Stock Watch β March 23, 2026
Stock Watch β March 23, 2026 Market Day Summary | Not investment advice π INDICES Index Prev Close Change % Change Nifty 50 23,114.50 +112.35 +0.49% Nifty Bank 53,427.05 -23.95 -0.04% FinNifty 24,951.80 -975.55 -3.76% Nifty IT 29,199.60 +620.00 +2.17% SGX Nifty Futures: 22,782.00 (-78.00, -0.34%) π¦ BANKS β Digital Payments Focus Bank Symbol Prev Close Change % Key Levels Expectation HDFC Bank HDFCBANK 781.00 -2.15% S: 775 R: 795 βοΈ Pressure on card revenue ICICI Bank ICICIBANK 1,249.80 -0.02% S: 1,240 R: 1,260 β‘οΈ Flat SBI SBIN 1,058.30 +0.90% S: 1,045 R: 1,070 βοΈ UPI volume strong Axis Bank AXISBANK 1,205.70 -0.11% S: 1,195 R: 1,220 β‘οΈ Slight weakness Kotak Bank KOTAKBANK 367.00 -0.31% S: 362 R: 375 β‘οΈ 811 digital steady π³ FINTECH β Pure Play Tier B1: Digital Payments & Wallets Company Symbol Prev Close Change % Expectation Paytm PAYTM 1,054.30 +1.20% βοΈ Post-results rally MobiKwik MOBIKWIK N/A N/A Market closed Tier B2: Insurance & Credit Company Symbol Expectation PB Fintech PBFINTECH Watching premium Tier B3: Payment Infrastructure Company Symbol Expectation Infibeam Avenues INFIBEAM Enterprise focus Pine Labs PINELABS POS merchant growth NPST NPST UPI infra play Tier B4: Payments Banking & Cards Company Symbol Expectation Fino Payments Bank FINOPB 143M+ customers SBI Cards SBICARD Pure-play card play Tier B5: ATM & Cash (Peripheral) Company Symbol Note AGS Transact AGSTRA β οΈ Under CIRP π° Sector News Oil prices surge on Middle East tensions; Brent at $106/bbl could impact Indian equities [^1] Goldman Sachs warns India faces slower growth, higher inflation from oil shock [^2] FinTech sector sees continued digital payments adoption; UPI volumes remain strong Mastercard defends position in Europeβs payments sovereignty debate [^3] π Market Outlook Nifty 50: Flat-to-positive open expected; support at 22,900 Bank Nifty: Under pressure from oil-led inflation fears; support at 53,200 IT Index: Best performer (+2.17%) on rupee depreciation benefits FinNifty: Biggest loser (-3.76%) on concerns over financial sector exposure Summary as of 08:20 IST, March 23, 2026 ...