News for 'Axis Bank on Wednesday'

Sensex rallies over 300 points to hit fresh peak

Sensex rallies over 300 points to hit fresh peak

Rediff.com17 Nov 2020

Tata Steel was the top gainer among the Sensex constituents, surging around 6 per cent, followed by SBI, HDFC Bank, Bajaj Finance, Axis Bank, LT, Maruti, IndusInd Bank and HDFC. NSE Nifty touched a fresh intra-day high of 12,934.05.

RIL, Maruti, SBI give Sensex 620-point boost

RIL, Maruti, SBI give Sensex 620-point boost

Rediff.com1 Dec 2021

IndusInd Bank was the top gainer in the Sensex pack, rising nearly 6 per cent, followed by Axis Bank, SBI, Maruti, Tech Mahindra and Reliance Industries. NSE Nifty surged 183.70 points to close at 17,166.90.

Sensex jumps 149 points to new record

Sensex jumps 149 points to new record

Rediff.com12 Oct 2021

Titan was the top gainer in the Sensex pack, rallying over 5 per cent, followed by Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank and Tata Steel. Nifty rose 46 points to its fresh closing peak of 17,991.95.

Sensex rises 123 points to close at five-month high

Sensex rises 123 points to close at five-month high

Rediff.com12 May 2023

Benchmark BSE Sensex recovered from early lows to close at a five-month high on Friday, riding on gains in banking and auto stocks ahead of the release of key inflation data. The 30-share index gained 123.38 points or 0.20 per cent to settle at 62,027.90, the highest closing level since December 12, 2022. The barometer opened lower due to early weakness in energy, power and IT stocks and touched a low of 61,578.15 in the day trade.

Moody's puts 13 Indian banks on watch

Moody's puts 13 Indian banks on watch

Rediff.com30 May 2009

Rating agency Moody's has placed 13 Indian banks, including State Bank of India, ICICI Bank and Punjab National Bank, on watch for possible downgrade under a global review of systemic support available for the banking sector.

Sensex tanks 433 pts; Nifty gives up 11,200 level

Sensex tanks 433 pts; Nifty gives up 11,200 level

Rediff.com14 Aug 2020

Axis Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by SBI, M&M, Bajaj Finance, ITC, HDFC Bank, HCL Tech and IndusInd Bank.

Sensex ends 215 points lower as Reliance tumbles

Sensex ends 215 points lower as Reliance tumbles

Rediff.com6 Aug 2021

Reliance Industries was the top laggard in the Sensex pack, shedding over 2 per cent, followed by UltraTech Cement, SBI, Tata Steel, HDFC and Axis Bank. NSE Nifty fell 56.40 points to 16,238.20.

Credit cards of Indian banks recovered

Credit cards of Indian banks recovered

Rediff.com29 Nov 2008

Police are yet to contact banks whose credit cards are said to have been found from terrorists who carried out brazen attacks on Mumbai.

Sensex slips 81 points; Nifty holds 14,100 level

Sensex slips 81 points; Nifty holds 14,100 level

Rediff.com7 Jan 2021

Titan was the top loser in the Sensex pack, shedding around 2 per cent, followed by Nestle India, HUL, HCL Tech, Infosys, ITC and Kotak Bank. On the other hand, Bharti Airtel, IndusInd Bank, Axis Bank, Bajaj Finserv and L&T were among the gainers.

Sensex surges 600 points to scale 61k-mark

Sensex surges 600 points to scale 61k-mark

Rediff.com14 Feb 2023

ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro. On the other hand, NTPC, UltraTech Cement, L&T, Sun Pharma, Asian Paints and Maruti were among the major laggards.

Sensex sinks 812 pts on global selloff; Nifty cracks below 11,300

Sensex sinks 812 pts on global selloff; Nifty cracks below 11,300

Rediff.com21 Sep 2020

IndusInd Bank was the top loser in the Sensex pack, tanking over 8 per cent, followed by Bharti Airtel, Tata Steel, ICICI Bank, M&M, Maruti, Axis Bank and ONGC. On the other hand, Kotak Bank, Infosys and TCS were the gainers.

Private banks cut exposure to stressed sectors

Private banks cut exposure to stressed sectors

Rediff.com24 Jun 2014

Private lenders have also been expanding their branch and automate teller machine networks aggressively.

BSE, NSE end flat after choppy trade

BSE, NSE end flat after choppy trade

Rediff.com12 Feb 2021

ICICI Bank was the top gainer in the Sensex pack, rising over 2 per cent, followed by Axis Bank, Infosys, HDFC twins, Bajaj Finserv and SBI. On the other hand, ITC, ONGC, Sun Pharma, Bharti Airtel and Titan were among the laggards.

Sensex plunges 871 points on global cues

Sensex plunges 871 points on global cues

Rediff.com24 Mar 2021

M&M was the top loser in the Sensex pack, shedding around 4 per cent, followed by SBI, ICICI Bank, Axis Bank, IndusInd Bank, ITC and NTPC. NSE Nifty declined 265.35 points to 14,549.40.

Fag-end selling pressure drag Sensex down by 137 points

Fag-end selling pressure drag Sensex down by 137 points

Rediff.com13 May 2022

The Sensex came under fag-end selling pressure to close in the red for the sixth straight session on Friday as risk-off sentiment prevailed amid unabated selling by foreign institutional investors and concerns over inflation. The 30-share BSE benchmark pared all intra-day gains and declined 136.69 points or 0.26 per cent to end at 52,793.62. During the day, it had rallied 855.4 points or 1.61 per cent to 53,785.71. On similar lines, the broader NSE Nifty dipped 25.85 points or 0.16 per cent to settle at 15,782.15.

Nifty closes at record high; Sensex gains 246 points

Nifty closes at record high; Sensex gains 246 points

Rediff.com13 Sep 2023

Titan, IndusInd Bank, Axis Bank, State Bank of India, Power Grid, NTPC and Tata Motors were among the among the major gainers. Mahindra & Mahindra, Larsen & Toubro, Nestle, JSW Steel, Infosys and Tata Consultancy Services, Tech Mahindra and Maruti were the major laggards.

Financial stocks drag Sensex down 87 points

Financial stocks drag Sensex down 87 points

Rediff.com22 Mar 2021

IndusInd Bank was the top loser in the Sensex pack, shedding around 4 per cent, followed by PowerGrid, ICICI Bank, HDFC Bank, Axis Bank and Bajaj Finance. NSE Nifty dipped 7.60 points to 14,736.40.

Index heavyweights pull Sensex down 334 points

Index heavyweights pull Sensex down 334 points

Rediff.com9 Jun 2021

L&T was the top loser in the Sensex pack, shedding around 2 per cent, followed by Reliance Industries, Bajaj Finserv, IndusInd Bank, SBI, Maruti, Axis Bank and Bajaj Auto.

Consumer loans become cheaper as banks adopt new rate formula

Consumer loans become cheaper as banks adopt new rate formula

Rediff.com1 Apr 2016

RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1

Sensex rallies 958 points to end at new lifetime high of 59,885

Sensex rallies 958 points to end at new lifetime high of 59,885

Rediff.com23 Sep 2021

Bajaj Finserv was the top gainer in the Sensex pack, rising over 4 per cent, followed by L&T, HDFC, Axis Bank, SBI, Reliance Industries and IndusInd Bank. NSE Nifty soared 276.30 points to its new closing peak of 17,823.

Canara, Union Bank end teaser home loans

Canara, Union Bank end teaser home loans

Rediff.com12 Feb 2010

Teaser loans may be on their way out with Canara Bank and Union Bank of India opting to withdraw the scheme in anticipation of a high interest rates.

Financial stocks lift Sensex to record closing high

Financial stocks lift Sensex to record closing high

Rediff.com3 Jun 2021

Titan was the top gainer in the Sensex pack, soaring nearly 7 per cent, followed by ONGC, L&T, Kotak Bank, Axis Bank, Bajaj Finance and HDFC Bank. NSE Nifty soared 114.15 points to end at its lifetime peak of 15,690.35.

Sensex snaps 3-day winning run; falls 542 points

Sensex snaps 3-day winning run; falls 542 points

Rediff.com9 Mar 2023

M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers.

BSE, NSE end at fresh lifetime highs

BSE, NSE end at fresh lifetime highs

Rediff.com25 Nov 2022

Equity benchmarks settled at record highs on Friday, rallying for the fourth day running, helped by intense buying in index majors Reliance Industries, Wipro and Maruti. In a largely range-bound trade, the 30-share BSE Sensex climbed 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high. During the day, it jumped 175.05 points or 0.28 per cent to 62,447.73 -- its lifetime intra-day peak.

Sensex, Nifty rebound on heavy buying in RIL

Sensex, Nifty rebound on heavy buying in RIL

Rediff.com10 Jul 2023

From the Sensex pack, Reliance Industries jumped the most by 3.78 per cent. Tata Steel, Bharti Airtel, IndusInd Bank, Kotak Mahindra Bank, UltraTech Cement, ICICI Bank and Tata Motors were the other biggest gainers. Titan, HCL Technologies, Power Grid, Tata Consultancy Services, Wipro, Hindustan Unilever, Axis Bank and Nestle were among the major laggards.

Sensex starts FY21 with 1,203-pt plunge; bank, IT stocks hammered

Sensex starts FY21 with 1,203-pt plunge; bank, IT stocks hammered

Rediff.com1 Apr 2020

Tech Mahindra was the top loser in the Sensex pack, crashing over 9 per cent, followed by Kotak Bank, Axis Bank, TCS, Infosys and HUL. On the other hand, Hero MotoCorp, Bajaj Auto, Bajaj Finance and Titan were the gainers.

Sensex, Nifty end marginally lower

Sensex, Nifty end marginally lower

Rediff.com14 Jan 2022

Asian Paints was the top loser in the Sensex pack, shedding 2.66 per cent, followed by Axis Bank, HUL, Wipro, M&M, HDFC and Bharti Airtel. On the other hand, TCS, Infosys, L&T, Tech Mahindra and HDFC Bank were among the gainers.

Markets settle lower on fag-end sell-off; Sensex falls 311 points

Markets settle lower on fag-end sell-off; Sensex falls 311 points

Rediff.com25 Aug 2022

Equity benchmarks ended lower on Thursday as a fag-end sell-off wiped out early gains, with IT and bank stocks playing spoilsport amid monthly derivatives expiry. After remaining in the positive territory for most part of the trade, the BSE Sensex suddenly came under selling pressure during the last half-hour of the session, declining 310.71 points or 0.53 per cent to settle at 58,774.72. During the day, it hit a high of 59,484.35 and a low of 58,666.41.

Want To Invest In Corporate Bond Funds?

Want To Invest In Corporate Bond Funds?

Rediff.com24 Oct 2024

'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.

Free ATMs? Big banks to make money

Free ATMs? Big banks to make money

Rediff.com27 Mar 2009

Banks that own ATMs charge an inter-change fee for providing the facility to the customers of other banks. For larger players such as SBI, ICICI, HDFC and Axis Bank, the shift would mean higher revenues as customers would tend to use the nearest ATM. Smaller banks, which already allow their account holders to access any ATM without having to pay a transaction charge, fear the bigger players, sensing an opportunity, may increase the inter-change fee over the next 6 months.

Positive economic data lift Sensex by 397 points

Positive economic data lift Sensex by 397 points

Rediff.com13 Jul 2021

ICICI Bank was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by HDFC, Axis Bank, Sun Pharma, NTPC and M&M. NSE Nifty surged 119.75 points to 15,812.35.

Now, open a bank account through Aadhaar without paperwork

Now, open a bank account through Aadhaar without paperwork

Rediff.com25 Oct 2013

The Unique Identification Authority of India (UIDAI) has enabled a feature that would allow anyone with an Aadhaar number to open a bank account, without any paperwork.

Banks, FIs step up property buys

Banks, FIs step up property buys

Rediff.com23 Jan 2009

With real estate prices moving southwards, several banks and financial institutions are buying their own properties and shifting from rented and leased premises.

Market starts 2022 with a bang: Sensex soars 929 pts to reclaim 59K

Market starts 2022 with a bang: Sensex soars 929 pts to reclaim 59K

Rediff.com3 Jan 2022

Among the prominent gainers on the Sensex chart were Bajaj Finance, Bajaj FinServ, ICICI Bank, Axis bank, Tata Steel, IndusInd Bank and HDFC Bank -- rising as much as 3.50 per cent. NSE Nifty soared 271.65 points to settle at 17,625.70.

Profit-booking in financials drags Sensex down 183 pts

Profit-booking in financials drags Sensex down 183 pts

Rediff.com9 Jul 2021

Bajaj Auto was the top loser in the Sensex pack, shedding around 2 per cent, followed by TCS, HDFC Bank, Axis Bank, Reliance Industries and Tech Mahindra. On the other hand, Tata Steel, Bajaj Finserv, Bharti Airtel and NTPC were among the gainers. NSE Nifty dropped 38.10 points to close at 15,689.80.

Sensex rallies 661 points on gains in auto, financials

Sensex rallies 661 points on gains in auto, financials

Rediff.com13 Apr 2021

M&M was the top gainer in the Sensex pack, rallying around 8 per cent, followed by Bajaj Finserv, Bajaj Finance, Maruti, Axis Bank, ONGC and HDFC Bank. NSE Nifty surged 194 points to 14,504.80.

Select unsecured loans up by nearly Rs 7 trillion since 2019

Select unsecured loans up by nearly Rs 7 trillion since 2019

Rediff.com16 Oct 2023

People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.

2nd Covid wave spooks investors; Sensex plunges 1,708 points

2nd Covid wave spooks investors; Sensex plunges 1,708 points

Rediff.com12 Apr 2021

IndusInd Bank was the top loser in the Sensex pack, tanking over 8 per cent, followed by Bajaj Finance, SBI, ONGC, Titan, M&M, Bajaj Finserv, ICICI Bank and Axis Bank. NSE Nifty plunged 524.05 points to finish at 14,310.80.

D-Street in bear hug; Sensex tumbles over 714 points

D-Street in bear hug; Sensex tumbles over 714 points

Rediff.com22 Apr 2022

Equity markets halted their two-day rally on Friday, with the Sensex tumbling 714.53 points amid weak global equities and selling in index majors Infosys, ICICI Bank, HDFC Bank and Reliance Industries. Continuous foreign fund outflows also dented sentiments. The BSE benchmark Sensex tanked 714.53 points or 1.23 per cent to settle at 57,197.15. During the day, it plummeted 776.96 points or 1.34 per cent to 57,134.72. The NSE Nifty also declined 220.65 points or 1.27 per cent to 17,171.95.

Sensex slips 85 points; financial, IT stocks drag

Sensex slips 85 points; financial, IT stocks drag

Rediff.com2 Jun 2021

ITC was the top loser in the Sensex pack, shedding nearly 3 per cent, followed by Tech Mahindra, Axis Bank, Asian Paints, TCS, HCL Tech, HDFC and Kotak Bank.