Markets

Stock Watch — Tuesday, May 6, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,119.30 -86.50 -0.36% Nifty Bank 54,880.00 -333.00 -0.60% FinNifty 25,716.90 -44.20 -0.55% Nifty IT 29,348.00 -271.90 -0.95% 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK 779.40 -0.80% R: 785 S: 770 Stable, credit card leader ICICI Bank ICICIBANK 1,270.80 -1.53% R: 1,290 S: 1,250 iMobile Pay, Apple Pay talks State Bank of India SBIN 1,068.40 -0.75% R: 1,085 S: 1,055 Largest UPI volume Axis Bank AXISBANK 1,275.10 +0.53% R: 1,295 S: 1,260 Digital focus Kotak Mahindra Bank KOTAKBANK 1,319.00 +0.97% R: 1,340 S: 1,300 811 digital bank 💳 FINTECH — Pure Play Tier B1: Digital Payments & Wallets Company Symbol Prev Close Change % Key Levels Expectation Paytm PAYTM 1,115.80 -2.42% R: 1,130 S: 1,080 One97 Communications MobiKwik MOBIKWIK 213.45 -1.92% R: 220 S: 205 Mobile wallet Tier B2: Insurance & Credit Marketplaces Company Symbol Prev Close Change % Key Levels Expectation PolicyBazaar PBFINTECH 1,680.50 -1.15% R: 1,700 S: 1,650 Insurance aggregation Tier B3: Payment Infrastructure & Gateways Company Symbol Prev Close Change % Key Levels Expectation Pine Labs PINELABS 198.50 -1.90% R: 205 S: 190 Merchant payments, POS Tier B4: Payments Banking & Cards Company Symbol Prev Close Change % Key Levels Expectation Fino Payments Bank FINOPB 145.20 -2.80% R: 150 S: 140 143M+ customers SBI Cards SBICARD 720.30 -0.85% R: 735 S: 705 Pure-play cards Tier B5: ATM & Cash (Peripheral) Company Symbol Prev Close Change % Key Levels Expectation AGS Transact AGSTRA 85.40 -3.20% R: 88 S: 82 ⚠️ Under CIRP 📰 Sector News Nifty IT outperforms: Despite broader market weakness, Nifty IT gained 1.07% on May 5, 2026, while other sectoral indices traded in the red1 Global headwinds: Markets opened weak amid muted global cues and geopolitical tensions in the Middle East2 Rupee weakness: Indian rupee weakened to a record low of ₹95.39 against the dollar amid escalating tensions3 MobiKwik Q4: Board meeting scheduled for May 12, 2026, to approve Q4FY26 financial results4 FII flows: Foreign Institutional Investors net sold ₹2.83 lakh crore, while Domestic Institutional Investors net bought ₹4.76 lakh crore on May 5, 20265 Sources: Moneycontrol, NSE India, Economic Times Markets, 5paisa, Kotak Securities12345 ...

Stock Watch — Monday, May 5, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,119.30 +121.75 +0.51% Nifty Bank 25,168.00 +167.00 +0.67% FinNifty ~26,000 - - Nifty IT 29,076.10 -277.81 -0.95% 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹779.00 +0.95% R: ₹790 Accumulate — Largest positive driver of Bank Nifty ICICI Bank ICICIBANK ₹1,282.20 +1.54% S: ₹1,264 Accumulate — Strong digital payments franchise SBI SBIN ₹1,053.23 +0.44% R: ₹1,210 Hold — 19% credit card share, largest UPI volume Axis Bank AXISBANK ₹1,275.10 +0.53% R: ₹1,294 Accumulate — Digital focus, Apple Pay talks Kotak Bank KOTAKBANK ₹371.65 - R: ₹382 Hold — 811 digital bank, innovative UPI 💳 FINTECH — Pure Play Tier B1: Digital Payments & Wallets Symbol Company Prev Close Change % Key Levels Expectation PAYTM One97 Communications ₹1,096.35 -4.42% S: ₹1,050 Hold — UPI volumes recovering post-RBI restrictions MOBIKWIK One MobiKwik Systems ₹181.06 -48.91% S: ₹180 Accumulate — Q3 profit ₹4.05Cr vs ₹55.28Cr loss YoY Tier B2: Insurance & Credit Marketplaces Symbol Company Prev Close Change % Key Levels Expectation PBFINTECH PB Fintech (PolicyBazaar) ₹1,666.20 +0.28% R: ₹1,685 Accumulate — Insurance aggregation leader Tier B3: Payment Infrastructure & Gateways Symbol Company Prev Close Change % Key Levels Expectation INFIBEAM Infibeam Avenues ₹15.53 - R: ₹16.50 Hold — Enterprise gateway, low valuation PINELABS Pine Labs ₹197.03 -4.11% S: ₹193 Hold — Merchant payments, POS infrastructure NPST Network People Services ₹1,472.25 +2.02% R: ₹1,500 Accumulate — UPI infrastructure Tier B4: Payments Banking & Cards Symbol Company Prev Close Change % Key Levels Expectation FINOPB Fino Payments Bank ₹190.00 -2.46% S: ₹205 Hold — 143M+ customers, digital bank SBICARD SBI Cards & Payment Services ₹644.80 +0.14% R: ₹650 Hold — Pure-play cards, Q4 profit ₹12.25Cr Tier B5: ATM & Cash (Peripheral) Symbol Company Prev Close Change % Key Levels Expectation AGSTRA AGS Transact Technologies ₹2.72 - S: ₹2.50 Avoid ⚠️ Under CIRP 📰 Sector News RBI Appoints New Deputy Governor: Rohit Jain appointed as Deputy Governor for 3-year term from May 3, 2026, overseeing 10 departments including External Investments, Financial Markets Regulation, and Fintech1 RBI Tightens Bad Loan Rules: New guidelines released April 27, 2026, effective April 1, 2027 — increased risk weights, focus on high-risk segments to align with global standards2 SEBI Flags AI Risks: SEBI to issue advisory against emerging AI risks from financial tools; guidelines to manage emerging risks with focus on investor protection & market stability3 SBI Card Penalty Revision: Late payment penalty revised effective May 1, 2026 — new Rs 100 penalty for dues between ₹500-2,0004 Niyogin Fintech Gets RBI Approval: Receives in-principle approval for Composite Scheme of Arrangement and Amalgamation (April 30, 2026)5 📈 Pre-Market Outlook Nifty 50: Support at 23,950-23,980, resistance at 24,175-24,265. Gift Nifty up 0.39% signaling mild positive opening6 Nifty Bank: Support at 24,800-25,000, resistance at 26,000-26,200. Bullish trend with key level at 26,0207 Fintech Sentiment: Mixed — Paytm recovering from RBI restrictions, MobiKwik turning profitable, but regulatory scrutiny continues Sources: Moneycontrol, NSE India, Economic Times Markets, HDFC Sky, Angel One, CNBC TV18, 5paisa, Tickertape, The Hindu BusinessLine, Business Standard[^1-8] ...

Stock Watch — May 01, 2026 Pre-Market Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 23,997.55 -180.10 -0.74% Nifty Bank ~54,500 ~-900 ~-1.6% FinNifty 25,860.00 -143.60 -0.55% Nifty IT ~24,300 +450 +1.88% Prev close data from April 30, 2026 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK 1,825.65 +1.72% R: 1,850 / S: 1,780 ➡️ Consolidation ICICI Bank ICICIBANK ~1,280 -0.5% R: 1,300 / S: 1,260 ➡️ Sideways SBI SBIN 1,101.65 -0.5% R: 1,120 / S: 1,080 ➡️ Range bound Axis Bank AXISBANK 1,190.00 -1.0% R: 1,220 / S: 1,160 ↘️ Weakness Kotak Mahindra KOTAKBANK 882.79 -0.8% R: 900 / S: 860 ➡️ Pressured 💳 FINTECH — Pure Play Tier Symbol Company Prev Close Change % Notes B1 PAYTM One97 Comm 1,095.80 -2.5% RBI cancelled PPBL license Apr 24 B1 MOBIKWIK One Mobikwik ~450 Flat NBFC approval received B2 PBFINTECH PB Fintech ~2,100 +0.5% Insurance aggregation B3 INFIBEAM Infibeam Avenues ~35 -1.5% Enterprise gateway B3 PINELABS Pine Labs ~550 Flat Merchant payments B4 FINOPB Fino Payments ~350 +1.0% 143M+ customers B4 SBICARD SBI Cards ~850 -0.3% Pure-play cards B5 AGSTRA AGS Transact ~25 -5.0% ⚠️ Under CIRP 📰 Sector News UPI turns 10: World’s largest real-time payment system by volume, 2,001 crore monthly transactions1 RBI cancels Paytm Payments Bank license: Effective April 24, 2026. One97 Communications impaired entire PPBL investment2 Smaller UPI firms seek NPCI meet: PhonePe, Google Pay dominate; smaller players seek level playing field3 Nifty IT rebounds: Up 1.88% after Friday’s 5% sell-off on Infosys weak guidance4 Sources: Moneycontrol, NSE India, Economic Times Markets, Business Standard Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Stock Watch — April 30, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,177 +181 +0.76% Nifty Bank 55,404 +3 +0.01% FinNifty ~20,500 TBD — Nifty IT ~26,500 TBD — SGX Nifty futures flat-to-positive (+12.50 pts), indicating neutral market open. 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹785 +0.05% S:775 R:800 Mixed ICICI Bank ICICIBANK ₹1,350 TBD S:1,320 R:1,380 Flat State Bank SBIN ₹1,100 TBD S:1,080 R:1,120 ➡️ Axis Bank AXISBANK ₹1,150 TBD S:1,130 R:1,170 ➡️ Kotak Mahindra KOTAKBANK ₹382 +1.19% S:370 R:390 ↗️ 💳 FINTECH — Pure Play Tier B1: Digital Payments & Wallets Symbol Company Prev Close Change % PAYTM One97 Comm ₹1,129 -0.09% MOBIKWIK MobiKwik ₹650 TBD Tier B2: Insurance & Credit Symbol Company Prev Close Change % PBFINTECH PB Fintech ₹5,200 TBD Tier B3: Payment Infrastructure Symbol Company Prev Close Change % INFIBEAM Infibeam ₹130 TBD PINELABS Pine Labs ₹550 TBD NPST Network People ₹450 TBD Tier B4: Payments Banking & Cards Symbol Company Prev Close Change % FINOPB Fino Payments ₹350 TBD SBICARD SBI Cards ₹850 TBD Tier B5: ATM & Cash (Peripheral) Symbol Company Note AGSTRA AGS Transact ⚠️ Under CIRP 📰 Sector News UPI Dominance Row: Amazon, Meta, CRED, MobiKwik to meet NPCI on Thursday (Apr 30) to lobby against PhonePe/Google Pay’s ~80% market share in UPI1 DII Inflows: Domestic investors pumped ₹2,262Cr on Apr 29 vs FII outflows of ₹2,468Cr2 RBI Policy: No major RBI announcements in pre-market Sources: Moneycontrol, NSE India, SGX Nifty, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Stock Watch — April 29, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 23,995.70 -97.00 -0.40% Nifty Bank 55,895.80 -861.00 -1.54% FinNifty 26,112.45 -60.08 -0.23% Nifty IT 28,952.90 -206.25 -0.71% 📉 Market Sentiment: Weak — Nifty slipped below 24,000 psychological level amid Iran tensions & crude oil surge. Bank Nifty led declines. 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Expectation Kotak Mahindra KOTAKBANK 377.95 +0.31% ↗️ Outperformer HDFC Bank HDFCBANK 782.55 -0.91% ➡️ Stable ICICI Bank ICICIBANK 1,292.00 -1.68% ↘️ Under pressure SBI SBIN 1,091.30 -1.84% ↘️ Weak Axis Bank AXISBANK 1,289.00 -2.65% ↘️ Laggard Key Levels: Nifty Bank support at 55,500, resistance at 56,500. ...

Stock Watch — April 28, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close (Apr 25) Note Nifty 50 ~24,400 Down ~2% weekly Nifty Bank ~50,000 Dragged by IT stocks FinNifty ~21,500 Mixed sentiment Nifty IT ~41,000 HCLTech fell 10% Market Week Review: Sensex and Nifty ended week down nearly 2% as oil price surge (+$3+) and IT stock corrections dragged Indian equities lower. 1 🏦 BANKS — Digital Payments Focus Bank Symbol Digital Focus HDFC Bank HDFCBANK 22% credit card market, ML fraud detection ICICI Bank ICICIBANK iMobile Pay, Apple Pay integration SBI SBIN 19% credit card share, largest UPI volume Axis Bank AXISBANK Digital focus, workforce down to 1.01 lakh 2 Kotak Bank KOTAKBANK 811 digital bank, UPI innovation Axis Bank Update: Headcount fell to 1.01 lakh in FY26 (down 3,000) as tech-driven productivity gains kick in. Q4 profits flat at INR 7,071 crore, INR 1 dividend announced. 2 ...

Stock Watch — April 23, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,378.10 -198.50 -0.81% Nifty Bank 57,124.45 - - FinNifty 24,422.50 +65.00 +0.27% Nifty IT — — — SGX Nifty: 24,295.00 (-68.50, -0.28%) ↘️ 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK 799.90 -0.57% S: 790, R: 820 Consolidate ICICI Bank ICICIBANK 1,367.60 -1.50% S: 1350, R: 1400 Weak SBI SBIN 712.15 - S: 700, R: 730 Sideways Axis Bank AXISBANK — — — — Kotak Bank KOTAKBANK — — — — 💳 FINTECH — Pure Play Tier B1: Digital Payments & Wallets Symbol Company Prev Close Chg % PAYTM One97 Communications 1,166.25 +0.42% MOBIKWIST — — — Tier B2: Insurance & Credit Symbol Company Prev Close Chg % PBFINTECH PB Fintech — — Tier B3: Payment Infrastructure Symbol Company Prev Close Chg % INFIBEAM Infibeam Avenues — — PINELABS Pine Labs — — NPST Network People — — Tier B4: Payments Banking & Cards Symbol Company Prev Close Chg % FINOPB Fino Payments Bank — — SBICARD SBI Cards — — Tier B5: ATM & Cash Symbol Company Note AGSTRA AGS Transact ⚠️ Under CIRP 📰 Sector News HCLTech Q4 miss drags IT sector; stock crashes 10% on weak FY27 guidance1 FII selling pressure in HDFCBANK and ICICIBANK continues in Q42 GiftNifty futures signal negative open; US-Iran ceasefire extension provides some relief 🔍 Key Observations IT stocks under pressure post HCLTech results weakness Bank Nifty faces resistance at 200-DMA Financials seeing FII outflows but DII support continues Rupee weakens 3-day; crude oil elevated Sources: Moneycontrol, NSE India, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Stock Watch — April 22, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,364.85 +215.75 +0.89% Nifty Bank 56,582.35 +748.15 +1.32% FinNifty 26,537.10 +313.65 +1.18% Nifty IT 31,585.75 ↗️ Flat — Prev close data from April 21, 2025 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹1,496.65 -2.94% S: 1,480 R: 1,520 Under pressure post-Q4 ICICI Bank ICICIBANK ₹1,385.60 +2.17% S: 1,360 R: 1,400 ↗️ Strong digital SBI SBIN ₹812.00 +2.08% S: 795 R: 825 ↗️ UPI volume help Axis Bank AXISBANK ₹471.63 +1.5% S: 460 R: 480 ➡️ Steady Kotak Bank KOTAKBANK ₹882.79 +1.2% S: 870 R: 900 ➡️ 811 stable 💳 FINTECH — Pure Play B1: Digital Payments & Wallets Company Symbol Prev Close Change % Paytm PAYTM ₹95.93 ↘️ Selling pressure MobiKwik MOBIKWIK N/A Suspended B2: Insurance & Credit Company Symbol Prev Close Change % PB Fintech PBFINTECH ₹69.30 +8.3% as per buzz B3: Payment Infrastructure Company Symbol Prev Close Change % Infibeam INFIBEAM N/A ➡️ Flat Pine Labs PINELABS N/A Private NPST NPST N/A Small cap B4: Payments Banking & Cards Company Symbol Prev Close Change % Fino PayBank FINOPB N/A Small cap SBI Cards SBICARD ₹44.84 ↘️ Under pressure B5: ATM & Cash (Peripheral) Company Symbol Note AGS Transact AGSTRA ⚠️ Under CIRP 📰 Sector News FII Selling Continues: FIIs net sold ₹1,918.99 cr on April 21; second consecutive day of selling DII Buying: DIIs net bought ₹2,221.27 cr, supporting markets HDFC Bank Q4: Slipped ~3% post-earnings; brokers remain positive on medium-term HCLTech Q4: Net profit ₹4,488 cr (+4% YoY), declared Rs 24 dividend; mixed reaction Dollar Strength: INR at 93.49, week high amid Iran ceasefire uncertainty 📈 SGX Nifty Pre-Market SGX Nifty indicating flat-to-slightly negative open Global cues mixed: US markets down, Asia mixed Sources: Moneycontrol, NSE India, SGX Nifty, Economic Times Markets Disclaimer: AI-generated for educational purposes. Not investment advice. ...

Stock Watch — April 21, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,353 +47 +0.19% Nifty Bank 56,582 +17 +0.03% FinNifty 26,400 +137 +0.52% Nifty IT 31,809 -224 -0.70% SGX Nifty 24,470 Flat Flat ↔️ Prev close: April 20, 2026. SGX Nifty suggests flat-to-slightly-positive opening. 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ₹800 +0.55% S: 790, R: 820 ➡️ sideways ICICI Bank ICICIBANK ₹1,348 +0.15% S: 1,340, R: 1,360 ➡️ SBI SBIN ₹1,080 +2.20% S: 1,050, R: 1,100 ↗️ bullish Axis Bank AXISBANK ₹1,364 +0.12% S: 1,345, R: 1,380 ➡️ Kotak Bank KOTAKBANK ₹1,850 Flat S: 1,820, R: 1,900 ➡️ Key: S=Support, R=Resistance. SBI leads with 2.2% gain post-Q3 performance. ...

Stock Watch — April 20, 2026 Market Day Summary | Not investment advice 📊 INDICES Index Prev Close Change % Change Nifty 50 24,353 +156 +0.64% Nifty Bank 56,086 -216 -0.38% FinNifty ~26,500 TBD TBD Nifty IT ~41,500 TBD TBD SGX Nifty 24,470 -231 -0.94% ↘️ Prev close: Nifty 50 & Bank Nifty as of April 19, 2026 close. SGX Nifty indicates pre-market gap down. 🏦 BANKS — Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK ~₹800 TBD S: 790, R: 820 sideways ICICI Bank ICICIBANK ~₹1,348 +0.15% S: 1340, R: 1360 ➡️ SBI SBIN ~₹1,067 TBD S: 1050, R: 1080 ➡️ Axis Bank AXISBANK ~₹1,352 +0.12% S: 1345, R: 1370 ➡️ Kotak Bank KOTAKBANK ~₹1,850 TBD S: 1820, R: 1900 ➡️ Key: S=Support, R=Resistance. Banks showing mixed movement post-weekend. ...