Stock Market Prediction for Tomorrow: Nifty Crosses 24,000 as TCS Surges 5%

The stock market prediction for tomorrow, Wednesday 29 July 2026, is bullish with a caution flag after the Nifty 50 crossed the 24,000 mark for the first time in weeks, trading at 24,021.50, up 25.55 points or 0.11%, in Tuesday's early afternoon session. The move looks modest at the index level but hides an explosive story underneath: Nifty IT is up 3.92%, led by TCS surging 5.04% and Infosys gaining 3.28%, while Bank Nifty, ICICI Bank and Nifty FMCG are all trading in the red in the same session. Tuesday, 28 July, is also the July F&O settlement day, so today's closing prints carry extra weight for tomorrow's opening trade in the fresh August series.

Ankit Jaiswal, Senior Research Analyst at Univest, leads this stock market prediction for tomorrow, with Kunal Singla, Associate Director, weighing whether an IT-led breakout can hold once expiry-day positioning clears.

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Stock Market Prediction for Tomorrow: Tuesday's Session So Far

All figures below are captured in early afternoon trade on Tuesday, 28 July 2026, and will move further into the close; use them as a working base and update with the final closing prints once the session ends at 3:30 PM.

Index	Level (intraday)	Change
Nifty 50	24,021.50	+0.11%
Sensex	76,931.40	+0.12%
Bank Nifty	56,990.40	-0.17%
India VIX	12.49	-1.34%
Nifty IT	30,595.60	+3.92%

That table is the whole story in miniature: the headline indices are barely positive while IT is up nearly 4%, which means Nifty IT alone is doing more than the rest of the market combined. A rally this narrow is real, but the stock market prediction for tomorrow has to flag it as fragile until other sectors join in.

What Is Driving the Stock Market Prediction for Tomorrow

TCS is having its best session in months, up 5.04% to Rs 2,411.20, blowing past every level flagged after Monday's close. Infosys is close behind, up 3.28% to Rs 1,114.60, extending its post-results recovery for a third straight session.

• IT sector explosion: Nifty IT is up 3.92%, the single largest sector move of the week, concentrated almost entirely in TCS and Infosys.
• Banking pullback: Bank Nifty is down 0.17% and ICICI Bank has fallen 1.02% to Rs 1,431.00, giving back part of Monday's gains.
• FMCG reversal: Nifty FMCG is down 1.31%, the sharpest sector decline of the session, after leading Monday's rally.
• Expiry settlement today: Tuesday, 28 July is the July F&O expiry; Wednesday opens the August series with a clean slate and no rollover overhang.

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

Sector and Stock Signals for Tomorrow

Stock	Level (intraday)	Change
Reliance Industries	Rs 1,273.50	-0.51%
HDFC Bank	Rs 739.80	+0.03%
ICICI Bank	Rs 1,431.00	-1.02%
TCS	Rs 2,411.20	+5.04%
Infosys	Rs 1,114.60	+3.28%

Outside IT, almost nothing is moving. Reliance Industries is down 0.51%, HDFC Bank is flat, and ICICI Bank is the session's weakest large cap. That split matters for the stock market prediction for tomorrow: a two-stock rally in TCS and Infosys can lift the index today, but a durable move into Wednesday needs financials and energy to stop fading.

Kunal Singla observes that today's expiry settlement means Tuesday's closing prices reset the derivatives base for Wednesday, removing the rollover pressure that shaped Monday's session. He is watching whether ICICI Bank and Reliance stabilise into the close, since a Wednesday session opening fresh, without expiry noise, would make renewed banking weakness harder to explain away.

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

• Nifty 50: Support at 23,962, Tuesday's low so far, then 23,891, Monday's low; resistance at 24,041, Tuesday's high, then 24,100.
• Sensex: Support at 76,705, resistance at 76,988 extending toward 77,000.
• Bank Nifty: Support at 56,791, resistance at 57,054, with a reclaim of 57,330 needed to fully repair Tuesday's dip.
• Caveat: These levels are drawn from a session still in progress; Tuesday's final close will sharpen each one for Wednesday's open.

How to Trade the Stock Market Prediction for Tomorrow

Momentum traders can continue riding TCS and Infosys strength with trailing stops, while positional investors may want to see Tuesday's final close before treating the Nifty 50's move above 24,000 as confirmed. IT leadership is unmistakable; the swing factor for Wednesday is whether banking and FMCG stop bleeding once today's expiry-driven flows clear out.

Download the Univest iOS App or Univest Android App to track live Nifty, Sensex and Bank Nifty levels through the close.

Conclusion

The stock market prediction for tomorrow, 29 July 2026, is bullish but narrow: the Nifty 50 has cleared 24,000 on the back of an explosive TCS and Infosys rally, while banks and FMCG lag behind. Ankit Jaiswal and Kunal Singla want to see broader participation before calling this a confirmed breakout, and will use Tuesday's closing prints, the last of the July series, to sharpen Wednesday's levels. This content is educational; consult a SEBI-registered advisor before trading.

Disclaimer

FAQs

What is the stock market prediction for tomorrow, 29 July 2026?

Ans. The stock market prediction for tomorrow is bullish but narrow. The Nifty 50 crossed 24,000, trading at 24,021.50, up 0.11%, while IT surged 3.92% and banks and FMCG traded lower in Tuesday's session.

Why did the Nifty 50 cross 24,000 on Tuesday, 28 July 2026?

Ans. The move was powered almost entirely by IT stocks. TCS surged 5.04% and Infosys gained 3.28%, pushing Nifty IT up 3.92% and lifting the index even as banking and FMCG stocks traded lower.

Is Tuesday's Nifty 50 breakout above 24,000 reliable?

Ans. The breakout is real but narrow. With Bank Nifty, ICICI Bank and Nifty FMCG all trading lower on the same day, the stock market prediction for tomorrow flags this as fragile until more sectors join the move.

Why is today, 28 July, important for tomorrow's session?

Ans. Tuesday, 28 July is the July F&O expiry settlement day. Wednesday, 29 July opens the fresh August derivatives series without the rollover positioning that shaped Monday's and Tuesday's trade.

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

Ans. Nifty 50 has support at 23,962 and resistance at 24,041 near 24,100, while the Sensex has support at 76,705 and resistance near 76,988 to 77,000, based on Tuesday's session so far.

Which stocks are leading the stock market prediction for tomorrow?

Ans. TCS and Infosys are the clear leaders, up 5.04% and 3.28% respectively, while Reliance Industries, ICICI Bank and Bank Nifty are all trading lower in the same session.

Should investors buy stocks based on this prediction for tomorrow?

Ans. The flagged approach is watching Tuesday's final close and whether banking and FMCG stabilise before treating the 24,000 breakout as confirmed. Consult a SEBI-registered advisor before making investment decisions.