Mumbai, Jan 27 (IANS) India’s benchmark stock market indices ended higher on Tuesday after a highly volatile trading session, supported by improved investor sentiment following the announcement of a bilateral trade deal between India and the European Union.At the close of trade, the Nifty rose 0.51 per cent, or 126.75 points, to settle at 25,175.40. The Sensex also ended higher, gaining 319.78 points, or 0.39 per cent, to close at 81,857.48.“A sustained breakout above 25,400 would be require…
Latest Axis Bank News & Updates
New Delhi, Jan 27 (IANS) Public sector banking operations are likely to be disrupted on Tuesday as bank employee unions called for a nationwide strike, demanding a five-day work week. Private banks, however, will not be affected by the day-long strike.Several public sector banks have already informed stock exchanges about the possible impact of the strike.The United Forum of Bank Unions (UFBU) went ahead with its nationwide strike. The UFBU is a joint platform of nine unions representing officer…
New Delhi, Jan 26 (IANS) Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as the United Forum of Bank Unions (UFBU) goes ahead with its nationwide strike demanding a five-day work week.The decision to strike was taken after a conciliation meeting with the Chief Labour Commissioner on January 23 failed to resolve the issue.The UFBU is a joint platform of nine unions representing officers and employees of public sector banks.The timing of the strik…
New Delhi, Jan 24 (IANS) A major breakthrough has been achieved by the Cyber Police Station, South-West District, Delhi, with the busting of an organised multi-state cyber fraud syndicate involved in duping bank customers on the pretext of KYC updation.According to the official press note, four key accused—Shiv Kumar Ravidas (22), Sanjay Ravidas (33), Dinesh Ravidas (29), and Shubham Kumar Barnwal (25)—have been arrested from Jharkhand and West Bengal. The syndicate was operating primarily f…
Mumbai, Jan 21 (IANS) Indian equity benchmark indices ended lower on Wednesday for the third straight session, weighed down by rising geopolitical tensions that kept investors cautious.The Sensex closed at 81,909.63, slipping 270.84 points or 0.33 per cent. Meanwhile, the Nifty settled at 25,157.5, down 75 points or 0.3 per cent.“A sustained break below 25,130 could reopen downside toward 24,920–24,900,” a market expert said.“At this stage, price action reflects consolidation after exhau…
New Delhi, Jan 21 (IANS) Over 4.53 crore accounts have been opened to empower the future of girls, under the Sukanya Samriddhi Yojana (SSY) in the last 11 years, the government said on Wednesday.Launched in January 2015 under the Beti Bachao, Beti Padhao campaign, the scheme was designed as a bridge between financial security and social transformation.By encouraging families to plan early for their daughters’ education and well-being, SSY has helped instill a sense of confidence, inclusion, an…
Mumbai, Jan 14 (IANS) Indian stock markets ended lower on Wednesday after a highly volatile trading session, as losses in IT and realty stocks weighed on investor sentiment. Rising geopolitical tensions and uncertainty surrounding the US-India trade deal also capped any meaningful recovery during the day.The Sensex slipped 0.29 per cent, or 244.98 points, to close at 83,382.71, while the Nifty ended 0.26 per cent, or 66.70 points, lower at 25,665.60.“From a derivatives perspective, Nifty optio…
Mumbai, Dec 31 (IANS) Indian equity markets ended the final trading session of the calendar year on a strong note, supported by broad-based buying across most sectors, even as information technology stocks remained under pressure.At the close of trade, the Sensex settled at 85,220.6, gaining 545.52 points or 0.64 per cent.The Nifty also finished higher at 26,129.6, up 190.75 points or 0.74 per cent. “Holding above the 26,000 mark remains crucial to sustain the ongoing uptrend and keep the poss…
Mumbai, Dec 29 (IANS) Indian stock markets extended their losing streak for the fourth consecutive session on Monday, dragged down by heavy selling in information technology, realty, pharma and auto stocks.The benchmark Sensex ended the day at 84,695.54, falling 345.91 points, or 0.41 per cent.The Nifty also closed lower at 25,942.10, down 100.20 points, or 0.38 per cent, as selling pressure continued across key sectors.Analysts said that the Nifty slipped below the psychological 26,000 mark and…
Mumbai, Dec 29 (IANS) Indian benchmark indices traded flat with a mild positive bias early on Monday, tracking mixed global cues and subdued year-end participation.As of 9.30 am, Sensex moved up 40 points, or 0.04 per cent to 85,081 and Nifty gained 14 points, or 0.05 per cent to 26,057.Main broad-cap indices performed in line with benchmark indices, with the Nifty Midcap 100 advanced 0.14 per cent, while the Nifty Smallcap 100 added 0.18 per cent.Tech Mahindra, Tata Steel and NTPC were among th…