Axis Bank shares gain, stake sale attracts strong demand
The Indian private sector lender on Monday was planning to raise as much as $1 billion through a qualified institutional placement, sources with direct knowledge of the matter told Reuters.
Axis Bank shares were up 3.2 percent at 0354 GMT after earlier gaining to as much as 1,465.35 rupees, its highest level since Nov. 18, 2010.
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