Nifty PSU Bank Prediction for Monday, 10 August 2026: Index Gains 0.65 Percent to 8,786 as SBI Q1 FY27 Beat Confirms PSU Banking Fundamentals

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

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Friday's Data Behind the Nifty PSU Bank 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 PSU Bank prediction for Monday

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

Level Type	Zone
Immediate Support	8,720-8,750
Key Support	8,580-8,630
Immediate Resistance	8,850-8,900
Key Resistance	8,980-9,050

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 PSU Bank prediction for Monday: it means option sellers are not panicking and the August monthly series maintains a defined range. The Nifty PSU Bank prediction for Monday's support at 8,720-8,750 is the immediate floor heading into Monday.

US NFP: The Nifty PSU Bank 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 PSU Bank prediction for Monday position decisions.

Key Factors for the Nifty PSU Bank prediction for Monday

• SBI's Q1 FY27 beat on all three key metrics (NIM 3%, PAT +10.23%, GNPA 1.47% two-decade low) is confirmed and will sustain over the weekend through institutional analyst reports. For the Nifty PSU Bank prediction for Monday, the key question is whether SBI's Friday close of Rs 1,097 (giving back from the Rs 1,124 intraday high) represents day-of profit booking or structural selling.
• Nifty PSU Bank gaining 0.65 percent despite Bajaj Finance crashing 5.84 percent and the broader Nifty falling 0.27 percent is the strongest relative performance signal for the Nifty PSU Bank prediction for Monday.
• Weekend institutional analysis will continue to process SBI's GNPA at 1.47 percent (two-decade low) and NIM recovery to exactly 3 percent, creating a drip of positive analyst reports that support the Nifty PSU Bank prediction for Monday through elevated conviction.
• US NFP at 6 PM IST today is a secondary catalyst: strong NFP improving risk appetite would see FIIs return to PSU banking stocks (which are now the value sector of the market given private bank selling) in this outlook.

Stocks to Watch for the Nifty PSU Bank 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; high Rs 1,124.5). Ankit Jaiswal flags entry Rs 1,082-1,093, target Rs 1,130, SL Rs 1,058. SBI is the Nifty PSU Bank prediction for Monday's primary stock. Q1 FY27 beat is confirmed. Rs 1,082-1,093 is the buy-on-dip zone on any Monday morning profit booking.

Bank of Baroda: CMP Rs 252 est.. Kunal Singla flags entry Rs 248-251, target Rs 264, SL Rs 240. Bank of Baroda benefits from the same PSU banking confidence signal that SBI Q1 generates, providing Nifty PSU Bank prediction for Monday sector breadth.

HDFC Bank: CMP Rs 731 (-0.45% Fri). Ankit Jaiswal flags entry Rs 725-730, target Rs 748, SL Rs 714. HDFC Bank is tracked as the PSU-private gap reference for the Nifty PSU Bank prediction for Monday rotation analysis.

Screen All Stocks for the Nifty PSU Bank prediction for Monday on Univest

Trading Strategy for the Nifty PSU Bank prediction for Monday

1. 8,720-8,750 is the immediate support for the Nifty PSU Bank prediction for Monday.
2. 8,850-8,900 is the first resistance in this outlook.
3. SBI holding above Rs 1,082 on Monday open is the Nifty PSU Bank prediction for Monday floor signal.
4. Strong NFP improving FII risk appetite and driving them to PSU banking at the PSU-private discount would push the Nifty PSU Bank prediction for Monday toward 8,980-9,050.

Risks to the Nifty PSU Bank prediction for Monday

• SBI profit-booking on Monday as traders who bought ahead of results take profits, sending the Nifty PSU Bank prediction for Monday toward 8,580-8,630.
• Bajaj Finance concerns spreading to broader lending sector risk perception including PSU banks in this outlook.
• Private bank recovery on Monday reducing the PSU-private valuation gap and reducing momentum in this outlook.

Conclusion

The Nifty PSU Bank prediction for Monday on Monday 10 August 2026 is built on Friday's close of 8,786.20 (+0.65% (+56.95 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 8,850-8,900 as the primary resistance and 8,720-8,750 as the critical support for the Nifty PSU Bank 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 PSU Bank prediction for Monday.

Kunal Singla of Univest notes that the Nifty PSU Bank 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 PSU Bank prediction for Monday's support zone at 8,720-8,750 is the line between these two scenarios on Monday.

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FAQs on Nifty Psu Bank Prediction For Monday, 10 August 2026

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

Ans. The Nifty PSU Bank prediction for Monday is positive. Nifty PSU Bank gained 0.65 percent to 8,786.20 on Friday as SBI Q1 FY27 confirmed NIM 3%, PAT +10.23% and GNPA at a two-decade low. Support is 8,720-8,750 and resistance is 8,850-8,900 in this outlook.

Which analysts prepared the Nifty PSU Bank prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty PSU Bank prediction for Monday using Groww-confirmed data: Nifty PSU Bank 8,786.20 (+0.65%), SBI Rs 1,097.20 (+1.12%) with intraday high Rs 1,124.5.

Why is the Nifty PSU Bank prediction for Monday positive?

Ans. SBI Q1 FY27 beat all estimates: PAT up 10.23 percent, NIM at exactly 3 percent (guidance met), GNPA at 1.47 percent (two-decade low). Nifty PSU Bank gained 0.65 percent while broader Nifty fell 0.27 percent, showing relative outperformance that is the Nifty PSU Bank prediction for Monday foundation.

What is Nifty PSU Bank support and resistance for the prediction for Monday?

Ans. Support is 8,720-8,750 and 8,580-8,630. Resistance is 8,850-8,900 and 8,980-9,050 in this outlook.

What stocks are watched in the Nifty PSU Bank prediction for Monday?

Ans. SBI (primary Q1 FY27 catalyst; buy-on-dip Rs 1,082-1,093), Bank of Baroda (sector breadth) and HDFC Bank (PSU-private gap reference) are the three stocks in the Nifty PSU Bank prediction for Monday.