Sell Axis Bank Below Rs 580, Says Imtiyaz Qureshi
Aug 25, 2016
Bullish On ICICI Bank, Axis Bank: Sumeet Bagadia
Jul 12, 2016
On September 23, 2016 19:08 (IST)
Markets ended Friday's session on a lackluster note with Nifty closing below its crucial psychological level of 8,850. Jay Thakkar, technical analyst with Sharekhan, shared his trading strategies on a few stocks.
On September 21, 2016 11:25 (IST)
After a cautious start markets gained momentum today after Bank of Japan modified its stimulus policy. Here are top trading bets for today:
On September 19, 2016 13:37 (IST)
State-owned term lender IFCI will sell its entire stake in Assets Care and Reconstruction Enterprise Limited (ACRE) to Axis Bank for Rs 22.72 crore.
On September 16, 2016 21:08 (IST)
Axis Bank will buy a 13.67 per cent stake in Assets Care and Reconstruction Enterprise (ACRE) from IFCI Ltd for Rs 22.72 crore.
On September 13, 2016 10:46 (IST)
India's top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the 50 most powerful women based outside the US, according to a list by Fortune which is topped by Banco Santander's boss Ana BotAn.
On September 06, 2016 18:57 (IST)
Merchant bankers managing sale of government stake in Axis Bank, L&T and ITC held through SUUTI can enter into a competing transaction with a private company provided they notify SUUTI as and when they enter into any conflict of interest situation.
On September 07, 2016 08:55 (IST)
The Nifty50 will face psychological resistance around 9,000 levels, beyond which chances of the index re-testing lifetime high of 9,100-9,120 are quite high, says Sumeet Bagadia, associate director at Choice Broking. Investors should be cautious as markets are overbought and a sharp selloff cannot be ruled out, he added.
On August 30, 2016 08:53 (IST)
Nifty is in a range and has support around 8,550 levels, says Gaurav Bissa of LKP Securities.
On August 26, 2016 08:50 (IST)
The Niftys break below 8,600 does not augur well for domestic markets, traders say. According to Imtiyaz Qureshi, co-founder & director of Investeria Financial Services, markets can correct further if the Nifty slips below 8,580. Investors should go short on Nifty if it breaks 8,580 with stop loss at 8,640 for target of 8,518-8,480, he added.
On August 17, 2016 20:54 (IST)
Private sector lender Axis Bank on Wednesday cut lending rate by 0.05 per cent, a move which will lower EMIs for its new borrowers.
On August 16, 2016 08:40 (IST)
The Sensex rallied nearly 300 points and Nifty closed above its crucial psychological level of 8,650 on Friday on the back of rally in banking shares which was triggered after India's biggest public sector lender reported better-than-expected June quarter earnings.
On August 12, 2016 14:07 (IST)
Private sector Axis Bank launched a micro-lending product to disburse unsecured loans of up to Rs 15,000 to the urban low income segment using payments company Suvidhaa Inforserve's customer database.
On August 05, 2016 12:56 (IST)
Banks were among the leading gainers with ICICI Bank rising 2.8 percent and Axis Bank gaining 3.4 percent.
On July 28, 2016 22:05 (IST)
In one of the largest bancassurance partnerships since life insurance policy sale by banks was liberalised, industry behemoth LIC and third largest private sector lender Axis Bank on Thursday entered into a tie-up to sell the former's products.
On July 27, 2016 21:52 (IST)
In a major crackdown for violations and lapses related to foreign exchange laws and KYC (know your customer) norms, the Reserve Bank of India has imposed a Rs 27 crore penalty on 13 public- and private-sector banks, while asking eight others including State Bank of India (SBI) and ICICI Bank to ensure strict compliance with guidelines.
On July 26, 2016 20:06 (IST)
Software majors TCS and Infosys, pharma giants Sun Pharma and Lupin and private sector lenders HDFC Bank and Axis Bank feature in Forbes India's Super 50 List this year, while biggies like Tata Motors and HUL have been dropped.
On July 25, 2016 17:02 (IST)
Global payments leader SWIFT on Monday said ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative, which already has over 70 other leading banks globally.
On July 25, 2016 16:13 (IST)
Axis Bank shares fell over 2 per cent on Monday after the lender missed Q1 profit estimates. Axis Bank was the top loser in the Nifty50 index today.