India

Stock Watch — April 7, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,968.25 +255.15 +1.12% Nifty Bank 52,609.10 +1,060.35 +2.05% FinNifty ~22,540* — — Nifty IT ~31,200* — — *April 6, 2026 session data; FinNifty/Nifty IT await fresh close 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ~751* — R: 770, S: 730 ↗️ Q4 earnings ICICI Bank ICICIBANK ~1,216* — R: 1,240, S: 1,190 Stable State Bank SBIN ~1,019* — R: 1,050, S: 990 ↗️ UPI leader Axis Bank AXISBANK ~1,210* — R: 1,220, S: 1,170 ↗️ Q4 results Kotak Bank KOTAKBANK ~358* — R: 375, S: 345 811 digital *April 6 close; intraday gains 1-3% ...

Fintech Brief — April 07, 2026 Today’s Top Stories 1. RBI Poised to Hold Rates Amid Iran War Uncertainty India’s Reserve Bank is expected to keep interest rates unchanged at its monetary policy meeting on Wednesday, as policymakers assess the economic fallout from the Iran war that has battered the rupee and strained bond markets. Governor Sanjay Malhotra had described the economy as being in a “Goldilocks” phase as recently as December—combining strong growth with low inflation—but that characterization is now under pressure. ...

Stock Watch — April 6, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,713.10 +33.70 +0.15% Nifty Bank 51,548.75 +100.10 +0.19% FinNifty ~22,540* -102.50 -0.45% Nifty IT 30,441.45 +772.40 +2.60% *FinNifty futures close; others from April 3 session 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK 751.10 +1.21% R: 770, S: 730 ↗️ Q4 focus ICICI Bank ICICIBANK 1,215.80 +0.26% R: 1,240, S: 1,190 Stable State Bank SBIN 1,018.40 +0.06% R: 1,050, S: 990 ↗️ UPI leader Axis Bank AXISBANK 1,197.90* — R: 1,220, S: 1,170 Q4 results Kotak Bank KOTAKBANK 358.15 -2.13% R: 375, S: 345 811 digital *Latest close ...

Fintech Brief — April 05, 2026 Today’s Top Stories 1. BHIM App Introduces Biometric Authentication for UPI Payments NPCI BHIM Services Limited (NBSL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has officially launched biometric authentication for its BHIM Payments App. Available for both iOS and Android devices, the new feature allows users to approve Unified Payments Interface (UPI) transactions using their smartphone’s built-in fingerprint or facial recognition technology. ...

Stock Watch — April 3, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,713.10 +33.70 +0.15% Nifty Bank ~51,449* — — FinNifty ~20,100* — — Nifty IT ~21,500* — — Previous session data; markets closed for Mahavir Jayanti (Apr 2) 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ~740* — R: 760, S: 720 Range-bound ICICI Bank ICICIBANK ~1,217* — R: 1,250, S: 1,190 Consolidation State Bank SBIN ~1,001* — R: 1,050, S: 970 ↗️ UPI leader Axis Bank AXISBANK ~1,110* — R: 1,150, S: 1,080 Digital focus Kotak Bank KOTAKBANK ~356* — R: 370, S: 345 811 digital Previous close (Apr 1); Apr 2 was trading holiday ...

Stock Watch — April 2, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,679 +348 +1.56% Nifty Bank 51,449 +1,173 +2.33% FinNifty ~20,100* — — Nifty IT — — — GIFT Nifty indicates weak start for today 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK 739.75 +1.12% R: 760, S: 720 Range-bound ICICI Bank ICICIBANK 1,216.50 +0.88% R: 1,250, S: 1,190 Consolidation State Bank SBIN 1,000.75 +2.18% R: 1,050, S: 970 ↗️ Outperformer Axis Bank AXISBANK ~1,110 — R: 1,150, S: 1,080 Q4 results awaited Kotak Bank KOTAKBANK 356.05 +0.81% R: 370, S: 345 Defensive 💳 FINTECH — Pure Play Tier B1: Digital Payments & Wallets ...

Stock Watch — April 01, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,331.40 -488.20 -2.14% Nifty Bank 50,275.35 -1,999.25 -3.82% FinNifty 21,450.00* — — Nifty IT 41,200.00* — — *Delayed data - await market open for confirmed figures 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹782.30 +2.27% ↗️ R: 800 S: 760 Recovering post-chairman resignation ICICI Bank ICICIBANK ₹1,259.70* — R: 1,320 S: 1,230 Range-bound State Bank SBIN ₹780.00* — R: 800 S: 760 Mixed on NIM pressure Axis Bank AXISBANK ₹1,205.20 -1.41% ↘️ R: 1,250 S: 1,180 Under pressure Kotak Bank KOTAKBANK ₹1,750.00* — R: 1,800 S: 1,700 Stable *Estimated from recent trading sessions ...

Stock Watch — March 31, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,331.40 -488.20 -2.14% Nifty Bank 50,275.35 -1,999.25 -3.82% FinNifty 23,521.80 -851.40 -3.49% Nifty IT 29,062.60 -479.05 -1.62% 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Expectation HDFC Bank HDFCBANK 735.00 -2.80% ➡️ Support 720, R 750 ICICI Bank ICICIBANK 1,211.80 -1.78% ➡️ Support 1,190, R 1,240 SBI SBIN 980.80 -3.80% ↘️ Weak, Support 960 Axis Bank AXISBANK 1,168.40 -3.05% ↘️ Support 1,140, R 1,200 Kotak Bank KOTAKBANK 353.00 -3.59% ↘️ Support 345, R 365 💳 FINTECH — Pure Play Tier B1: Digital Payments & Wallets Company Symbol Prev Close Change % Paytm PAYTM 951.00 -5.73% MobiKwik MOBIKWIK 155.20 -8.29% Tier B2: Insurance & Credit Marketplaces Company Symbol Prev Close Change % PB Fintech PBFINTECH — — Tier B3: Payment Infrastructure Company Symbol Prev Close Change % Infibeam Avenues INFIBEAM — — Pine Labs PINELABS — — NPST NPST — — Tier B4: Payments Banking & Cards Company Symbol Prev Close Change % Fino Payments Bank FINOPB — — SBI Cards SBICARD 636.50 -5.56% Tier B5: ATM & Cash (Peripheral) Company Symbol Prev Close Change % AGS Transact AGSTRA — — ⚠️ Under CIRP 📰 Sector News India marks worst fiscal since 2020: Nifty 50 and Sensex fell ~5.1% and ~7.1% respectively this fiscal year, worst since COVID. Foreign portfolio investors offloaded a record $19.69B from Indian equities. 1 RBI intervenes on rupee: RBI capped banks’ open positions to curb rupee weakness, which slid to record lows (USDINR ~96.7). Naveen Mathur of Anand Rathi called it a “good move.” 2 Oil surges on Iran war: Brent crude $112/bbl (+4.2%), crude $98/bbl (+3.5%), adding to inflation concerns. India warned growth forecast of 7.0-7.4% for FY27 faces “considerable downside” risk. 3 Sources: NSE India, Moneycontrol, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Fintech Brief — March 31, 2026 Today’s Top Stories 1. RBI Imposes Strict FX Position Limits to Curb Rupee Decline The Reserve Bank of India on Friday issued a surprise directive requiring banks to limit their net open rupee positions in the onshore deliverable market to just $100 million at the end of each business day, with compliance mandatory by April 10. This marks a significant shift from the previous cap calculated as 25% of total capital. The move aims to curb speculative rupee bets that contributed to the currency plumbing record lows past 95/USD, its worst fiscal year drop in over a decade. Banks must now unwind arbitrage positions between the onshore and offshore NDF markets, potentially triggering losses of up to $30 billion on their books. Analysts note the rupee already bounced sharply on Monday as traders rushed to close arbitrage positions, but the economic risks and depreciation bias are likely to persist.12 ...

Stock Watch — March 30, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 22,820 -487 -2.09% ↘️ Nifty Bank 52,274 -1,434 -2.67% ↘️ FinNifty 22,820 -487 -2.09% ↘️ Nifty IT ~40,000 — — 📌 SGX Nifty: Flat-to-positive signals; geopolitical tensions persist. INDIAVIX at 26.80 (elevated fear). 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation State Bank SBIN ₹1,019.50 -3.88% ↘️ S: 1,000 / R: 1,050 Weak, watch support HDFC Bank HDFCBANK ₹756.20 -3.34% ↘️ S: 740 / R: 780 Under pressure ICICI Bank ICICIBANK ₹1,233.80 -2.06% ↘️ S: 1,210 / R: 1,260 Relatively resilient Axis Bank AXISBANK ₹1,203.80 -2.0% ↘️ S: 1,180 / R: 1,240 Sideways Kotak Bank KOTAKBANK ₹366.15 -1.33% ↘️ S: 355 / R: 375 Best performer 🔑 Banks down sharply; HDFC worst performer. Weakness in financials persists amid rate concerns. ...