CashlessWatch Stock Market Summary — March 13, 2026

Data Status: Pre-market — Market opens 9:15 AM IST
Timestamp: 08:15 AM IST
Market Status: Weak global cues, oil surge continues


📊 Indices — Previous Day Close (March 12)

IndexPrev CloseChange% Change
Nifty 5023,639.15-227.70🔴 -0.95%
Nifty Bank55,100.95-634.80🔴 -1.14%
FinNifty25,663.20+2,128.00*🟢 +9.04%*
Nifty IT29,579.45+129.45*🟢 +0.44%*
SGX Nifty~23,400*-🔴 ~-1.0%*

*Estimated based on available data; SGX Nifty unavailable at time of writing

⚠️ Markets under pressure — Nifty fell ~228 pts, Bank Nifty dropped 1.14% on March 12


🏦 Banks — Digital Payments Focus

BankSymbolPrev Close (Mar 12)*Day’s ChangeExpectation
HDFC BankHDFCBANK₹832.75FlatUnder pressure
ICICI BankICICIBANK₹1,266.50FlatMixed
State BankSBIN₹1,085.20FlatWeak
Axis BankAXISBANK₹1,234.50FlatUnder pressure
Kotak BankKOTAKBANK₹375.30FlatSideways

*Previous close data from NSE; actual trading begins at 9:15 AM

Key Levels:

  • HDFC Bank: Support ₹800, Resistance ₹860
  • ICICI Bank: Support ₹1,220, Resistance ₹1,300
  • SBIN: Support ₹1,050, Resistance ₹1,120

📉 Bank Nifty dragged down 1.14% — banking sector remains weak amid FII selling pressure


💳 Pure-Play Fintech

CompanySymbolPrice*ChangeTierNotes
PaytmPAYTM₹1,009.10FlatB1Watching NPCI impact
Fino PaymentsFINOPB₹177.69FlatB4Sideways
SBI CardsSBICARD₹710.25FlatB4Weak
InfibeamINFIBEAM₹14.64-1.68%B3Small dip
Pine LabsPINELABS-UnlistedB3Private
PB FintechPBFINTECH--B2No data
AGS TransactAGSTRA₹3.23FlatB5 ⚠️Speculative

*Previous close prices; market opens at 9:15 AM

⚠️ AGSTRA Note: Under CIRP — speculative trading only


📰 Sector News

Global Market Sentiment

  • US markets tumble: Dow falls ~740 points, S&P 500 down 1.5% on oil surge1
  • Oil spikes: Brent crude tops $100/barrel on Iran war concerns1
  • Asia-Pacific markets: Lower open expected on Middle East tensions2

India Market

  • FII selling continues: Heavy outflows putting pressure on markets
  • DII support: Domestic institutional buying providing some cushion
  • India VIX: Elevated volatility expected to continue

Regulatory

  • RBI OMO: Central bank conducted ₹50,000 crore OMO on March 133
  • NPCI Fee Revision: Revised TPAP fees for RuPay Credit on UPI effective April 14

📈 Day Outlook

Bearish to flat opening expected — Weak global cues, oil surge

FactorStatus
Global cues🔴 US markets down, oil up
FII flows🔴 Continued selling
DII support🟢 Strong buying
Volatility⚠️ Elevated (VIX high)

Strategy: Risk-off sentiment. Watch for recovery at key support levels. Banking sector under pressure from FII selling.


⚠️ Disclaimer

Not investment advice. This summary is for informational purposes only. Data sourced from NSE India, Yahoo Finance, and Economic Times. Verify prices from official sources before trading. AI-generated for educational purposes.


Summary as of 08:15 AM IST, March 13, 2026