Axis Bank Archive

Mkt shrugs RBI policy, European cues power Nifty to 5850

17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark

Market Mantra : 14th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline

“It would by a tough policy decision to be made by RBI on Monday in weighing between accentuated growth slowdown, lower wholesale inflation on one side and stubborn food inflation, potential upside risks to inflation outlook due to rupee depreciation, heightened CAD financing risks on the other side. We think RBI has more justifiable reasons

Market Roundup : 20th May, 2013 : Mkt snaps 4-day winning streak, profit-booking sets in

The equity market ended in the negative, snapping a four-day winning streak. Starting off the week on tepid global cues, the market was gripped by profit-booking at higher levels. Intense selling pressure was seen in pharmaceuticals, consumer durables and oil and gas space. Last week’s outperformers — banking stocks — were under pressure in today’s

15th May, 2013 : ETFs gift Nifty new 28-month high, rate cut hopes fuel rally

It was an incredible rally in a really long time. Led by rate sensitives like banking, realty and autos, the Nifty hit a fresh 52-week high of 6,157.10. Dealers attribute today’s strong up move to heavy buying by exchange-traded funds. Duvvuri Subbarao, Governor, Reserve Bank of India, added to the cheer. He said the apex

ISB ANNOUNCES RESULTS OF ITS LARGEST AND FIRST ‘INTEGRATED’ PLACEMENTS

* Largest class comprising 762 students across Hyderabad and Mohali campuses * 21% increase in number of Participating Companies – 421 * · 27% increase in number of Offers – 798 Hyderabad/ Mohali, April 26, 2013: The Indian School of Business (ISB) today announced the placement results for the Class of 2013 of its Post

13th March, 2013 : Sensex, Nifty crumble…Banks lead decline

The Indian equity market ended near day’s low on Wednesday amid heavy sell off seen in scrips across the sector. Market participants preferred to remain cautious ahead of the monthly inflation data to be released on Thursday. The NSE Nifty has declined by almost 130 points or 2.1% in the past three trading sessions. Today’s