Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Loans
    Loans
    HomeNewsBusinessMarketsBankex relatively safe in this chaos, Axis unruffled

    Bankex relatively safe in this chaos, Axis unruffled

    There has been tremendous roar in the market on account of issues like pledging of share, the Mauritius tax treaty and the Euro zone debt crisis, which have dragged the indices below comfortable levels. However, irrespective of this tizzy, banking stocks have relatively outperformed the broader index.

    June 23, 2011 / 09:24 IST

    Saikat Das

    Moneycontrol.com

    There has been tremendous roar in the market on account of issues like pledging of share, the Mauritius tax treaty and the Euro zone debt crisis, which have dragged the indices below comfortable levels. However, irrespective of this tizzy, banking stocks have relatively outperformed the broader index. In the last seven trading sessions (June 13

    first published: Jun 22, 2011 02:59 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347