright spots while Bajaj Finance (-5.84 percent) and ICICI Bank (-2.5 percent) created financial sector drag. Ankit Jaiswal of Univest identifies 25,200-25,350 as the primary resistance and 24,700-24,800 as the critical support for the Nifty Financial Services prediction for Monday. The US NFP at 6 PM IST today is the primary variable: monitor GIFT Nifty Sunday evening and at 9 AM Monday before positioning for the Nifty Financial Services prediction for Monday.

Kunal Singla of Univest notes that the Nifty Financial Services prediction for Monday has a dual structure for Monday: the recovery case (IT and Auto momentum continues, SBI Q1 beat sustains, NFP healthy) and the continuation decline case (Bajaj Finance concerns spread to NBFCs, private banks extend selling, weak NFP). The Nifty Financial Services prediction for Monday's support zone at 24,700-24,800 is the line between these two scenarios on Monday.

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FAQs on Nifty Financial Services Prediction For Monday, 10 August 2026

What is the Nifty Financial Services prediction for Monday, 10 August 2026?

Ans. The Nifty Financial Services prediction for Monday is cautiously negative with stabilisation potential. Bajaj Finance crashed 5.84 percent and ICICI Bank fell 2.5 percent on Friday, creating dual headwinds. Support is 24,700-24,800 and resistance is 25,200-25,350. SBI's +1.12 percent Q1 FY27 beat provides the one positive anchor in the Nifty Financial Services prediction for Monday.

Why did Bajaj Finance crash 5.84% in the Nifty Financial Services prediction for Monday context?

Ans. Bajaj Finance falling 5.84 percent to Rs 1,078 on Friday was the session's biggest Nifty 50 decline. This is a significant event for the Nifty Financial Services prediction for Monday that requires monitoring over the weekend for Q1 FY27 result details or regulatory developments that caused the sell-off.

Which analysts prepared the Nifty Financial Services prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty Financial Services prediction for Monday using Groww-confirmed data: Bajaj Finance Rs 1,078 (-5.84%), ICICI Bank Rs 1,421 (-2.5%), SBI Rs 1,097.20 (+1.12%).

What is Nifty Financial Services support and resistance for the prediction for Monday?

Ans. Support is 24,700-24,800 and 24,350-24,450. Resistance is 25,200-25,350 and 25,500-25,650 in the Nifty Financial Services prediction for Monday.

What stocks are watched in the Nifty Financial Services prediction for Monday?

Ans. SBI (positive Q1 anchor), ICICI Bank (stabilisation signal at Rs 1,415-1,420) and Bajaj Finance (key uncertainty requiring weekend clarity) are the three stocks in the Nifty Financial Services prediction for Monday.