Stock Watch — July 1, 2026#
Market Day Summary | Not investment advice
📊 INDICES#
| Index | Prev Close | Change | % Change |
|---|
| Nifty 50 | 23,865.75 | −80.50 | −0.34% |
| Nifty Bank | 57,542.90 | −184.45 | −0.32% |
| FinNifty | 26,554.55 | −43.80 | −0.16% |
| Nifty IT ⚠️ | 26,299.05 | −739.45 | −2.74% |
GIFT Nifty (Pre-market): 23,987 (−17.50, −0.07%) — Signals muted start for Dalal Street.
Key levels: Support at 23,800; Resistance at 24,000. Break below 23,800 may trigger correction; hold above could see recovery.
🏦 BANKS — Digital Payments Focus#
| Bank | Symbol | Prev Close (₹) | Day Change | Chg % | Trend |
|---|
| HDFC Bank | HDFCBANK | 797.95 | −0.95 | −0.12% | ➡️ |
| ICICI Bank | ICICIBANK | 1,375.20 | −12.40 | −0.89% | ↘️ |
| State Bank of India | SBIN | 1,026.90 | −9.20 | −0.89% | ↘️ |
| Axis Bank | AXISBANK | 1,345.70 | −11.10 | −0.82% | ↘️ |
| Kotak Mah. Bank | KOTAKBANK | 392.25 | −3.25 | −0.82% | ↘️ |
Key Bank News:
- HDFC Bank appointed ex-finance secretary Rajiv Kumar as part-time chairman
- Jefferies retained ‘Buy’ on HDFC Bank with target ₹1,050
- SBI was the most active bank stock in value terms (₹2,535 cr turnover)
💳 FINTECH — Pure Play#
Tier B1: Digital Payments & Wallets#
| Company | Symbol | Prev Close (₹) | Day Change | Chg % | Trend |
|---|
| Paytm | PAYTM | 1,141.50 | +8.40 | +0.74% | ↗️ |
| MobiKwik | MOBIKWIK | 199.85 | −0.29 | −0.14% | ➡️ |
Tier B2: Insurance & Credit Marketplaces#
| Company | Symbol | Prev Close (₹) | Day Change | Chg % | Trend |
|---|
| PB Fintech (PolicyBazaar) | PBFINTECH | 1,628.60 | +5.50 | +0.34% | ↗️ |
Tier B3: Payment Infrastructure & Gateways#
| Company | Symbol | Prev Close (₹) | Day Change | Chg % | Trend |
|---|
| Infibeam Avenues | INFIBEAM | N/A* | N/A | N/A | — |
| Pine Labs | PINELABS | 156.76 | −1.75 | −1.10% | ↘️ |
| NPST | NPST | 1,618.60 | +35.20 | +2.22% | ↗️ |
* Infibeam Avenues has been proposed to be renamed AvenuesAI; Yahoo Finance ticker unavailable. Check NSE/BSE for latest data.
Tier B4: Payments Banking & Cards#
| Company | Symbol | Prev Close (₹) | Day Change | Chg % | Trend |
|---|
| Fino Payments Bank | FINOPB | 143.29 | −2.35 | −1.61% | ↘️ |
| SBI Cards | SBICARD | 593.20 | −8.70 | −1.45% | ↘️ |
Tier B5: ATM & Cash (Peripheral)#
| Company | Symbol | Prev Close (₹) | Day Change | Chg % | Trend |
|---|
| AGS Transact ⚠️ | AGSTRA | 2.56 | 0.00 | 0.00% | ➡️ |
⚠️ AGS Transact Technologies remains under Corporate Insolvency Resolution Process (CIRP). Trade with extreme caution.
📰 Sector News#
- Nifty IT hits fresh 52-week low (26,425.85) — Infosys, TCS, Wipro tumbled up to 3% on US Fed rate hike fears
- Sensex ends 250 pts lower at 76,479; Nifty below 23,900 for 2nd consecutive session
- India VIX at 13.48 (slightly down) — low volatility but cautious sentiment
- Dalal Street bets on strong July — Over past 10 years, Nifty ended July positive 8 of 10 times, avg gain 3.1%
- Rupee depreciated 14 paise to ₹94.65 vs USD
- FII moderation — FII outflows declining, providing near-term support
- Monsoon concern — “Super El Niño” triggered weakest monsoon start in a decade; 56% of GDP tied to consumption
- Oil — Brent at ~$73/bbl, set for steepest quarterly loss since 2020; Iran says no meeting with US envoys
- Wall Street — S&P 500 posted best quarter since 2020 (+9.6% H1); Nasdaq +12.8% H1
- Delhi EV Policy approved — ₹15,000 cr outlay over 4 years; Ola Electric, Ather Energy surged up to 11%
- Fibe (MobiKwik parent) files DRHP for ₹750 cr IPO with SEBI
Sources: Economic Times, Moneycontrol, NSE India, Business Standard
Disclaimer: AI-generated for educational purposes. Not investment advice.
Summary as of 08:15 IST, July 1, 2026