Stock Market Prediction for Tomorrow: Nifty and Sensex Extend Monday's Rally Into 28 July 2026 Expiry

The stock market prediction for tomorrow, Tuesday 28 July 2026, is bullish after the Nifty 50 closed at 23,995.95, up 228.50 points or 0.96%, just short of the 24,000 mark it briefly touched during the session. The Sensex closed at 76,835.78, up 776.01 points or 1.02%, wiping out virtually all of last week's five-day decline in a single session. India VIX, the market's fear gauge, crashed 9.91% to 12.64, its lowest close in weeks, confirming that the panic priced in last week has unwound almost entirely.

Ankit Jaiswal, Senior Research Analyst at Univest, leads this stock market prediction for tomorrow, with Kunal Singla, Associate Director, tracking the derivatives setup into Tuesday's July F&O expiry, the biggest event risk left in the week.

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Stock Market Prediction for Tomorrow: Monday's Closing Scoreboard

Index	Close	Change
Nifty 50	23,995.95	+0.96%
Sensex	76,835.78	+1.02%
Bank Nifty	57,087.20	+0.69%
India VIX	12.64	-9.91%
Nifty IT	29,441.90	+2.34%

Every major gauge closed green, and the scale of the VIX collapse is what elevates Monday from a routine bounce to a genuine sentiment reversal in the stock market prediction for tomorrow. IT once again led the pack, closing up more than double the benchmark move, while a near-10% single-day fall in volatility shows options writers have stopped pricing in further downside. This stock market prediction for tomorrow reads that combination as a durable shift, not a one-session accident.

What Is Driving the Stock Market Prediction for Tomorrow

IT stocks did the heavy lifting through the close. Infosys, still digesting last week's Q1 results, finished at Rs 1,079.20, up 3.68%, while TCS closed at Rs 2,295.60, up 1.83%, both extending Friday's post-results recovery into a second strong session.

• Broad sector participation: Auto closed up 1.60%, Pharma up 1.56%, FMCG up 1.04% and Metal up 0.60%, showing Monday's rally was not confined to IT.
• Volatility collapse: India VIX fell below 13 to close at 12.64, its steepest single-day drop in weeks.
• Banking mixed but net positive: Bank Nifty closed up 0.69% even though HDFC Bank finished lower, at Rs 739.55, down 0.44%.
• Expiry day ahead: Tuesday, 28 July is the July F&O settlement, and today's closing positions will roll into that session with extra volume.

Screen today's top gainers and sector leaders on the Univest Screener

Sector and Stock Signals for Tomorrow

Stock	Close	Change
Reliance Industries	Rs 1,280.00	+0.16%
HDFC Bank	Rs 739.55	-0.44%
ICICI Bank	Rs 1,445.70	+0.89%
TCS	Rs 2,295.60	+1.83%
Infosys	Rs 1,079.20	+3.68%

Infosys and TCS closed as the clear leaders of the pack, both well above the breakout levels flagged after Friday's session, while Reliance Industries closed barely changed and HDFC Bank was the only heavyweight in the red. That split matters for the stock market prediction for tomorrow: Monday's rally was led narrowly by IT and financials outside HDFC Bank, and broader confirmation from the index's two largest weights would make Tuesday's follow-through far more convincing.

Kunal Singla observes that a close this strong heading into an expiry session typically produces one of two outcomes: continuation as fresh longs roll into the August series, or a bout of profit booking as July positions square off. He is watching whether HDFC Bank and Reliance can turn decisively positive on Tuesday, since that would confirm Monday's gains as the start of a genuine trend rather than a single relief-driven session.

Stock Market Prediction for Tomorrow: Nifty, Sensex and Bank Nifty Levels

• Nifty 50: Support at 23,891, then 23,767, Friday's close; resistance at the psychological 24,000, already tested intraday with a high of 24,011.60, then 24,100.
• Sensex: Support at 76,517, resistance at 76,901, Monday's high, opening the door to 77,000.
• Bank Nifty: Support at 56,928, resistance at 57,330, Monday's high, then 57,500.
• Reading the rejection: Nifty 50 trading above 24,000 intraday and closing just under it is a mild rejection at the round number, making Tuesday's expiry session the real test of that level.

Ankit Jaiswal notes that a decisive close above 24,000 on the Nifty 50, even amid Tuesday's expiry volatility, would confirm Monday as a genuine trend-change session rather than a one-day bounce.

How to Trade the Stock Market Prediction for Tomorrow

The stock market prediction for tomorrow favours momentum traders leaning into strength above Monday's highs with tight stops, given the expiry-day volatility likely on Tuesday, while positional investors may prefer to wait for a confirmed close above 24,000 before adding fresh exposure. IT leadership through Nifty IT already looks confirmed; the swing factor is whether banking and energy heavyweights join in and broaden the base.

Download the Univest iOS App or Univest Android App to track live Nifty, Sensex and Bank Nifty levels through Tuesday's expiry.

Conclusion

The stock market prediction for tomorrow, 28 July 2026, is bullish with the Nifty 50 closing at 23,995.95 and the Sensex up 776 points, driven by IT sector leadership, a near-10% VIX collapse and broad sector participation. Ankit Jaiswal and Kunal Singla expect Tuesday's F&O expiry to add volatility in both directions, with a close above Nifty 24,000 as the key confirmation to watch. This content is educational; consult a SEBI-registered advisor before trading.

Disclaimer

FAQs

What is the stock market prediction for tomorrow, 28 July 2026?

Ans. The stock market prediction for tomorrow is bullish. The Nifty 50 closed at 23,995.95, up 0.96%, and the Sensex closed at 76,835.78, up 1.02%, on Monday, with India VIX crashing 9.91% to 12.64.

Why did markets rally sharply on Monday, 27 July 2026?

Ans. IT sector strength led by Infosys, up 3.68%, and TCS, up 1.83%, combined with a near-10% collapse in India VIX to erase almost all of last week's five-day decline in a single session.

Did the Nifty 50 cross 24,000 on Monday?

Ans. The index touched an intraday high of 24,011.60, briefly trading above 24,000, before closing just under it at 23,995.95, a mild rejection that makes Tuesday's session the real test of that level.

What is the July F&O expiry and how does it affect tomorrow's session?

Ans. The July derivatives series settles on Tuesday, 28 July 2026. Rollover flows into that expiry typically add volatility, and Monday's strong close will carry extra positioning into the session.

What are the key Nifty 50 and Sensex levels for tomorrow?

Ans. Nifty 50 has support at 23,891 and resistance at 24,000 to 24,100, while the Sensex has support at 76,517 and resistance at 76,901 opening toward 77,000.

Which stocks are leading the stock market prediction for tomorrow?

Ans. Infosys and TCS are the clear leaders, closing up 3.68% and 1.83% respectively, while HDFC Bank was the only major heavyweight to close lower on Monday.

Should investors buy stocks based on this prediction for tomorrow?

Ans. The flagged approach is watching for a confirmed close above Nifty 24,000 before adding fresh exposure, given expiry-day volatility ahead. Consult a SEBI-registered advisor before making investment decisions.