Latest Updates on AXIS Bank
AXIS Bank on 18th May 2017 announced cuts in home loan rate by 0.30% with effect from 16th May 2017. This move has come from AXIS Bank after the country's largest bank cuts its home loan rates by up to 0.25% for loans under 30 lakhs .
Even after denying news of merger, share price of AXIS Bank up by 4.15% and stock closed at Rs.525.30 on 22nd February 2017, with a total turnover of 20167379. Technical analyst Mitessh Thakkar had given a buy call with a stop loss of Rs. 493 with a share price forecast of Rs. 525.
Axis Bank on 21-02-2017 closed with a gain of 5.34% (+25.70) at 506.75.15 on news of possible merger between Axis Bank and Kotak Mahindra Bank, stock closed with a gain even if company denied such report. Stock opened 481.90, high 509.05, low 481.20.
Axis Bank on 16-02-2017 closed with a gain of 1% (+4.95) at 493.15, stock opened 487.70, touched a low of Rs.488.20 and bounced back- touched Rs.494.35 and closed with total traded volume of 5218900. Technically intraday bulls action expecting if stock holds above its resistance zone @ Rs.495.
Axis Bank on
15-02-2017 formed doji candle, sharp movement expecting. On
today's trading Axis Bank opened Rs.488, high at Rs.493.45, low
483.80 and closed 488.20.
Technically intraday bulls action expecting if stock holds above 495 and weakness expecting if holds below 481.50.