Nifty IT Prediction for Monday, 10 August 2026: Index Surges 1.42 Percent to 31,547 Led by TCS +3.36 Percent and HCL Tech +1.62 Percent

The Nifty IT 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 IT is the sectoral index for this prediction for Monday. The primary catalyst for the Nifty IT 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 IT prediction for Monday.

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Friday's Data Behind the Nifty IT 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 IT prediction for Monday

Friday's session presented two contradictory catalysts for the Nifty IT 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 IT 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 IT prediction for Monday

Level Type	Zone
Immediate Support	31,200-31,300
Key Support	30,850-30,980
Immediate Resistance	31,850-32,000
Key Resistance	32,200-32,400

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 IT prediction for Monday: it means option sellers are not panicking and the August monthly series maintains a defined range. The Nifty IT prediction for Monday's support at 31,200-31,300 is the immediate floor heading into Monday.

US NFP: The Nifty IT 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 IT prediction for Monday position decisions.

Key Factors for the Nifty IT prediction for Monday

• TCS surging 3.36 percent to Rs 2,452.70 is the Nifty IT prediction for Monday's primary carry-forward positive. TCS is the bellwether of Indian IT and its 3.36 percent move confirms institutional conviction rather than a speculative rally in this outlook.
• HCL Technologies gaining 1.62 percent to Rs 1,356.60 and Infosys gaining 0.87 percent to Rs 1,175.10 confirm that Friday's Nifty IT rally was broad-based, not just TCS-specific. Broad sector participation is the strongest Nifty IT prediction for Monday positive signal.
• The Dow Jones at record 54,349 validates US enterprise technology spending that drives Indian IT deal pipelines, providing the Nifty IT prediction for Monday with its fundamental support independent of domestic Indian macro events like Bajaj Finance.
• US NFP at 6 PM IST today: strong NFP above 175,000 confirms US economic health and US enterprise technology budget confidence, making it the Nifty IT prediction for Monday's most important overnight catalyst for week-ahead direction.

Stocks to Watch for the Nifty IT prediction for Monday

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

TCS: CMP Rs 2,452.70 (+3.36% Fri). Ankit Jaiswal flags entry Rs 2,430-2,448, target Rs 2,498, SL Rs 2,390. TCS was Friday's standout gainer at +3.36 percent. The Nifty IT prediction for Monday's bull case requires TCS to sustain above Rs 2,440 on Monday open.

Infosys: CMP Rs 1,175.10 (+0.87% Fri). Kunal Singla flags entry Rs 1,160-1,172, target Rs 1,205, SL Rs 1,138. Infosys with raised FY27 CC guidance (4.5-6.5 percent) provides the fundamental backing for the Nifty IT prediction for Monday beyond Friday's momentum.

HCL Technologies: CMP Rs 1,356.60 (+1.62% Fri). Ankit Jaiswal flags entry Rs 1,338-1,352, target Rs 1,392, SL Rs 1,312. HCLTech +1.62 percent Friday provides sector breadth confirmation for the Nifty IT prediction for Monday.

Screen All Stocks for the Nifty IT prediction for Monday on Univest

Trading Strategy for the Nifty IT prediction for Monday

1. TCS above Rs 2,440 on Monday open confirms Friday's 3.36 percent rally is sustaining. Ankit Jaiswal recommends adding Nifty IT longs above 31,600.
2. 31,200-31,300 is the buy-on-dip support for the Nifty IT prediction for Monday. Kunal Singla recommends this accumulation zone.
3. 31,850-32,000 is the first resistance in this outlook. Book 50 percent of positions here.
4. Monitor NASDAQ futures Sunday evening for the Nifty IT prediction for Monday. NASDAQ above 22,000 overnight confirms the IT bull case for Monday.

Risks to the Nifty IT prediction for Monday

• Kospi (-4.08 percent Thursday) creating Asian tech contagion that reduces the Nifty IT prediction for Monday if Nikkei also falls sharply overnight.
• Rupee strengthening from FII equity inflows reducing IT revenue translation in this outlook.
• US enterprise budget freeze signals from any NFP weakness reducing IT deal expectations in this outlook.

Conclusion

The Nifty IT prediction for Monday on Monday 10 August 2026 is built on Friday's close of 31,547.70 (+1.42% (+441.50 pts)), 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 31,850-32,000 as the primary resistance and 31,200-31,300 as the critical support for the Nifty IT 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 IT prediction for Monday.

Kunal Singla of Univest notes that the Nifty IT 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 IT prediction for Monday's support zone at 31,200-31,300 is the line between these two scenarios on Monday.

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FAQs on Nifty It Prediction For Monday, 10 August 2026

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

Ans. The Nifty IT prediction for Monday is the most bullish sector prediction for the week. Nifty IT surged 1.42 percent to 31,547.70 on Friday, led by TCS +3.36 percent, HCL Tech +1.62 percent and Infosys +0.87 percent. Support is 31,200-31,300 and resistance is 31,850-32,000 in this outlook.

Which analysts prepared the Nifty IT prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty IT prediction for Monday using Groww-confirmed data: Nifty IT 31,547.70 (+1.42%), TCS Rs 2,452.70 (+3.36%), HCL Tech Rs 1,356.60 (+1.62%), Infosys Rs 1,175.10 (+0.87%).

Why is Nifty IT the most bullish sector prediction for Monday?

Ans. Three structural positives: broad-based Friday surge (TCS, HCL, Infosys all up), Dow at record 54,349 confirming US enterprise tech spending, and raised FY27 guidance from Infosys (4.5-6.5 percent CC). The Nifty IT prediction for Monday has the cleanest fundamental support of all sector predictions.

What is Nifty IT support and resistance for the prediction for Monday?

Ans. Support is 31,200-31,300 and 30,850-30,980. Resistance is 31,850-32,000 and 32,200-32,400 in the Nifty IT prediction for Monday.

What stocks are watched in the Nifty IT prediction for Monday?

Ans. TCS (+3.36% Friday, primary momentum), Infosys (raised FY27 guidance) and HCL Technologies (+1.62% Friday, breadth) are the three stocks in the Nifty IT prediction for Monday.