Stock Watch — April 2, 2026

Market Day Summary | Not investment advice

📊 INDICES

IndexPrev CloseChange% Change
Nifty 5022,679+348+1.56%
Nifty Bank51,449+1,173+2.33%
FinNifty~20,100*——
Nifty IT———

GIFT Nifty indicates weak start for today

🏦 BANKS — Digital Payments Focus

BankSymbolPrev CloseChange %Key LevelsExpectation
HDFC BankHDFCBANK739.75+1.12%R: 760, S: 720Range-bound
ICICI BankICICIBANK1,216.50+0.88%R: 1,250, S: 1,190Consolidation
State BankSBIN1,000.75+2.18%R: 1,050, S: 970↗️ Outperformer
Axis BankAXISBANK~1,110—R: 1,150, S: 1,080Q4 results awaited
Kotak BankKOTAKBANK356.05+0.81%R: 370, S: 345Defensive

💳 FINTECH — Pure Play

Tier B1: Digital Payments & Wallets

SymbolCompanyPrev CloseChange %
PAYTMOne97 Communications——
MOBIKWIKMobiKwik——

Tier B2: Insurance & Credit

SymbolCompanyPrev CloseChange %
PBFINTECHPB Fintech——

Tier B3: Payment Infrastructure

SymbolCompanyPrev CloseChange %
INFIBEAMInfibeam Avenues——
PINELABSPine Labs——
NPSTNetwork People——

Tier B4: Payments Banking & Cards

SymbolCompanyPrev CloseChange %
FINOPBFino Payments Bank——
SBICARDSBI Cards——

Tier B5: ATM & Cash ⚠️

SymbolCompanyNote
AGSTRAAGS TransactUnder CIRP

📰 Sector News

  • Market Rally: Sensex/Nifty snapped 2-day losing streak, surged 2%+ on Iran de-escalation hopes (April 1)
  • HSBC Cuts Target Prices: HDFC Bank target lowered to Rs 840 from Rs 990; ICICI Bank to Rs 1,470 due to Iran war Q4 earnings impact
  • Nifty Implied Growth: Third-lowest in a decade at 10.5%
  • Technical Setup: Bearish but improving; Nifty needs to clear 22,800-22,850 for upmove toward 23,000-23,200

Sources: Moneycontrol, NSE India, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice.