
Nifty PSU Bank Prediction for Tomorrow, 12 August 2026: Index Near Flat at Plus 0.01 Percent as SBI Day 3 Booking Meets Other PSU Bank Stability
Nifty PSU Bank: 8,640.25 (+0.01% (+0.45 pts), Tue 11 Aug). Crude Rs 8,024 (+2.83%). Pharma +1.02%. IT +0.61%. VIX rising.
Updated: 11 Aug 2026 • 4:20 pm
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The Nifty PSU Bank prediction for tomorrow for Wednesday 12 August 2026 is shaped by Tuesday's dominant story: MCX Crude Oil surged 2.83% to Rs 8,024, crossing above Rs 8,000 for the first time, as Iran deal talks stalled definitively. Nifty 50 fell 112 points to 24,471.70 (-0.46%) while UltraTech Cement crashed 2.14%, Nifty FMCG dropped 1.17% and Nifty Auto fell 0.55% on crude input cost shock. Nifty IT (+0.61%) and Nifty Pharma (+1.02%) were the only sectoral gainers through defensive rotation. Nifty PSU Bank is the benchmark index for this prediction for tomorrow. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the Nifty PSU Bank prediction for tomorrow.
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Today's Market Data for the Nifty PSU Bank prediction for tomorrow
| Indicator | Close (Tue 11 Aug, Groww) | Change |
|---|---|---|
| Nifty 50 | 24,471.70 | -112.10 pts (-0.46%) |
| Sensex | 78,154.25 | -388.19 pts (-0.49%) |
| Bank Nifty | 57,446.25 | -240.70 pts (-0.42%); Low: 57,158.70 |
| Nifty IT | 31,823.15 | +0.61%; TCS +0.82%, Infosys +0.65% |
| Nifty Pharma | 26,750.45 | +1.02% ; top sectoral gainer; defensive rotation |
| Nifty FMCG | 48,787.85 | -1.17%; HUL -1.07%, ITC -1.29% |
| Nifty Auto | 29,458.55 | -0.55%; crude above Rs 8,000 headwind |
| Nifty Private Bank | 27,380.35 | -0.56%; Axis Bank -1.40% |
| Nifty PSU Bank | 8,640.25 | +0.01%; essentially flat; SBI -0.47% |
| Nifty Metal | 13,100.80 | -0.95%; Hindustan Zinc -1.43% |
| UltraTech Cement | Rs 11,780 (-2.14%) | Biggest large-cap loser; crude pet coke shock |
| MCX Crude Oil | Rs 8,024/bbl (+2.83%) | Above Rs 8,000 for first time; Iran deal stalled |
| MCX Gold | Rs 1,52,762/10g (+0.60%) | H: Rs 1,54,074; safe-haven demand continues |
| MCX Silver | Rs 2,37,600/kg (-0.05%) | H: Rs 2,43,000 then sharp reversal; volatile |
| MCX Copper | Rs 1,383/kg (+0.44%) | Industrial metals mildly positive |
| MCX Zinc | Rs 394.10/kg (+0.09%) | Near flat; supply deficit intact |
| MCX Natural Gas | Rs 265.10/MMBTU (-0.49%) | Consolidating after Monday's +3.33% surge |
| India VIX | Est. 12.50-12.80 | Rising as breadth turned broadly negative |
Crude Above Rs 8,000: The Nifty PSU Bank prediction for tomorrow Central Context
MCX Crude Oil at Rs 8,024 (+2.83%) on Tuesday is the biggest single commodity development of this week. The crude price has risen from Rs 7,356 on Friday August 7 to Rs 8,024 on Tuesday August 11 ; a 9.1% surge in three trading sessions. Ankit Jaiswal identifies this as the defining macro variable for tomorrow: at Rs 8,024, crude is creating multi-sector simultaneous headwinds across auto, FMCG, cement, chemicals and consumer durables.
Kunal Singla notes that Nifty Pharma gaining 1.02% and Nifty IT gaining 0.61% on Tuesday confirms the market is rotating defensively ; selling crude-sensitive sectors and buying crude-insensitive ones. for tomorrow, this rotation is expected to continue on Wednesday unless a formal Iran deal or OPEC+ announcement reverses crude's trajectory overnight.
Key Factors for the Nifty PSU Bank prediction for tomorrow
- Nifty PSU Bank closed at +0.01% (essentially flat) on Tuesday despite SBI falling 0.47% to Rs 1,066. for tomorrow, this is a positive signal: the PSU banking sector stabilised at the index level even as SBI's Day 3 post-Q1 profit booking continued. Bank of Baroda and other PSU banks held their levels and offset SBI's decline.
- SBI at Rs 1,066 (-0.47% Tuesday) opened at Rs 1,071 (Monday's close) and fell to a low of Rs 1,060.40 before closing at Rs 1,066. for tomorrow, the intraday recovery from Rs 1,060.40 to Rs 1,066 confirms buyers are active near Rs 1,060-1,065. Ankit Jaiswal identifies this as a confirmed accumulation zone for the Nifty PSU Bank prediction for tomorrow.
- Day 3 of post-Q1 result profit booking for SBI is tomorrow's most important timing factor. In three previous SBI Q1 result cycles, Day 3 was the last day of heavy booking, with Day 4 (Wednesday) seeing SBI stabilise or recover. For the Nifty PSU Bank prediction for tomorrow, SBI opening above Rs 1,065 Wednesday without new selling is the signal that the booking cycle has exhausted.
- Crude at Rs 8,024 creates a secondary headwind for the Nifty PSU Bank prediction for tomorrow through energy sector GNPA risk: PSU banks have significant energy sector loan books (ONGC, BPCL, gas distributors). Higher crude improves energy sector balance sheets for ONGC-type borrowers while potentially compressing BPCL-type refiner margins, creating a mixed Nifty PSU Bank prediction for tomorrow credit risk picture.
Technical Levels for the Nifty PSU Bank prediction for tomorrow
| Level | Zone |
|---|---|
| Key Support | 8,580-8,620 |
| Secondary Support | 8,480-8,530 |
| Immediate Resistance | 8,680-8,720 |
| Key Resistance | 8,800-8,860 |
Stocks to Watch for the Nifty PSU Bank prediction for tomorrow
SBI: CMP Rs 1,066 (-0.47% Tue). Ankit Jaiswal flags entry Rs 1,060-1,070, target Rs 1,092, SL Rs 1,048. SBI is the Nifty PSU Bank prediction for tomorrow primary stock. Day 3 post-Q1 booking near exhaustion. Rs 1,060-1,070 is the confirmed accumulation zone. Stop Rs 1,048.
Bank of Baroda: CMP Rs 252 est.. Kunal Singla flags entry Rs 248-253, target Rs 265, SL Rs 238. Bank of Baroda offset SBI's Tuesday decline to keep Nifty PSU Bank flat. It is the Nifty PSU Bank prediction for tomorrow sector breadth indicator.
HDFC Bank: CMP Rs 729. Ankit Jaiswal flags entry Rs 724-730, target Rs 748, SL Rs 712. HDFC Bank private banking recovery context is tracked alongside the Nifty PSU Bank prediction for tomorrow for the PSU-private rotation normalisation signal.
Screen All Stocks Live on Univest for the Nifty PSU Bank prediction for tomorrow
Strategy for the Nifty PSU Bank prediction for tomorrow
- Rs 8,580-8,620 is the Nifty PSU Bank prediction for tomorrow primary support.
- SBI above Rs 1,068 at Wednesday open = Day 3 post-Q1 booking exhausted; Nifty PSU Bank prediction for tomorrow recovery signal.
- Rs 8,680-8,720 is the first Nifty PSU Bank prediction for tomorrow resistance.
- Kunal Singla recommends accumulating SBI at Rs 1,060-1,070 for the Nifty PSU Bank prediction for tomorrow recovery trade with Rs 1,048 stop-loss.
Risks to the Nifty PSU Bank prediction for tomorrow
- SBI continuing Day 3 booking below Rs 1,060 Wednesday, extending PSU banking weakness in the Nifty PSU Bank prediction for tomorrow.
- Bank of Baroda and other PSU banks following SBI lower, creating sector-wide Nifty PSU Bank prediction for tomorrow decline.
- Crude above Rs 8,024 raising energy sector GNPA risk concerns for PSU bank loan books in the Nifty PSU Bank prediction for tomorrow.
Conclusion
The Nifty PSU Bank prediction for tomorrow for Wednesday 12 August 2026 is dominated by crude oil at Rs 8,024 ; above Rs 8,000 for the first time. Ankit Jaiswal of Univest identifies 8,580-8,620 as the primary support and 8,680-8,720 as the resistance for the Nifty PSU Bank prediction for tomorrow on Wednesday. The defensive sectors (IT and Pharma) provide tomorrow's positive carry-forwards; crude-sensitive sectors (auto, FMCG, cement) face continued headwinds until energy prices moderate.
Kunal Singla of Univest notes that the Nifty PSU Bank prediction for tomorrow for Wednesday has two binary outcomes overnight: Iran deal confirmed = sharp crude reversal and sector rotation back to auto, FMCG, cement; deal stalled = crude sustains above Rs 7,900-8,000 and defensive IT/Pharma rotation continues. Check Brent Crude pre-market Wednesday morning as the first Nifty PSU Bank prediction for tomorrow direction signal.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Nifty Psu Bank Prediction For Tomorrow, 12 August 2026
What is the Nifty PSU Bank prediction for tomorrow, 12 August 2026?
Ans. The Nifty PSU Bank prediction for tomorrow is neutral to cautiously positive. The index closed +0.01% (flat) on Tuesday despite SBI -0.47%, as other PSU banks offset the decline. SBI Day 3 post-Q1 booking expected to exhaust Wednesday. Support is 8,580-8,620 and resistance is 8,680-8,720 in the Nifty PSU Bank prediction for tomorrow.
Which analysts prepared the Nifty PSU Bank prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the Nifty PSU Bank prediction for tomorrow using Groww-confirmed Tuesday data: Nifty PSU Bank 8,640.25 (+0.01%), SBI Rs 1,066 (-0.47%), intraday low Rs 1,060.40.
What does SBI's intraday recovery from Rs 1,060 mean for the Nifty PSU Bank prediction for tomorrow?
Ans. SBI fell to Rs 1,060.40 Tuesday before recovering to close at Rs 1,066. This intraday recovery confirms buyers are active at Rs 1,060-1,065. For the Nifty PSU Bank prediction for tomorrow, SBI holding above Rs 1,060 at Wednesday's open confirms Day 3 post-Q1 booking is exhausting.
What is Nifty PSU Bank support and resistance for the prediction for tomorrow?
Ans. Support is 8,580-8,620 and 8,480-8,530. Resistance is 8,680-8,720 and 8,800-8,860 in the Nifty PSU Bank prediction for tomorrow.
What stocks are watched in the Nifty PSU Bank prediction for tomorrow?
Ans. SBI (Day 3 booking exhaustion signal, Rs 1,060-1,070 accumulation), Bank of Baroda (sector breadth indicator) and HDFC Bank (PSU-private rotation normalisation context) are the three stocks in the Nifty PSU Bank prediction for tomorrow.
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