Stock Watch — July 10, 2026

Stock Watch — July 10, 2026 Market Day Summary | Not investment advice Summary as of 08:15 IST, July 10, 2026. Last trading session: July 9 (Thursday). 📊 INDICES Index Prev Close (Jul 8) Close (Jul 9) Change % Change Day Range Nifty 50 23,882.05 23,962.80 +80.75 +0.34% 23,926 – 24,135 Nifty Bank 56,742.60 57,252.45 +509.85 +0.90% 56,867 – 57,464 FinNifty 26,323.75 26,482.45 +158.70 +0.60% 26,361 – 26,593 Nifty IT 27,555.20 27,471.25 -83.95 -0.30% 27,015 – 27,646 GIFT Nifty (Jul 10 pre-market): Markets expected to open flat to mildly positive. TCS Q1 FY27 results (post-market Jul 9) boost IT sentiment — net profit up 4.6% to ₹13,349 Cr, revenue up 14% to ₹72,275 Cr. FII net buyers ₹1,963 Cr, DII net buyers ₹790 Cr on Jul 9 — sustained buying interest. Recovery from Jul 8 crash: Wednesday saw a sharp >2% sell-off across indices. Thursday’s recovery was modest — Nifty recouped only a fraction of losses. The 23,800 level remains key support; a break below targets 23,500. Resistance at 24,000-24,135 zone. Key Levels for Nifty 50: R: 24,135 / 24,250 / 24,400. S: 23,800 / 23,650 / 23,500. Key Levels for Bank Nifty: R: 57,464 / 57,800 / 58,200. S: 56,800 / 56,500 / 56,200. ...

July 10, 2026 · 6 min · 1085 words

Fintech Brief — July 10, 2026

Fintech Brief — July 10, 2026 NPCI Approves Agentic AI Payment Protocol — Machines Can Now Pay via UPI India’s National Payments Corporation of India (NPCI) has approved the Unified Agent Protocol (UAP), a new standard that will allow AI agents to initiate and complete UPI payments autonomously, without human intervention at each step. This makes India one of the first countries to build national-level infrastructure for agentic payments. Under the proposed framework, an AI agent could search for a product, compare prices, select the best deal, and execute the UPI payment on the user’s behalf — all without requiring a PIN or OTP for every transaction. NPCI has set guardrails: a per-transaction cap of ₹5,000 and a monthly limit of ₹15,000 to protect consumers. ...

July 10, 2026 · 3 min · 498 words

Fintech Deep Dive — Thursday | July 09, 2026

Fintech Deep Dive — Thursday | July 09, 2026 International & Cross-Border: The week India’s digital payments infrastructure went truly global This week has been extraordinary for India’s international fintech ambitions. From a landmark UPI integration with Indonesia brokered at the head-of-state level, to NPCI partnering with two of the world’s largest banks for real-time forex settlement, to SWIFT’s new retail framework processing a remittance to India in 37 seconds — the cross-border payments narrative has shifted from aspiration to infrastructure. Here are the five biggest stories. ...

July 9, 2026 · 8 min · 1683 words

Fintech Brief — July 09, 2026

Fintech Brief — July 09, 2026 RBI Reasserts Crypto Ban Push as 39 Million Traders Hold $2.1 Billion in Digital Assets The Reserve Bank of India has doubled down on its longstanding opposition to cryptocurrencies, with government documents reviewed by Reuters revealing that the central bank is pushing for a crypto policy “leaning towards prohibition.” The RBI’s position remains that cryptocurrencies should be kept outside the regulated financial system to preserve monetary stability. ...

July 9, 2026 · 3 min · 631 words

Fintech Deep Dive — Wednesday | July 08, 2026

Fintech Deep Dive — Wednesday | July 08, 2026 Theme: Consumer Fintech — Neobanks, BNPL, insurance, digital lending, and the platforms Indians use to manage their money every day. 1. UPI Processes 22.72 Billion Transactions in June — Daily Average Hits All-Time High India’s Unified Payments Interface continues its relentless march, processing 22.72 billion transactions worth ₹28.92 lakh crore in June 2026, according to NPCI data released this week. While monthly volumes dipped marginally (2.1%) from May’s all-time high of 23.20 billion, the average daily transaction count hit a record 757 million — the highest since UPI’s inception. ...

July 8, 2026 · 9 min · 1745 words

Stock Watch — July 8, 2026

Stock Watch — July 8, 2026 Market Day Summary | Not investment advice Summary as of 08:15 IST, July 8, 2026. Last trading session: July 7 (Tuesday). 📊 INDICES Index Prev Close (Jul 7) Change % Change Day Range Nifty 50 24,398.70 -31.65 -0.13% 24,352 – 24,496 Nifty Bank 58,200.70 -90.80 -0.16% 58,070 – 58,477 FinNifty 26,875.05 +12.65 +0.05% 26,844 – 27,097 Nifty IT 27,939.15 +662.70 +2.43% 27,500 – 28,100 GIFT Nifty (Jul 8): 24,254.50, down 129 pts (-0.53%) — signalling a lower opening. India VIX fell 1.44% to 11.65, its lowest close since February 11, indicating increasing comfort among bulls. Key Levels for Nifty 50: Resistance at 24,496 / 24,539 / 24,608. Support at 24,357 / 24,314 / 24,244. Below 24,200, expect stronger selling. Above 24,500, bullish momentum resumes. Key Levels for Bank Nifty: Resistance at 58,477 / 58,588 / 58,768. Support at 58,117 / 58,006 / 57,826. Bullish structure intact despite MACD bearish crossover. Analyst View: Consolidation expected to continue for 1-2 sessions as traders await Q1 FY27 earnings (July 13-17). Broader bullish trend intact — buy-on-dips around 24,200-24,300 support. ...

July 8, 2026 · 5 min · 906 words

Fintech Brief — July 08, 2026

Fintech Brief — July 08, 2026 UPI Set for Integration with Indonesia’s Payment System India’s Unified Payments Interface (UPI) will be integrated with Indonesia’s national payment system, Prime Minister Narendra Modi announced during his two-day state visit to Jakarta. The linkage — announced alongside broader defence and trade pacts between the two nations — marks another milestone in UPI’s expanding international footprint. Indonesia, Southeast Asia’s largest economy with over 270 million people, becomes a significant addition to UPI’s growing list of international linkages that already includes Singapore, UAE, Sri Lanka, Nepal, France, and others. For Indian travellers and businesses operating in Indonesia, the integration will enable real-time, low-cost cross-border payments without intermediary currency conversions. ...

July 8, 2026 · 4 min · 738 words

Fintech Deep Dive — Tuesday | July 07, 2026

Fintech Deep Dive — Tuesday | July 07, 2026 Indian fintech’s funding narrative in the last seven days has been dominated by a blockbuster CRED round and a flurry of IPO filings that signal a return of public-market confidence. From Meta’s strategic investment in CRED to Moneyview, Fibe, and Razorpay all racing toward listings, the sector is entering what may be its busiest IPO season ever. Here are the five biggest stories. ...

July 7, 2026 · 7 min · 1459 words

Fintech Brief — July 07, 2026

Fintech Brief — July 07, 2026 Apple Restores Card Payments in India After Four-Year Hiatus Apple has begun restoring card payments for Apple Account purchases in India, ending a more than four-year suspension that followed RBI’s 2021 recurring payments framework overhaul. Users can now add eligible Visa and Mastercard credit and debit cards to their Apple Account for subscriptions like iCloud+ and Apple Music, as well as App Store purchases. ...

July 7, 2026 · 3 min · 625 words

Fintech Deep Dive — Monday | July 06, 2026

Fintech Deep Dive — Monday | July 06, 2026 This week’s developer and technical theme highlights a pivotal moment for Indian fintech infrastructure. From Meta’s landmark $900 million investment in CRED and the appointment of its founder to lead WhatsApp, to UPI hitting new daily transaction records while expanding to Greece, to the government halting WhatsApp’s username feature over fraud concerns — the intersection of technology, payments infrastructure, and regulation dominated the week. ...

July 6, 2026 · 9 min · 1711 words