Remain open to pullback rallies in the very near term, we expect the downtrend to continue.
FY23/24 EPS cut by 1/4.9% due to rise in cost/income ratio; target price up to Rs 1,055 owing to rollover
Axis Bank share price plunged around 5% on Friday to hit a low of Rs 739 on BSE. The share…
The bank’s asset quality showed improvement with the gross non-performing assets (GNPAs) for the quarter falling to 2.82% of total…
The country’s third-largest private sector lender had posted a net profit of Rs 2,677.06 crore in the year-ago period.
Indian equity markets are likely to open gap-down as Nifty futures on the Singapore Exchange traded 15.50 points, or 0.09…
The one-year MCLR at SBI now stands at 7.1%, a shade lower than the 7.25% at HDFC Bank, Punjab National…
At its meeting, the CoC also decided to seek a three-months extension to the June 3 deadline for the completion…
The immediate support for the Bank Nifty is placed near its 21 DMA which is placed at 36750 levels and…
It will also complement the surge in demand and expansion of operations in relevant sectors, thus enhancing their growth curves.
NSE Nifty 50 may hit a new record high in this new financial year, surpassing the previous all-time high of…
Success will hinge on a few critical factors; could boost FY24/25e EPS by 2-4%; ‘Buy’ rating retained with unchanged TP…
Axis Bank’s management has said that the transaction with Citi incorporates appropriate clawback arrangements. The bank has factored in a…
Citi India has the highest spend per credit card, which will help Axis Bank garner a higher fee income.
At the NSE, it gained 1.67 per cent to Rs 763.Axis Bank on Wednesday said it will acquire US-based Citi’s…
Analysts are bullish on Axis’s stock and said the deal provides the lender an instant access to affluent customer segments.…
After growing organically, Axis Bank has acquired the consumer business of Citibank. The senior management of Axis Bank broke the…
Bulls are now gradually gaining strength in the market. After trading in the range of 17,000-17,400 for 8 trading session,…