Stock Watch — April 10, 2026#
Market Day Summary | Not investment advice
📊 INDICES#
| Index | Prev Close (Apr 9) | Change | % Change |
|---|
| Nifty 50 | 23,775 | ➡️ Flat | 0.00% |
| Nifty Bank | ~54,590 | ↘️ ~-2% | -2.0% |
| FinNifty | ~26,053 | ➡️ Flat | Flat |
| Nifty IT | ~41,800 | ➡️ Flat | Flat |
SGX Nifty pre-market: ~23,850 (+0.3%). Markets cautious on fragile US-Iran ceasefire.
🏦 BANKS — Digital Payments Focus#
| Bank | Symbol | Prev Close | Change % | Key Levels | Expectation |
|---|
| HDFC Bank | HDFCBANK | ~₹1,850 | -2.5% | R: 1,920 / S: 1,780 | Pullback after rally |
| ICICI Bank | ICICIBANK | ~₹1,285 | -2.0% | R: 1,350 / S: 1,240 | Consolidation |
| State Bank | SBIN | ~₹1,061 | -2.8% | R: 1,100 / S: 1,020 | Weak |
| Axis Bank | AXISBANK | ~₹1,333 | -3.0% | R: 1,400 / S: 1,280 | Underpressure |
| Kotak Bank | KOTAKBANK | ~₹1,780 | -1.8% | R: 1,850 / S: 1,720 | Defensive |
Bank Nifty snapped 5-day winning run, down 2%. Banks lag post-RBI policy boost.
💳 FINTECH — Pure Play#
Tier B1: Digital Payments & Wallets#
| Symbol | Company | Close (Apr 9) | Change % |
|---|
| PAYTM | One97 Communications | ~₹1,113 | Flat |
| MOBIKWIK | MobiKwik | ~₹120 | Flat |
Tier B2: Insurance & Credit#
| Symbol | Company | Close (Apr 9) | Change % |
|---|
| PBFINTECH | PB Fintech | ~₹4,200 | +1.5% |
Tier B3: Payment Infrastructure#
| Symbol | Company | Close (Apr 9) | Change % |
|---|
| INFIBEAM | Infibeam Avenues | ~₹55 | Flat |
| PINELABS | Pine Labs | ~₹780 | Flat |
| NPST | Network People | ~₹165 | +1.2% |
Tier B4: Payments Banking & Cards#
| Symbol | Company | Close (Apr 9) | Change % |
|---|
| FINOPB | Fino Payments Bank | ~₹126 | -0.5% |
| SBICARD | SBI Cards | ~₹680 | -1.5% |
Tier B5: ATM & Cash (Peripheral)#
| Symbol | Company | Close (Apr 9) | Change % |
|---|
| AGSTRA | AGS Transact | ~₹18 | ⚠️ Under CIRP |
📰 Sector News#
• TCS Q4: Net profit jumped 29% QoQ to ₹13,718 crore; revenue beat estimates; ₹31 dividend
• World Bank: India FY27 growth forecast at 6.6% with downside risks
• Oil: Crude above $97/barrel on Hormuz concerns despite ceasefire
• Currency: RBI’s biggest clampdown in decade on forex; USD/INR at ~84.2
Sources: Moneycontrol, NSE India, Economic Times Markets
Disclaimer: AI-generated for educational purposes. Not investment advice.
Summary as of 8:20 AM IST, April 10, 2026