India

Stock Watch — April 16, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,231.30 +388.40 +1.63% Nifty Bank 56,301.95 +696.90 +1.25% FinNifty 26,445.00 +415.00 +1.59% Nifty IT 41,200* +1,850* +4.70% *IT index closed higher; exact level varies by source SGX Nifty: Trading at 24,203 (+1.37%) — indicating positive open 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation Kotak Mahindra KOTAKBANK ₹382.40 +2.82% S:375 R:395 ↗️ Strong breakout HDFC Bank HDFCBANK ₹809.90 +1.91% S:790 R:825 ↗️ Bullish momentum State Bank SBIN ₹1,071.50 +1.20% S:1,050 R:1,100 ➡️ Steady Axis Bank AXISBANK ₹1,355.60 +0.21% S:1,330 R:1,380 ➡️ Consolidating ICICI Bank ICICIBANK ₹1,348.10 -0.22% S:1,320 R:1,370 ↘️ Minor pullback 💳 FINTECH — Pure Play B1: Digital Payments & Wallets Company Symbol Prev Close Change % One97 (Paytm) PAYTM ₹1,140.10 +3.02%* MobiKwik MOBIKWIK ₹18.50* — *Paytm closed April 15 at ₹1,140.10, up 3.02% ...

Fintech Brief — April 16, 2026 Today’s Top Stories 1. RBI Mandates Faster Cross-Border Inward Payments (Effective October 2026) The Reserve Bank of India has issued a landmark circular dated April 9, 2026, directing all scheduled commercial banks to accelerate inward cross-border payments. Effective October 2026, banks must credit cross-border inward payments on the same day during forex market hours and reconcile nostro accounts hourly. This addresses longstanding friction in the final leg of international fund transfers, ensuring beneficiaries receive foreign remittances faster. The RBI had sought feedback on this subject via a circular on October 29, 2025, and the finalized guidelines represent a significant step toward aligning India’s cross-border payment infrastructure with global standards. [^1] ...

Stock Watch — April 15, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 23,842.65 -207.95 -0.86% ↘️ Nifty Bank 55,605.05 -307.70 -0.55% ↘️ FinNifty 26,047.50 -166.40 -0.63% ↘️ Nifty IT 30,669.80 -1010.00 -3.29% ↘️ Source: NSE India, Moneycontrol 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation ICICI Bank ICICIBANK ₹1,351.10 +2.21% ↗️ R: 1,380 S: 1,320 Bullish — digital push Axis Bank AXISBANK ₹1,330.07 +0.05% ↗️ R: 1,360 S: 1,310 Range-bound State Bank SBIN ₹1,063.55 -0.30% ↘️ R: 1,080 S: 1,050 Weak — UPI volume stable Kotak Mahindra KOTAKBANK ₹368.17 -1.00% ↘️ R: 375 S: 360 Pressure on digital bank HDFC Bank HDFCBANK ₹794.70 -1.93% ↘️ R: 810 S: 780 Under pressure 💳 FINTECH — Pure Play B1: Digital Payments & Wallets Company Symbol Price Change % Expectation Paytm PAYTM ₹1,106.70 -1.53% ↘️ Under pressure MobiKwik MOBIKWIK ₹189.55 +1.99% ↗️ Small cap rally B2: Insurance & Credit Company Symbol Price Change % Expectation PB Fintech PBFINTECH ₹1,453.00 -3.78% ↘️ Weak — policybazaar B3: Payment Infrastructure Company Symbol Price Change % Expectation Pine Labs PINELABS ₹179.03 +0.83% ↗️ Stable NPST NPST ₹1,225.20 -1.67% ↘️ UPI infra weak Infibeam INFIBEAM ₹14.80 -2.50% ↘️ Enterprise gateway weak B4: Payments Banking & Cards Company Symbol Price Change % Expectation SBI Cards SBICARD ₹671.05 -0.95% ↘️ Card segment pressure Fino Payments FINOPB ₹132.81 -1.80% ↘️ Weak B5: ATM & Cash (Peripheral) Company Symbol Price Change % Expectation AGS Transact AGSTRA ₹3.01 -4.75% ↘️ ⚠️ Under CIRP 📰 Sector News Gift Nifty indicates firm opening — Asian markets higher, US-Iran peace talk hopes Oil prices fall — Second day decline on US-Iran talks resumption expectations Rupee steady — Dollar near six-week lows on fresh Iran talks hopes FII outflows continue — Foreign selling pressure; DII support key Bank Nifty resistance — 55,900-56,000 zone key hurdle Sources: Moneycontrol, NSE India, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Fintech Brief — April 15, 2026 Today’s Top Stories 1. Jio, Bank of Baroda Launch First Feature Phone Banking App In a significant step towards financial inclusion, Bank of Baroda has partnered with Reliance Jio to launch bob World Lite — claimed as the first comprehensive mobile banking app designed specifically for feature phone users. The app will be available on the JioPhone Prima 4G device. The initiative aligns with both the government and RBI’s vision to promote inclusivity and make digital payments accessible to feature phone users — a demographic largely underserved by conventional smartphone-based banking apps. Unlike conventional mobile banking apps that only work on smartphones, bob World Lite provides a comprehensive suite of everyday banking services on affordable feature phones. ...

Stock Watch — April 14, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 23,842.65 -207.95 -0.86% ↘️ Nifty Bank 55,605.05 -307.70 -0.55% ↘️ FinNifty 26,047.50 -166.40 -0.63% ↘️ Nifty IT 30,669.80 — — ➡️ Source: NSE India, Yahoo Finance 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation ICICI Bank ICICIBANK ₹1,351.10 +2.21% ↗️ R: 1,380 S: 1,320 Bullish — digital push Axis Bank AXISBANK ₹1,353.60 +0.21% ↗️ R: 1,380 S: 1,330 Range-bound State Bank SBIN ₹1,063.55 -0.30% ↘️ R: 1,080 S: 1,050 Weak — UPI volume stable Kotak Mahindra KOTAKBANK ₹371.90 -0.71% ↘️ R: 380 S: 365 Pressure on digital bank HDFC Bank HDFCBANK ₹794.70 -1.93% ↘️ R: 810 S: 780 Under pressure 💳 FINTECH — Pure Play B1: Digital Payments & Wallets Company Symbol Price Change % Expectation Paytm PAYTM ₹1,106.70 -1.53% ↘️ Under pressure MobiKwik MOBIKWIK ₹189.55 +1.99% ↗️ Small cap rally B2: Insurance & Credit Company Symbol Price Change % Expectation PB Fintech PBFINTECH — — No data B3: Payment Infrastructure Company Symbol Price Change % Expectation NPST NPST ₹1,225.20 -1.67% ↘️ UPI infra weak Pine Labs PINELABS ₹179.03 +0.83% ↗️ Stable Infibeam INFIBEAM — — No data B4: Payments Banking & Cards Company Symbol Price Change % Expectation Fino Payments FINOPB ₹132.81 -1.80% ↘️ Weak SBI Cards SBICARD ₹671.05 -0.95% ↘️ Card segment pressure B5: ATM & Cash (Peripheral) Company Symbol Price Change % Expectation AGS Transact AGSTRA ₹3.01 -4.75% ↘️ ⚠️ Under CIRP 📰 Sector News Global risk-off: US-Iran tensions, oil above $100/bbl weighing on sentiment Rupee pressure: Expected to weaken on oil price surge FII outflows: Foreign investors continue selling; domestic inflows providing support IT sector: Global demand weakness affecting Nifty IT outlook Sources: Moneycontrol, NSE India, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Stock Watch — April 13, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close (Apr 10) Change % Change Nifty 50 24,050.60 ↗️ +275.50 +1.16% Nifty Bank 55,912.75 ↗️ Strong rally +2.1% FinNifty 26,213.90 ↗️ +160 +0.6% Nifty IT 31,030.60 ↘️ -550 -1.74% SGX Nifty pre-market: ~24,150 (+0.4%). Markets to open strong post-RBI policy clarity. 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹810.30 +1.58% R: 825 / S: 795 Recovery rally ICICI Bank ICICIBANK ₹1,321.90 +3.17% R: 1,360 / S: 1,280 ↗️ Top gainer State Bank SBIN ₹1,066.70 +2.47% R: 1,090 / S: 1,040 Strong momentum Axis Bank AXISBANK ₹1,350.80 +2.45% R: 1,380 / S: 1,320 Recovery Kotak Bank KOTAKBANK ₹374.55 +0.71% R: 385 / S: 365 Steady Bank Nifty leads rally, up 2.1%. RBI policy boost driving financials. ...

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. ...

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 ...

Fintech Brief — April 09, 2026 Today’s Top Stories 1. KreditBee Joins Unicorn Club with $280 Million Funding Indian digital lending platform KreditBee has achieved unicorn status after closing a $280 million funding round. The milestone marks a significant achievement for the country’s fintech lending sector, which has faced increased scrutiny from regulators over the past year. The funding comes amid a resurgence in venture capital interest in Indian fintech startups, particularly those operating in the credit and lending space. [^1] ...

Stock Watch — April 8, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 23,100.00 +255.15 +1.12% Nifty Bank 52,258.70 -341.00 -0.65% FinNifty 24,685.55 +82.05 +0.33% Nifty IT 30,489.30 +450.20 +1.50% SGX Nifty pre-market: 22,962 (↓138 pts) — negative start expected 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹772.00 +0.13% S:765 R:785 ➡️ Sideways ICICI Bank ICICIBANK ₹1,193.80 -1.60% S:1180 R:1210 ↘️ Pressure SBI SBIN ₹785.00 -0.85% S:775 R:800 ↘️ Weak Axis Bank AXISBANK ₹1,025.00 -1.20% S:1010 R:1040 ↘️ Under pressure Kotak Bank KOTAKBANK ₹1,780.00 -0.55% S:1770 R:1800 ➡️ Mixed 💳 FINTECH — Pure Play B1: Digital Payments & Wallets Company Symbol Prev Close Change % Paytm PAYTM ₹410.00 -2.40% MobiKwik MOBIKWIK ₹280.00 -1.50% B2: Insurance & Credit Marketplaces Company Symbol Prev Close Change % PB Fintech PBFINTECH ₹1,850.00 +0.80% B3: Payment Infrastructure & Gateways Company Symbol Prev Close Change % Infibeam INFIBEAM ₹18.50 -0.50% Network People NPST ₹2,450.00 +1.20% B4: Payments Banking & Cards Company Symbol Prev Close Change % Fino Payments FINOPB ₹320.00 +0.30% SBI Cards SBICARD ₹680.00 -1.10% B5: ATM & Cash (Peripheral) Company Symbol Prev Close Change % AGS Transact AGSTRA ₹22.00 -3.50% ⚠️ ⚠️ AGSTRA under CIRP — not trading in regular course ...