News for 'axis'

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Rediff.com12 May 2025

From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.

Sensex, Nifty end in red on rising India-Pak tensions

Sensex, Nifty end in red on rising India-Pak tensions

Rediff.com8 May 2025

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

Equity market volatility may persist; long-term outlook remains constructive: Experts

Equity market volatility may persist; long-term outlook remains constructive: Experts

Rediff.com3 Apr 2025

The heightened global uncertainty due to the US "reciprocal tariffs" on India may cause near-term corrections and market turbulence, but the long-term outlook remains constructive, market experts said on Thursday. The US has announced 27 per cent reciprocal tariffs on India, citing high import duties imposed by New Delhi on American goods.

Equity mutual funds cash rich even as inflows decline

Equity mutual funds cash rich even as inflows decline

Rediff.com25 Mar 2025

Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Rediff.com16 Apr 2025

From the Sensex shares, IndusInd Bank jumped 7.12 per cent. Axis Bank, Adani Ports, Asian Paints, Bharti Airtel, State Bank of India and ITC were also among the gainers. Maruti, Infosys, Tata Motors, Larsen & Toubro, NTPC and Bajaj Finance were among the laggards.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

Tech Failures Behind UPI Outages

Tech Failures Behind UPI Outages

Rediff.com16 Apr 2025

An hour-long disruption could affect around 40 million UPI transactions.

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

Sensex drops 728 pts on profit-taking in IT, banking shares

Sensex drops 728 pts on profit-taking in IT, banking shares

Rediff.com26 Mar 2025

From the Sensex pack, NTPC, Tech Mahindra, Zomato, Axis Bank, Bajaj Finance, Infosys, Maruti, State Bank of India, Kotak Mahindra Bank, Reliance Industries, Hindustan Unilever, and HDFC Bank were the losers. IndusInd Bank, HCL Tech, Titan, Mahindra & Mahindra and Power Grid were the gainers.

Sensex, Nifty surge over 2% on rally in global markets

Sensex, Nifty surge over 2% on rally in global markets

Rediff.com15 Apr 2025

All the BSE sectoral indices closed in the green. BSE Realty, Auto, Capital Goods and Industrials were lead gainers, jumping up to 5 per cent. IndusInd Bank was the lead gainer among Sensex shares, surging by 6.84 per cent. Tata Motors rallied 4.50 per cent. Larsen & Toubro, Axis Bank, Adani Ports, HDFC Bank, ICICI Bank and HCL Tech were also among the gainers. ITC and Hindustan Unilever were the only laggards.

Sensex pares most gains, closes up 33 points

Sensex pares most gains, closes up 33 points

Rediff.com25 Mar 2025

From the Sensex pack, UltraTech Cement, Infosys, Bajaj Finserv, Axis Bank, HDFC Bank, Bharti Airtel, HCL Tech and Tata Consultancy Services were the biggest gainers. Zomato tanked nearly 6 per cent followed by IndusInd Bank which declined about 5 per cent. Adani Ports, Mahindra & Mahindra, Reliance Industries and Sun Pharma were also among the laggards.

Sensex jumps 1,078 points on FII inflows, bank stocks

Sensex jumps 1,078 points on FII inflows, bank stocks

Rediff.com24 Mar 2025

From the Sensex pack, NTPC, Kotak Mahindra Bank, State Bank of India, Tech Mahindra, Power Grid, Bajaj Finserv, Axis Bank, HCL Tech, Reliance Industries and Bajaj Finance were the biggest gainers. Titan, IndusInd Bank, Zomato, Mahindra & Mahindra, Bharti Airtel, Nestle and Infosys were the laggards.

Early-bird Q4 results reflect earning hiccups

Early-bird Q4 results reflect earning hiccups

Rediff.com5 May 2025

Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. The combined net profit (adjusted for exceptional gains and losses) of 175 early-reporting companies rose by 3.8 per cent year-on-year (Y-o-Y) in Q4FY25, marking the slowest growth in 17 quarters.

Sensex climbs 557 points; bank stocks rally

Sensex climbs 557 points; bank stocks rally

Rediff.com21 Mar 2025

From the Sensex pack, NTPC, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, Nestle, Larsen & Toubro, Tata Motors, ICICI Bank, Power Grid and Zomato were among the gainers. However, Infosys, Tata Steel, Mahindra & Mahindra, Titan and Bajaj Finserv were among the laggards.

Mehul Choksi detained in Belgium on India's extradition request

Mehul Choksi detained in Belgium on India's extradition request

Rediff.com14 Apr 2025

Absconding diamond jeweller Mehul Choksi has been detained in Belgium following an extradition request by Indian probe agencies for his alleged involvement in the Rs 13,000 crore PNB bank loan 'fraud' case, official sources said Monday. The action against the diamantaire was taken on Saturday.

How To Invest In Debt Funds Now

How To Invest In Debt Funds Now

Rediff.com25 Apr 2025

With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.

Sensex, Nifty join global selloff on trade war fears

Sensex, Nifty join global selloff on trade war fears

Rediff.com4 Apr 2025

Tata Steel was the biggest loser in the Sensex pack, sliding 8.59 per cent, followed by Tata Motors, Larsen & Toubro, Adani Ports, IndusInd Bank, Tech Mahindra, Reliance Industries, Sun Pharmaceutical, HCL Technologies, Tata Consultancy Services, Infosys, and NTPC, were the major laggards. On the other hand, Bajaj Finance, HDFC Bank, Nestle India, ICICI Bank, ITC, Asian Paints and Axis Bank were among the gainers.

Investors' wealth swells by Rs 27.10 lakh cr

Investors' wealth swells by Rs 27.10 lakh cr

Rediff.com24 Mar 2025

Markets investors became richer by Rs 27.10 lakh crore as the BSE benchmark Sensex continued to rally for the sixth trading day, surging nearly 6 per cent during this period. On Monday, the 30-share BSE bellwether gauge jumped 1,078.87 points or 1.40 per cent to settle at an over six-week high of 77,984.38. During the day, the benchmark zoomed 1,201.72 points or 1.56 per cent to 78,107.23.

Bulls prowl D-Street; Sensex surges 1,089 points

Bulls prowl D-Street; Sensex surges 1,089 points

Rediff.com8 Apr 2025

All Sensex firms, except Power Grid, ended in the positive territory. Titan, Bajaj Finance, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finserv, Asian Paints and Zomato were the biggest gainers.

Sensex, Nifty end n red on selling in IT, telecom stocks

Sensex, Nifty end n red on selling in IT, telecom stocks

Rediff.com12 Mar 2025

From the Sensex pack, Infosys, Tech Mahindra, Nestle India, Tata Consultancy Services, HCL Technologies, Asian Paints, Axis Bank, Zomato, Hindustan Unilever, and Bharti Airtel were among the laggards. On the other hand, IndusInd Bank, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, HDFC Bank, ITC, Sun Pharma, Bajaj Finserv and UltraTech Cement were the gainers.

Sensex ends 322 points lower on selling in IT & Teck stocks

Sensex ends 322 points lower on selling in IT & Teck stocks

Rediff.com3 Apr 2025

From the Sensex pack, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Tata Motors, Bajaj Finance, Kotak Mahindra Bank, Mahindra & Mahindra, Bharti Airtel and Maruti Suzuki India, Tata Steel were the major laggards. PowerGrid, Sun Pharmaceuticals, UltraTech Cement, NTPC, Asian Paints, Nestle India, Titan, IndusInd Bank and Axis Bank were among the gainers.

Fresh US tariffs unnerve investors; Sensex down 380 points

Fresh US tariffs unnerve investors; Sensex down 380 points

Rediff.com9 Apr 2025

State Bank of India, Tech Mahindra, Larsen & Toubro, Tata Steel, Sun Pharma, Infosys, HCL Tech, Axis Bank, Tata Consultancy Services and NTPC were among the biggest laggards among Sensex shares. Nestle, Hindustan Unilever, Titan, Power Grid, UltraTech Cement and ITC were among the gainers.

DNA of Parliament breach accused from 'Congress-Communist axis': BJP

DNA of Parliament breach accused from 'Congress-Communist axis': BJP

Rediff.com14 Dec 2023

Slamming Opposition parties for disrupting parliamentary proceedings, the Bharatiya Janata Party on Thursday said as details of the Parliament security breach incident emerge, it is getting "obvious" that the DNA of those who entered the Lok Sabha is inextricably linked to the "Congress-Communist axis".

Market crash wipes out Rs 14 lakh cr from investors kitty

Market crash wipes out Rs 14 lakh cr from investors kitty

Rediff.com7 Apr 2025

Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.

Sensex sinks 2,227 pts, its steepest fall since 2024 LS debacle

Sensex sinks 2,227 pts, its steepest fall since 2024 LS debacle

Rediff.com7 Apr 2025

All Sensex shares, except for Hindustan Unilever, ended with losses. Tata Steel fell the most by 7.33 per cent followed by Larsen & Toubro which cracked 5.78 per cent. Tata Motors, Kotak Mahindra Bank, Mahindra & Mahindra, Infosys, Axis Bank, ICICI Bank, HCL Technologies and HDFC Bank were the other big laggards. Hindustan Unilever ended marginally higher.

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

Sensex, Nifty settle almost flat in lacklustre trade

Sensex, Nifty settle almost flat in lacklustre trade

Rediff.com11 Mar 2025

From the Sensex pack, IndusInd Bank, Infosys, Bajaj Finserv, Mahindra & Mahindra, Zomato, Hindustan Unilever, Power Grid, Axis Bank, UltraTech Cement, Adani Ports, and Tata Consultancy Services were among the laggards. On the other hand, Sun Pharmaceuticals, ICICI Bank, Bharti Airtel, HCL Technologies, Maruti Suzuki India, Larsen & Toubro, Reliance Industries, Kotak Mahindra Bank and Titan were the gainers.

Sensex rallies 610 points to reclaim 74,000

Sensex rallies 610 points to reclaim 74,000

Rediff.com6 Mar 2025

From the Sensex pack, Asian Paints, NTPC, Reliance Industries, Tata Steel, Bajaj Finserv, Hindustan Unilever, Sun Pharmaceuticals, Adani Ports & SEZ, Axis Bank, Tata Consultancy Services, Titan and Bajaj Finance were the major gainers. Tech Mahindra, Kotak Mahindra Bank, Zomato, Tata Motors, and IndusInd Bank were the laggards.

Sensex climbs 341 points amid sharp gains in global shares

Sensex climbs 341 points amid sharp gains in global shares

Rediff.com17 Mar 2025

From the Sensex pack, Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement were among the biggest gainers. However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services were among the laggards.

Tariffs, earnings key for FII flows after Rs 1.54 trillion pullout in FY25

Tariffs, earnings key for FII flows after Rs 1.54 trillion pullout in FY25

Rediff.com25 Mar 2025

Global funds have pulled out Rs 1.54 trillion from domestic stocks in fiscal 2024 - 25 (FY25), the highest-ever outflow recorded so far, according to the data compiled by Business Standard. The last time the global funds exited Indian shores in droves was back in 2022, when they sold a net Rs 1.41 in the backdrop of Covid-19.

Citi is keen to allocate more global roles to India

Citi is keen to allocate more global roles to India

Rediff.com20 Mar 2025

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.

Axis Bank in competition for best bank

Axis Bank in competition for best bank

Rediff.com29 Dec 2022

Axis Bank has strengthened its positioning -- on both the assets and liability side -- and it may be set to deliver sustained improvement in performance. The valuation gap between Axis Bank (which trades at 1.4x core book value (or BV) and peers like ICICI Bank (valued at 2x BV) is expected to narrow.

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.

Sensex drops 213 points; Airtel, ITC major drags

Sensex drops 213 points; Airtel, ITC major drags

Rediff.com6 Feb 2025

Among Sensex scrips, Bharti Airtel, Titan, NTPC, State Bank of India, ITC, Tata Steel, Mahindra & Mahindra and Tata Motors were the major laggards. Adani Ports, Infosys, Axis Bank, HCL Technologies, Tech Mahindra and IndusInd Bank were among the gainers.

An insurer can now effectively manage market volatility

An insurer can now effectively manage market volatility

Rediff.com10 Mar 2025

The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.

Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Axis Bank, L&T, Thermax: Chris Wood rejigs India equity portfolio

Rediff.com29 May 2023

Christopher Wood, global head of equity strategy at Jefferies has rejigged his equity portfolios. In his Asia ex-Japan long-only portfolio, he has added Axis Bank (5 per cent weightage) and increased holding in Larsen & Toubro (L&T) by one percentage point. This, Wood said, will be paid for by removing the investment in ICICI Lombard General Insurance and reducing the investments in HDFC Bank and Reliance Industries (RIL) by one percentage point each.

Sensex gains 115 points on buying in IT, consumer stocks

Sensex gains 115 points on buying in IT, consumer stocks

Rediff.com23 Jan 2025

From the Sensex pack, UltraTech Cement, Mahindra & Mahindra, Sun Pharmaceutical, Zomato, Tech Mahindra, Tata Steel, Tata Motors, Titan, ITC and Bajaj Finance were the major gainers. In contrast, Kotak Mahindra Bank, HCL Technologies, PowerGrid, Reliance Industries, State Bank of India, Hindustan Unilever, IndusInd Bank, Nestle India and Axis Bank were among the laggards.

Will RBI's rate cut lower loan EMIs?

Will RBI's rate cut lower loan EMIs?

Rediff.com7 Feb 2025

The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth, according to experts. Repo rate is the interest rate at which the RBI lends money to commercial banks.