News for 'axis-bank'

Markets end in green; Sensex up 14 points at close

Markets end in green; Sensex up 14 points at close

Rediff.com10 Apr 2023

Wipro, Power Grid, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, NTPC, Titan, Tata Consultancy Services and HCL Technologies were among the other major winners. Bajaj Finance, IndusInd Bank, Asian Paints, Hindustan Unilever, Axis Bank, ICICI Bank, Reliance Industries and HDFC Bank were among the laggards.

Sensex snaps 3-day losing run, climbs 298 points

Sensex snaps 3-day losing run, climbs 298 points

Rediff.com19 May 2023

Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. NTPC, Asian Paints, Titan and Power Grid were among the laggards.

Sensex surges 226 points to end at record high

Sensex surges 226 points to end at record high

Rediff.com25 Jun 2021

Tata Steel was the top gainer in the Sensex pack, rising over 4 per cent, followed by Axis Bank, SBI, ICICI Bank, Bajaj Finserv, L&T and Maruti. NSE Nifty advanced 69.90 points to 15,860.35.

Markets rebound nearly 1%, Sensex ends up 479 points

Markets rebound nearly 1%, Sensex ends up 479 points

Rediff.com12 Oct 2022

Benchmark indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday, snapping their three-day losing run following gains in banking, power and IT shares amid positive trends in European markets. The 30-share BSE barometer climbed 478.59 points or 0.84 per cent to settle at 57,625.91. During the day, it jumped 540.32 points or 0.94 per cent to 57,687.64.

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.

D-Street ends on a high; Sensex rallies 1,040 points

D-Street ends on a high; Sensex rallies 1,040 points

Rediff.com16 Mar 2022

Ultratech Cement was the top gainer in the Sensex pack, spurting nearly 5 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Bajaj Finserv, Infosys and Bajaj Finance.

Sensex reclaims 60K-mark, Nifty rises 120 points

Sensex reclaims 60K-mark, Nifty rises 120 points

Rediff.com24 Apr 2023

Among the Sensex firms, Wipro, Axis Bank, Titan, UltraTech Cement and HDFC Bank, HDFC, HCL Tech and Reliance were the gainers.

Markets sink over 2%; Sensex ends below 53K

Markets sink over 2%; Sensex ends below 53K

Rediff.com12 May 2022

Benchmark indices continued their downtrend for the fifth session on the trot on Thursday, with the Sensex tumbling nearly 817 points in early trade, tracking weak global trends and selling in index majors Reliance Industries and HDFC Bank. Unabated selling by foreign institutional investors also weighed on the sentiment. The 30-share BSE Sensex was trading 816.78 points lower at 53,271.61. The NSE Nifty declined 234.05 points to 15,933.05.

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Sensex climbs 212 points; metal stocks sparkle

Sensex climbs 212 points; metal stocks sparkle

Rediff.com27 Oct 2022

Equity benchmarks Sensex and Nifty settled on a positive note on Thursday, helped by buying in metal and realty stocks amid mixed global market trends. The 30-share BSE benchmark climbed 212.88 points or 0.36 per cent to settle at 59,756.84. During the day, it jumped 415.98 points or 0.69 per cent to 59,959.94. On similar lines, the broader NSE Nifty advanced 80.60 points or 0.46 per cent to end at 17,736.95.

HDFC Bank's ADR premium plunges below 5%, lowest since June last year

HDFC Bank's ADR premium plunges below 5%, lowest since June last year

Rediff.com11 Oct 2023

The country's most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this - the diminishing premium of HDFC Bank's American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium has shrunk to below 5 per cent, down from over 30 per cent in March 2021, and even lower than recent levels.

Sensex bleeds in morning trade, down by 869 pts

Sensex bleeds in morning trade, down by 869 pts

Rediff.com25 Jan 2023

Benchmark indices Sensex and Nifty declined in early trade on Wednesday due to selling in financials, oil and IT stocks amid weak global trends.

Markets in free fall; Sensex tanks 954 points

Markets in free fall; Sensex tanks 954 points

Rediff.com26 Sep 2022

Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 per cent each amid weak global market trends and foreign fund outflows. Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.

Post-Budget market rally continues; Sensex surges 696 points

Post-Budget market rally continues; Sensex surges 696 points

Rediff.com2 Feb 2022

IndusInd Bank was the top gainer in the Sensex pack, spurting over 5 per cent, followed by Bajaj Finserv, HCL Tech, Bajaj Finance, Kotak Bank and Axis Bank. NSE Nifty jumped 203.15 points to 17,780.00.

Sensex tanks 587 points; HDFC Bank slumps over 3%

Sensex tanks 587 points; HDFC Bank slumps over 3%

Rediff.com19 Jul 2021

HDFC Bank was the top loser in the Sensex pack followed by IndusInd Bank, Axis Bank, HDFC, Maruti and Bajaj Finance. NSE Nifty fell 171 points to 15,752.40.

Sensex slips below 61K; Nifty retains 18,000 mark

Sensex slips below 61K; Nifty retains 18,000 mark

Rediff.com10 Nov 2022

Equity benchmark Sensex declined over 410 points to close below the 61,000-mark on Thursday, tracking weakness in M&M, Bajaj Finserv and Reliance Industries amid widespread selling pressure in global markets. A depreciating rupee also put pressure on domestic equities, traders said. In a subdued session, the 30-share BSE Sensex ended 419.85 points or 0.69 per cent lower at 60,613.70.

Markets snap 4-day rally; auto, bank stocks fall

Markets snap 4-day rally; auto, bank stocks fall

Rediff.com8 Jun 2023

Kotak Mahindra Bank was the biggest loser in the Sensex pack, sliding 2.68 per cent, followed by Tech Mahindra, Mahindra & Mahindra, Axis Bank, Hindustan Unilever, Tata Motors, Tata Consultancy Services, Bajaj Finserv, Bajaj Finance, Nestle and Titan. In contrast, NTPC, Power Grid, Larsen & Toubro, HDFC, Reliance and HDFC Bank were the gainers.

Buying in index majors push Sensex up 327 points

Buying in index majors push Sensex up 327 points

Rediff.com2 Jan 2023

Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets. The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.

Sensex tanks 897 points to close below 59K

Sensex tanks 897 points to close below 59K

Rediff.com13 Mar 2023

IndusInd Bank was the biggest loser in the Sensex pack, shedding 7.46 per cent, followed by SBI, Tata Motors, M&M, Bajaj Finserv, Axis Bank and Infosys. In contrast, Tech Mahindra was the only winner.

Q1 results: India Inc profit surges 65% but shows lopsided growth

Q1 results: India Inc profit surges 65% but shows lopsided growth

Rediff.com15 Aug 2023

There has been a sharp recovery in the headline corporate earnings in the April-June 2023 quarter (Q1FY24), after a dismal showing by early bird companies. The combined net profit of the 983 listed companies that have declared their quarterly results, so far, was up 64.7 per cent year-on-year to record a high of Rs 2.68 trillion in the first quarter, but growth in earnings remained lopsided because most of the incremental gains came from a handful of companies. Moreover, the quarterly numbers showed a continued slowdown in revenue growth.

Foreign fund inflows push Sensex up by 105 points

Foreign fund inflows push Sensex up by 105 points

Rediff.com9 Sep 2022

Benchmark indices ended on a firm note on Friday, extending their previous day's gain, amid continuous foreign fund inflows and a positive trend in the global markets. The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14. During the day, it jumped 431.58 points or 0.72 per cent to 60,119.80.

Markets rally after 3 days; Sensex zoomed 847 points

Markets rally after 3 days; Sensex zoomed 847 points

Rediff.com9 Jan 2023

Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters. The 30-share BSE Sensex zoomed 846.94 points or 1.41 per cent to settle at 60,747.31. During the day, it jumped 989.04 points or 1.65 per cent to 60,889.41.

'We want to be No. 1 in affordable housing by FY26'

'We want to be No. 1 in affordable housing by FY26'

Rediff.com11 Oct 2023

'This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.'

Investors wealth climbs over Rs 2.27 lakh cr on market rally

Investors wealth climbs over Rs 2.27 lakh cr on market rally

Rediff.com8 May 2023

Investors became richer by over Rs 2.27 lakh crore on Monday as equities rebounded, with the BSE Sensex rallying over 1 per cent amid continuous foreign fund inflows and upbeat global markets. The 30-share BSE Sensex jumped 709.96 points or 1.16 per cent to settle at 61,764.25. During the day, it zoomed 799.9 points or 1.31 per cent to 61,854.19. Following the rally, the market capitalisation of BSE-listed firms jumped by Rs 2,27,794.46 crore to Rs 2,76,06,443.06 crore.

Markets crash amid global rout; Sensex dives 867 points

Markets crash amid global rout; Sensex dives 867 points

Rediff.com6 May 2022

Equity benchmarks nosedived on Friday, with the Sensex crashing 866.65 points to close below the 55,000-mark amid a sell-off in global markets. Unabated foreign fund outflows and firm crude oil prices also weighed on sentiment. The 30-share BSE Sensex dived 866.65 points or 1.56 per cent to finish at 54,835.58.

Why Uday Kotak Will Step Down In December

Why Uday Kotak Will Step Down In December

Rediff.com7 Aug 2023

Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were 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.

Credit card spends jump 57% in September

Credit card spends jump 57% in September

Rediff.com3 Nov 2021

Credit card spends jumped 57 per cent year-on-year (YoY) in September, aided by the festive season. According to the latest Reserve Bank of India (RBI) data, in September, credit card spends totalled Rs 80,477.18 crore compared to Rs 77,981 crore in August, thereby registering a 3.2 per cent growth sequentially, despite the high base. In the corresponding period last year, credit card spend was to the tune of Rs 51,356.68 crore.

Index heavyweights drag Sensex down 179 points

Index heavyweights drag Sensex down 179 points

Rediff.com17 Jun 2021

IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by Dr Reddy's, NTPC, Maruti, Axis Bank, Bajaj Auto, Bharti Airtel and HDFC. NSE Nifty declined 76.15 points to 15,691.40.

Sensex succumbs to late sell-off, ends 77 pts lower

Sensex succumbs to late sell-off, ends 77 pts lower

Rediff.com28 Jan 2022

The Sensex was pulled lower mainly by Maruti, Tech Mahindra, PowerGrid, ICICI Bank, Axis Bank and SBI -- which suffered losses to the tune of 3 per cent.

Sensex drops 273 pts on sell-off in pharma, bank stocks

Sensex drops 273 pts on sell-off in pharma, bank stocks

Rediff.com27 Jul 2021

Equity benchmark Sensex tumbled over 273 points on Tuesday, tracking losses in index majors Reliance Industries, Dr Reddy's and Axis Bank amid a massive selloff in Chinese markets. Despite opening on a positive note, the 30-share BSE index turned red to end 273.51 points or 0.52 per cent lower at 52,578.76, while the broader NSE Nifty fell 78 points or 0.49 per cent to 15,746.45. Dr Reddy's was the top loser in the Sensex pack, plunging over 10 per cent, after the company reported s 36 per cent decline in consolidated net profit at Rs 380.4 crore for the quarter ended June 30, 2021, on account of higher expenses.

ICICI Bank, HDFC and SBI drag Sensex down by 433 pts

ICICI Bank, HDFC and SBI drag Sensex down by 433 pts

Rediff.com11 Nov 2021

SBI was the top loser in the Sensex pack, shedding around 3 per cent, followed by Bajaj Finserv, Tech Mahindra, Sun Pharma, Bajaj Finance and Axis Bank. Nifty fell 143.60 points to 17,873.60.

Sensex, Nifty end in red

Sensex, Nifty end in red

Rediff.com7 Sep 2021

HDFC was the top gainer in the Sensex pack, rising 2.56 per cent, followed by Bharti Airtel, IndusInd Bank, ITC, UltraTech Cement, Nestle India and Asian Paints. On the other hand, Sun Pharma, Tech Mahindra, Axis Bank, HCL Tech, Infosys and Tata Steel were among the laggards.

Sensex, Nifty pare early gains to close lower

Sensex, Nifty pare early gains to close lower

Rediff.com16 Jan 2023

Benchmark equity index Sensex and Nifty gave up early gains and ended lower on Monday as investor sentiment was hit due to unabated foreign fund outflows and losses in index heavyweights Reliance Industries and HDFC Bank. The 30-share BSE Sensex declined 168.21 points or 0.28 per cent to settle at 60,092.97 as 15 of its constituents dropped. The barometer opened higher and touched a high of 60,586.77 in morning session. Later in the day, it fell 297.35 points or 0.49 per cent to 59,963.83.

Sensex tumbles 483 points on selling in IT, banking shares

Sensex tumbles 483 points on selling in IT, banking shares

Rediff.com11 Apr 2022

Benchmark stock indices opened the week on a muted note on Monday, with the Sensex plunging nearly 483 points due to selling in IT, capital goods and banking shares amid losses in global equities. The Sensex tanked 482.61 points or 0.81 per cent to settle at 58,964.57. During the day, it tumbled 552.78 points or 0.92 per cent to 58,894.40. The 50-issue Nifty declined by 109.40 points or 0.62 per cent to finish at 17,674.95 as 29 of its stocks declined.

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.

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Rediff.com20 Jul 2023

ITC was the biggest gainer in the Sensex pack, rising nearly 3 per cent, followed by Kotak Mahindra Bank, ICICI Bank, Maruti, Bharti Airtel, State Bank of India, Sun Pharmaceutical Industries, Axis Bank, Reliance Industries, Hindustan Unilever and JSW Steel. On the other hand, Infosys, UltraTech Cement, HCL Technologies, Bajaj Finserv, Larsen & Toubro, Titan, Tata Consultancy Services and Wipro were the laggards.

Recovery in markets makes investors richer by Rs 3.20 lakh cr

Recovery in markets makes investors richer by Rs 3.20 lakh cr

Rediff.com1 Mar 2023

Investors' wealth climbed Rs 3.20 lakh crore as markets staged a smart comeback on Wednesday after falling in the last eight trading sessions. The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45.

Sensex ends 125 pts lower; Nifty slips below 17,600

Sensex ends 125 pts lower; Nifty slips below 17,600

Rediff.com17 Sep 2021

Kotak Bank was the top gainer in the Sensex pack, rising over 5 per cent, followed by Bharti Airtel, HDFC Bank, Maruti, Axis Bank and Nestle India.