Good quality balance sheet and adequate capital to help the bank participate in the macro rebound
As many as 254 cases linked to the scam in which investors were promised hefty returns through stock tips on WhatsApp have been registered across the country, the cyber crime police has said
Davos 2024 | Top Highlights From Day 2 of WEF: Moneycontrol brings you the top global voices. Catch Juvencio Maetzu of IKEA, Ling Hai of Mastercard, Amitabh Chaudhry of Axis Bank and many more. From GenAI to expectations from the Interim Budget, here's a look at what they have to say. Tune into the second edition of the Davos 2024 bulletin with Chandra R Srikanth, live on Moneycontrol.
The Nifty zoomed to a new high and the Sensex traded over 500 points higher in the afternoon, About 2,044 shares advanced, 1,110 declined and 103 remained unchanged
Axis has already designed the platform and will be launching it as a part of its e-commerce segment called Grab Deals. The platform will initially have only groceries, but will soon expand to other segments.
The Securities & Exchange Board of India has barred former chief dealer of Axis Mutual Fund, Viresh Joshi and 20 others from accessing the securities markets. SEBI says that over Rs 30 crore were accrued as wrongful gains due to alleged front-running activities, and directed that this money should be impounded from those involved. But even as the whole web that spans across 2 continents unravels, is YOUR money safe? Watch!
Axis Bank stock has underperformed in recent times. However, strong growth continues for Axis Bank, margin touches lifetime highs. Deposits continue to languish and warrant focus. We see headroom for RoA expansion that has touched 1.92 per cent. A steady execution could result in closing the valuation gap with peers
According to two sources with firsthand knowledge of the situation, India's third-largest private lender Axis Bank (AXBK.NS) is in discussions to purchase a share in Go Digit Life Insurance as it looks to enter the country's rapidly expanding insurance sector.
Axis Bank has a focused strategy to improve margins, drive profitable growth to reach its aspirational ROE of 18 percent in the next three years. Can the bank achieve this feat, and should you invest for the long term? Watch the video to find out
At a time when Indian markets have been extremely volatile, Axis Securities has come out with a list of 16 large, mid and small cap stocks which have the potential to yield returns to the tune of 70% by the end of FY23. The securities firm believes that value-focused sectors could see a notable allocation in the next one to two years. Banks & autos are among its bullish bets.
Deepak Agarwal was an equity research analyst and assistant fund manager of Axis Consumption ETF, Axis Quant Fund and Axis Value Fund
Viresh Joshi spent over a decade at the fund house and apart from chief dealer, was in the role of fund manager
Both front-running and insider trading impact mutual fund unitholders, as well as stock market investors
Axis MF said that it has been conducting a suo-moto investigation over the last two months
The lenders are hoping to recover money from Karvy by seeking the sale of broker’s assets which is pledged with bankers by the DRT. A source close to development told Moneycontrol, "Karvy's promoters pledged their own stake and other assets which are around worth of Rs 5,000 crore."
Kotak Mahindra Bank today announced its strategic plan to double its customer base in next 18 months. For this, the bank has launched a ‘unique new phenomenon called 811’.
The country's top three private banks - HDFC Bank, ICICI Bank and Axis Bank - have started charging customers a minimum of Rs 150 for every cash transaction over and above a limit of free deposits and withdrawals per month.
Tata Steel, Adani Ports, Tata Motors, HDFC and Axis Bank are top gainers while Infosys, Sun Pharma, Reliance, GAIL and ONGC are losers in the Sensex.
Lupin, Dr Reddy's Labs, Maruti and Reliance are top gainers while Cipla, Axis Bank, Tata Steel, Coal India and BHEL are losers in the Sensex.
Lupin, TCS, Axis Bank, Coal India and HUL were losers in the Sensex while Hero MotCorp, NTPC, SBI, Adani Ports and Relinace were gainers.
Tata Motors, L&T, Cipla, Sun Pharma and Asian Paints are top gainers while Adani Ports, Lupin, Bharti, SBI and Axis are losers in the Sensex.
ITC, Axis Bank, Cipla, BHEL and Dr Reddy's Labs are top gainers while Adani Ports, Wipro, Infosys, TCS and NTPC are losers in the Sensex. Welspun, Jubilant Life are most active shares.
Bank Nifty is at 52-week high with gainers like HDFC twins, SBI, ICICI and Axis Bank. Gainers in the Sensex include Adani Ports, TCS and BHEL. Metals have cooled off from yesterday's rise. Coal India, GAIL, Tata Steel, L&T and Wipro are losers in the Sensex.
Big cues this week for the market will be GST discussion, July series expiry and FOMC meeting on July 26-27.
GAIL, Asain Piants, Tata Motors, ITC and M&M are top gainers in the Sensex.