Page 8 - Axis Bank

F&O Strategy: Here's why Nandish Shah recommends a Bull Spread on Axis Bank

The technical analyst from HDFC Securities recommends buying Axis Bank 640 Call and simultaneously selling 650 Call for the July expiry.

Confident of delivering value on bid for Citi India deal: Axis Bank's Moghe

India's third-largest private lending is purchasing the retail business in a transaction worth Rs 12,235 crore

Axis satisfied with Citi India's credit card portfolio performance: Exec

Axis Bank is satisfied with the performance of Citi India's credit card portfolio when gauged by spends and Non-Performing Assets (NPAs), executive from the third largest private sector lender said

Credit card spend hits new high in May; bounce rates by value at 3-year low

Bounce rates by value at three-year low

Axis Bank reappoints Rajiv Anand as Dy Managing Director for three years

Anand joined Axis AMC in 2009 and was its founding MD and CEO. He subsequently went on to become the President (Retail Banking) of Axis Bank in 2013 and then joined the bank's board in 2016

End arbitrary account-freeze by banks

A longer-term solution is to allow customers to easily vote with their feet

Stocks to Watch: eMudhra, REC, Voda Idea, TVS Motor, HUL, Delhivery, YES Bk

Stocks to Watch Today: ICICI Bank and Axis Bank too will be in focus as global rating agency Moody's has upgraded the two private bank's baseline credit assessments (BCA) and deposit ratings to "baa3"

Moody's upgrades ICICI Bank, Axis Bank's baseline credit assessments

Affirms Baa3 deposit ratings of both Indian private sector lenders; outlook on ratings for both banks, where applicable, remains stable

Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400

CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down

Mehul Kothari recommends buying Axis Bank, Fine Organic above these levels

According to the technical analyst from Anand Rathi, Axis Bank can rally up to Rs 670 in the next 2 - 3 trading sessions.

6 Indian banks sue GVK Coal Developers in London for $1.5 bn loan default

The banks have sued GVK Group-owned GVK Coal Developers over a dispute on a $1-billion loan and $35-million letter of credit facility and a $160-million loan

Axis Bank expects repo rate to rise to 5.75% by end of this fiscal

With inflation remaining at elevated levels, RBI may gradually increase the benchmark lending rate to about 5.75% by the end of this fiscal, Axis Bank chief economist Saugata Bhattacharya said

Axis Bank hikes MCLR by 35 bps across tenors with effect from May 18

Recently, country's largest lender, State Bank of India (SBI), also increased its MCLR by 10 bps. SBI has hiked its MCLR by 20 bps in two months

Indices fall hard for fourth day amid global equity rout, pull-back by FPIs

From this year's peak in January, both indices are down nearly 12 per cent

Markets regulator Sebi probes Schroders' $32 bn India partner Axis AMC

Indian equity mutual funds have lured billions of dollars in inflows over the last couple of years amid a retail-investing boom

Chart check: Here's why Mehul Kothari recommends buying Axis Bank, TCS

According to the technical analyst from Anand Rathi, one can accumulate Axis Bank in the range of Rs 663 - 657 with a stop at Rs 630.

We will double down on India, says Citigroup CEO (India) Ashu Khullar

'The consumer business has over the years become largely dominated by domestic players, not only in India but globally'

Investors wealth tumbles over Rs 5.10 trn in early trade due to weak trends

Tracking an extremely weak trend in equities, the market capitalisation of BSE-listed firms tumbled Rs 5,10,150.97 crore to Rs 2,54,54,738.40 crore in initial deals.

Can weak operational performance in Q4 delay Axis Bank's re-rating?

Axis Bank Q4 result review: Analysts do not expect valuation to catch up with peers in light of the NII undershoot, impending dilution to fund the Citi deal, and higher operating expenditure guidance.

Axis Bank's shares tumbled over 5% on Friday after earnings announcement

Shares of Axis Bank tumbled over 5 per cent in early trade on Friday a day after the company reported a 49.77 per cent jump in its consolidated net profit for the March quarter.