Category: Axis bank

Axis Bank VP’s Laptop Goes Missing Mid-Air

Mumbai: The laptop of Axis Bank’s senior vice-president Amit Chhib was stolen mid-air on Air India flight from Nagpur on January 24, following which the 47-year-old banker lodged a complaint of alleged theft by an unidentified person.
According to the FIR, Chhib, a resident of Ghatkopar West, flew to Nagpur for office work with his HP laptop in a blue bag. He returned the next day via flight AI630. The bag containing the laptop, office identity card and other essentials was placed in the overhead bin. The flight departed Nagpur at 9.20pm. Upon landing at Mumbai airport at 11.20pm, he waited to step out from his window seat to take the bag but found it missing.On…
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Source: https://www.freepressjournal.in/amp/mumbai/mumbai-news-axis-bank-vps-laptop-goes-missing-mid-air

RIL, Asian Paints, Axis Bank: Key levels to watch out for post Q3 results – Business Standard

RIL, Asian Paints, Axis Bank: Key levels to watch out for post Q3 results  Business Standard
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Source: https://www.business-standard.com/markets/news/ril-asian-paints-axis-bank-key-levels-to-watch-out-for-post-q3-results-124012400289_1.htmlR
https://www.business-standard.com/amp/markets/news/ril-asian-paints-axis-bank-key-levels-to-watch-out-for-post-q3-results-124012400289_1.html

The Best Large Cap Mutual Fund to Invest in for the Next 5 Years

As the world is constantly a part of continuous change and growth, we can see the shift in the mindset of the investors. They consistently search for ways and means to create money and experience steady development. It is a well-known fact that to create a balanced and diverse investment portfolio, an investor must understand and invest in large-cap mutual funds because of their track record of reliable returns. Axis Bank Mutual Fund has become one of the top investment choices for investors.
Large-cap mutual funds are equity funds that primarily invest in the top 100 companies in the country. Many Indians use the products of some of the most reputable businesses in the country…
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Source: https://businessnewsthisweek.com/business/navigating-growth-the-best-large-cap-mutual-fund-to-invest-in-for-the-next-5-years/

HDFC Bank, ICICI, Axis, Kotak Bank shares volatile as Q3 results reflect margin pressures; here’s why banks are falling

HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank, the top four private sector lenders in India have announced their December quarter earnings which were marked by higher provisions and lower margins.

The Q3 results for most private banks were in-line with estimates, but showed challenges with respect to their profitability as they found difficulties in mobilizing low-cost deposits to meet the strong credit growth.

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Source: https://www.livemint.com/market/stock-market-news/hdfc-bank-icici-axis-kotak-bank-shares-volatile-as-q3-results-reflect-margin-pressures-here-s-why-banks-are-falling/amp-11706080067584.html

Nifty Bank slips below 45,000; 44,500 likely to act as big support next week

The Nifty Bank fell more than 200 points to close below the 45,000 psychological support level on Thursday, tracking weak cues. The index fell 216 points to 44,866. It fell 1.83% for the week ended 25th January 2024. The Nifty50, on the other hand, was down over 100 points to close at 21,352 on Thursday.Markets will remain shut on Friday on account of the Republic Day holiday. PNB as well as ICICI Bank closed with gains between 1-2% on account of strong results while selling was seen in AU Small Finance Bank, Axis Bank, HDFC Bank, and Kotak Mahindra Bank.Nifty Bank is trading near crucial support levels. Hence, experts see a possibility of a relief rally in the index in the coming…
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Source: https://m.economictimes.com/markets/options/nifty-bank-slips-below-45000-44500-likely-to-act-as-big-support-next-week/amp_articleshow/107147692.cms

Technical Analysis: Axis Bank, HDFC Life Insurance Company and Tech Mahindra – BusinessLine

Technical Analysis: Axis Bank, HDFC Life Insurance Company and Tech Mahindra  BusinessLine
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Source: ”
https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-shakers-stocks-that-will-see-action-this-week/article67780344.eceRhttps://www.thehindubusinessline.com/portfolio/technical-analysis/movers-shakers-stocks-that-will-see-action-this-week/article67780344.ece/amp/

Daily Voice | Private banks to face increased pressure, says Nishit Master of Axis Securities

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Nishit Master, Portfolio Manager at Axis Securities PMS, doesn’t expect the interim budget, which will be presented on February 1 to be market-moving event.
The full budget that will be tabled after the Lok Sabha elections will be significant in laying down the new government’s reforms intent and will be tracked closely, said Master, who has more than 18 years of experience in the financial services industry.

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He expects private banks, which has been hammered…
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Source: https://www.moneycontrol.com/news/business/markets/daily-voice-private-banks-to-face-increased-pressure-says-nishit-master-of-axis-securities-12127731.html/amp