Wed, Jan 24, 2024
How are the results of Pidilite, L&T Finance, Axis Bank and Havells India? How to shop after shop? From Anil Singhvi...
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Axis Bank shares faced a steep decline on Wednesday, falling over 6% due to worries about potential increase in funding costs, a likely drop in net interest margin (NIM), and ongoing challenges with deposit growth. These concerns cast doubt on the bank's ambitious loan growth targets for FY24 and FY25.
Axis Bank Q3 results: Axis Bank's net interest margin (NIM), a key measure of profitability for lenders, came in at 4.01 per cent for the quarter ended December, as against 4.11 per cent for the July-September period.
Fri, Jul 24, 2020
Once again, a Zee Business breaking news has been validated - this time by IRDAI. The news was related to the deal between Axis Bank and Max Financial Services. The Insurance Regulatory and Development Authority of India (IRDAI) has asked some serious questions in relation to the deal with the companies. Zee Business’ Anurag Shah has a detailed report
Stock Market: The BSE Sensex closed at 38,128 levels after losing 11 points. The NSE Nifty lost 21 points and closed at 11,194 mark. Bank Nifty index crashed 421 points and closed at 22,662 levels.
Stocks in Focus on July 24: Biocon, Yes Bank, Axis Bank, Max Financial, etc. are expected newsmakers throughout the intraday trade session.
Thu, Jul 23, 2020
Stock Market Today: The BSE Sensex added 15 points and hit 37,887 levels while teh NSE Nifty 23 points to 11,155 mark. Bank Nifty lost 41 points and hit 22,923 levels in the early morning trade session.
Wed, Jul 22, 2020
Axis Bank had Rs 446.20 closing on Tuesday but today it has scaled up to Rs 474.70 per share levels, which is around 6.41 per cent higher than its previous close.
Stock Market Today: The BSE Sensex shed 49 points and hit 37,880 mark while the NSE Nifty went off 7 points to 11,154 levels.
Provisions for possible reverses due to COVID-19 crisis and a shift in accounting practices to be more conservative led private sector lender Axis Bank to report a 19 per cent decline in net profit for the June quarter.
Thu, Jul 02, 2020
Stocks in Focus on July 2: Eicher Motors, Pfizer, Axis Bank, etc. are the expected newsmaking stocks throughout the intraday trade session.
Wed, Jul 01, 2020
Stock Market: The BSE Sensex shot up 470 points and closed at 35,386 levels while the NSE Nifty soared 116 points after closing at 10,418 mark.
Tue, Jun 30, 2020
Stock Market Today: The BSE Sensex shot up 208 points and regained 35,000 levels after hitting 35,170 levels while the NSE Nifty gained 70 points to 10,388 levels.
Thu, Jun 04, 2020
MasterCard, Axis Bank and Worldline today launched Soft PoS (Point of Sale) to become the first financial payments service in India to transform everyday smartphones into merchant Point of Sale terminals.
Stock Market: The BSE Sensex lost the p-sycholigical 34,000 levels and closed at 33,980 levels after losing 128 points in teh intraday trade session.
Wed, May 27, 2020
Stock Market Today: BSE Sensex soared 995 points and closed at 31,605 levels while the NSE Nifty went northward 285 points and closed at 9,314 levels.
Fri, May 22, 2020
Stock Market: The BSE Sensex went off 260 points after closing at 30,662 levels while the 50-stocks NSE Nifty went down 67 points and closed at 9,039 levels.
Wed, Apr 29, 2020
Axis Bank Q4 Results 2020: Anil Singhvi has said that there is nothing wrong with the fundamentals of the Axis Bank as it is Coronavirus impact which has hit its business.
Stocks in Focus on April 29: Axis Bank, Biocon, HUL, Gabriel India and Power stocks are the expected five newsmakers throughout the intraday trade session today.
Tue, Apr 28, 2020
Bank’s operating profit for the quarter was Rs 5,851 cr, up 17 pct YOY from Rs 5,014 cr in Q4FY19 while the operating profit for the year ended 31 March grew by 23 pct YOY to Rs 23,438 cr
Axis Bank and Max Financial Insurance company have sealed a deal for a first phase stake buy by the private lender in the insurer.
Stocks in Focus on April 28: Axis Bank, IndusInd Bank, RBL Bank, Adani Powerto IT stocks, these are the five stocks that are expected to remain in news throughout the intraday trade.
Tue, Apr 21, 2020
Stock Market Today: BSE Sensex crashed 781 points and hit 30,866 levelks while the NSE Nifty went down 227 points to 9,033 levels. Bank Nifty went down 683 points to 19,838 levels.
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