Stock Watch — April 9, 2026#
Market Day Summary | Not investment advice
📊 INDICES#
| Index | Prev Close (Apr 8) | Change | % Change |
|---|
| Nifty 50 | 23,997 | ↗️ +874 | +3.78% |
| Nifty Bank | 55,704 | ↗️ +2,988 | +5.66% |
| FinNifty | 26,053 | ↗️ +1,368 | +5.53% |
| Nifty IT | ~41,800 | ↗️ ~+500 | +1.2% |
All indices closed at new highs on US-Iran ceasefire and RBI policy hold.
🏦 BANKS — Digital Payments Focus#
| Bank | Symbol | Prev Close | Change % | Key Levels | Expectation |
|---|
| HDFC Bank | HDFCBANK | ~₹1,850 | +5.6% | R: 1,920 / S: 1,780 | Strong rally post RBI policy |
| ICICI Bank | ICICIBANK | ~₹1,285 | +4.8% | R: 1,350 / S: 1,240 | Bullish momentum |
| State Bank | SBIN | ~₹1,061 | +3.0% | R: 1,100 / S: 1,020 | Supportive |
| Axis Bank | AXISBANK | ~₹1,333 | +5.6% | R: 1,400 / S: 1,280 | Outperformer |
| Kotak Bank | KOTAKBANK | ~₹1,780 | +4.7% | R: 1,850 / S: 1,720 | Steady |
💳 FINTECH — Pure Play#
Tier B1: Digital Payments & Wallets#
| Symbol | Company | Close (Apr 8) | Change % |
|---|
| PAYTM | One97 Communications | ₹1,113 | +8.2% |
| MOBIKWIK | MobiKwik | ~₹120 | Flat |
Tier B2: Insurance & Credit#
| Symbol | Company | Close (Apr 8) | Change % |
|---|
| PBFINTECH | PB Fintech | ~₹4,200 | +2.1% |
Tier B3: Payment Infrastructure#
| Symbol | Company | Close (Apr 8) | Change % |
|---|
| INFIBEAM | Infibeam Avenues | ~₹55 | +1.5% |
| PINELABS | Pine Labs | ~₹780 | +0.8% |
| NPST | Network People | ~₹165 | +3.2% |
Tier B4: Payments Banking & Cards#
| Symbol | Company | Close (Apr 8) | Change % |
|---|
| FINOPB | Fino Payments Bank | ~₹126 | Flat |
| SBICARD | SBI Cards | ~₹680 | +4.2% |
Tier B5: ATM & Cash (Peripheral)#
| Symbol | Company | Close (Apr 8) | Change % |
|---|
| AGSTRA | AGS Transact | ~₹18 | -2.1% ⚠️ CIRP |
📰 Sector News#
• US-Iran Ceasefire: Markets surged on geopolitical relief; oil prices dropped below $100/barrel
• RBI Policy: Repo rate held at 5.25%; GDP forecast raised to 7.6% for FY26
• UPI Milestone: March 2026 UPI volume hit ₹29.53 lakh crore across 22.6B transactions
• Toll Payments: Cash banned at highway toll plazas from April 10; UPI mandatory
• RBI Security: Two-factor authentication compulsory for digital payments from April 1
Sources: Moneycontrol, NSE India, Economic Times Markets
Disclaimer: AI-generated for educational purposes. Not investment advice.