Nifty Oil and Gas Prediction for Monday, 28 September 2026 (Including F&O)

The nifty oil and gas prediction for monday is in focus after a Friday session in which the broader Nifty 50 gained 0.34 percent to 23,140.50, as India VIX eased 4.18 percent to a calmer 12.16, its second straight session of easing after Thursday's sharp spike, with Nifty Auto leading equity gains even as crude oil and natural gas both reversed sharply lower. Ongc fell today as crude oil prices dropped sharply, even as reliance industries gained on broader market strength

As with any nifty oil and gas prediction for monday, the opening minutes of Monday's trade will confirm or challenge the levels discussed here.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are watching sector-specific triggers here, alongside the broader Nifty 50 and Sensex direction heading into 28 September 2026.

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This nifty oil and gas prediction for monday is built from Friday's verified closing data, since markets are shut over the weekend.

Also read – Stock Market Prediction for Monday, 28 September 2026

Friday's Sector Recap

• Oil and Natural Gas Corporation fell 1.31 percent, among the key movers in this space on 25 September 2026.
• The broader Nifty 50 gained 0.34 percent, extending its recovery from Thursday's sharp sell-off.
• India VIX eased for a second straight session, a sign of calming volatility.

Nothing in this nifty oil and gas prediction for monday should be treated as a guarantee, only a working framework for Monday's session.

Nifty Oil and Gas F&O Outlook for Monday

For traders active in F&O, this outlook will hinge on open interest build-up and rollover activity in Nifty Oil and Gas futures and options contracts into 28 September 2026. Kunal Singla notes that a stable to falling India VIX would support range-bound F&O positioning into next week.

Key Drivers for Monday

• Ongc fell today as crude oil prices dropped sharply, even as reliance industries gained on broader market strength
• Crude oil fell sharply, down 2.79 percent on mcx, reversing thursday's spike as the risk premium tied to earlier geopolitical tensions unwound, a theme relevant across the broader market.
• India vix eased 4.18 percent to a calmer 12.16, its second straight session of easing after thursday's sharp spike, with nifty auto leading equity gains even as crude oil and natural gas both reversed sharply lower.

This nifty oil and gas prediction for monday should be read alongside the support and resistance levels detailed above.

Stocks to Watch for Monday

Stock	CMP	Relevance
Oil and Natural Gas Corporation	See Univest Screener	Key Nifty Oil and Gas constituent
Reliance Industries	See Univest Screener	Additional Nifty Oil and Gas name to track

Why This Uses Friday's Data

Indian markets are closed Saturday and Sunday, so Friday's closing prices remain the last available data until trading resumes on Monday, 28 September 2026. Treat this prediction as a weekend briefing rather than a live call.

Univest's desk will revisit this nifty oil and gas prediction for monday once Monday's opening trade confirms direction.

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Risks to This Prediction

• A sharper than expected weekend move in crude oil prices or global cues could shift sentiment across all sectors, including Nifty Oil and Gas.
• Stock-specific news flow in Oil and Natural Gas Corporation or other constituents could override the broader sector trend.
• A reversal in India VIX could widen intraday ranges beyond the levels discussed here.

Traders relying on this nifty oil and gas prediction for monday should still size positions to their own risk appetite.

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Conclusion

The nifty oil and gas prediction for monday leans cautious into 28 September 2026, with Oil and Natural Gas Corporation and broader Nifty 50 direction as the key variables. Ankit Jaiswal and Kunal Singla will revisit this view once Monday's opening trade confirms direction.

As with any nifty oil and gas prediction for monday, the opening minutes of Monday's trade will confirm or challenge the levels discussed here.

Also read – Nifty 50 Prediction for Monday, 28 September 2026

Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.

This nifty oil and gas prediction for monday is built from Friday's verified closing data, since markets are shut over the weekend.

Frequently Asked Questions

What is the nifty oil and gas prediction for monday?

Ans. It is cautious, based on Oil and Natural Gas Corporation's fall of 1.31 percent on 25 September 2026 and the broader Nifty 50 trend.

Why is this a prediction for Monday and not tomorrow?

Ans. Because Indian markets don't trade Saturday or Sunday, Friday's close is the last available data until trading resumes Monday, 28 September 2026.

Why did ONGC fall while Reliance Industries gained today?

Ans. ONGC fell 1.31 percent today as crude oil prices dropped sharply, since ONGC as an upstream producer is directly exposed to lower oil prices, while Reliance Industries gained on broader market recovery.

Should traders take F&O positions based on this outlook?

Ans. Any F&O position based on this outlook should factor in position sizing and stop-loss discipline, given how sharply India VIX has moved this week.