Tag: Axis Bank

Sino Biopharma spends $951m to acquire China-based LaNova Medicines

Market
Hong Kong-listed Sino Biopharmaceutical will acquire China-based oncology specialist LaNova Medicines in a deal that will not exceed $951m, representing one of the largest transactions within the Asia-Pacific pharmaceutical...

US Inflation data: Consumer prices jump to 2.7% in June; Fed rate cut in doubt as Donald Trump faces pressure

Business
U.S. inflation climbed to 2.7% in June, marking the highest level since February, driven by rising costs for gas, food, and groceries. This increase reverses months of cooling inflation and exceeds May's 2.4% rise....

Concurrent Gainers: 7 Sensex stocks that gain for 5 days in a row – Consistent performers

Stocks
Over the five trading sessions leading up to March 21, the Sensex increased by around 4.17%, or 3,077 points, closing at 76,906. The...

RIL, M&M drag Sensex over 500 points lower, Nifty below 23,000

Stocks
Indian benchmark indices Sensex and Nifty opened lower for the sixth consecutive session on Wednesday, weighed down by Reliance Industries, ITC, and M&M,...

Sensex falls over 200 pts, Nifty below 23,350; bank and auto stocks drag

Stocks
Indian benchmark equity indices Sensex and Nifty opened lower for the fifth consecutive session on Tuesday, dragged by banking and auto stocks, as...

Ahead of Market: 10 things that will decide stock market action on Wednesday

Stocks
The Indian market ended in green on Tuesday, buoyed by strong gains in financial stocks. The rally came after the Reserve Bank of...

Essar Oil and Gas plans $275 mn overseas bond sale post-restructuring

Stocks
Essar Oil and Gas Exploration & Production Ltd. (EOGEPL) has held initial talks to raise $275 million through overseas bonds, marking its first...

Stocks on brokerages’ radar for January 20

Business
Bernstein maintained its ‘outperform’ call on Infosys with a target price of Rs 2,330 (+28%). Analysts said that during the Oct-Dec...

Axis Bank shares fall over 3% amid block deal

Stocks
Axis Bank shares fell over 3% to a low 1,014.65 on the NSE on Wednesday amid a block deal where 33.2 lakh shares...

Nifty 500: More than half of Nifty 500 stocks now in downtrend

Stocks
Mumbai: The 5% decline in the Nifty index last week has driven nearly 55% of NSE 500 stocks below their 200-day moving average...

Must tap informal sector to expand NPS reach: PFRDA

Economy
Mumbai: A large section of India's workforce - especially those in the informal sector that accounts for 80% of jobs in the country...

Ahead of Market: 10 things that will decide stock market action on Friday

Stocks
The Indian market ended in red on Thursday, tracking heavy selling in global equities after the U.S. Federal Reserve signalled fewer interest rate...

bank stocks: Bank stocks rally up to 2% after RBI cuts CRR to 4%

Stocks
Bank stocks rallied up to 2% on Friday after the Reserve Bank of India (RBI) slashed the cash reserve ratio (CRR) by 50...

Ahead of Market: 10 things that will decide D-Street action on Monday

Stocks
Indian benchmark equity indices marked their longest weekly losing streak since August 2023 on Friday, as a broad-based selloff continued amid persistent foreign...
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