Stock Watch β Tuesday, May 6, 2026
Stock Watch β Tuesday, May 6, 2026 Market Day Summary | Not investment advice π 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% π¦ BANKS β 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 π³ FINTECH β 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 β οΈ Under CIRP π° 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 βΉ95.39 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 βΉ2.83 lakh crore, while Domestic Institutional Investors net bought βΉ4.76 lakh crore on May 5, 20265 Sources: Moneycontrol, NSE India, Economic Times Markets, 5paisa, Kotak Securities12345 ...