The Latest Breaking News from Axis

Axis Of Resistance: Iran seeks to preserve weakened network; Iraq now key test

Mothers and the Islamic Republic of Iran have something unexpected in common: they both understand that it takes a village to raise a child, though what a child and a village mean to each of them differs.

The Times of India · Oct 1

Axis Bank wants to double its Rs 8,688 crore data centre exposure

India's rising interest in artificial intelligence is prompting Axis Bank to expand its lending to data centres. With demand for large-scale computing infrastructure surging, banks are exploring new financing opportunities. Axis Bank's exposure to the data centre sector is expected to double within three years. Additionally, the government is facilitating…

The Economic Times · Oct 1

Apple Pay in India: No PIN, no OTP; How iPhone users can make online and contactless payments

Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for users. With Axis Bank Visa and Mastercard credit cardholders now able to use Apple Pay, transactions can be completed effortlessly at various merchants. This innovative service ensures security while shopping online and in-store without…

The Economic Times · Sep 30

Sebi drops proceedings against Max Financial, Axis Bank in Max Life deal case

Sebi dropped proceedings against Max Financial and Axis entities. Allegations of disclosure lapses and fraud were not established by the regulator. The case involved transactions between Max Financial, Max Life, and Axis Bank. Sebi found no evidence of a fraudulent scheme to defraud shareholders. Proceedings were based on investigations from…

The Economic Times · Aug 24

Strong Q1 results spark stock-picking rush: 50 top ideas for investors to buy

The impressive earnings reported in the first quarter have led brokerages to unveil fresh stock-picking avenues. Investors are encouraged to seek out firms showcasing strong earnings and solid financial fundamentals. A collective effort from various brokerages has resulted in the identification of fifty prime stock options, covering diverse industries such…

The Economic Times · Aug 19

Nifty price-to-book valuation hits pre-Covid level. Why the index is still not cheap

Nifty's price-to-book ratio has dipped below three for the first time in years, highlighting a significant shift. Despite this, earnings remain at high valuations, suggesting minimal potential for multiple expansions. Future advancement in the market will depend more on profit enhancements instead of valuation adjustments. India's economic outlook looks promising,…

The Economic Times · Aug 11

Nifty can rally to 28,615 by this December in Axis’ bull case scenario. Here’s why

Axis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a revival in private capex, resilient domestic demand and improving earnings. The brokerage remains overweight on BFSI, healthcare and capital goods, while cautioning that global risks and elevated valuations could trigger near-term volatility.

The Economic Times · Aug 5

HDFC Bank, 3 other bank stocks wipe out Rs 1.5 lakh crore of investors' wealth after Q1. Time to buy the dip?

Shares of HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank have erased over Rs 1.5 lakh crore in market value this week following their June-quarter earnings. While investors reacted negatively to the results amid broader market weakness, brokerages say the sharp correction has made valuations more attractive, with…

The Economic Times · Jul 24

Axis Bank shares fall 5% after Q1 earnings fail to cheer D-Street. What brokerages say

Axis Bank shares fell despite reporting a 22.5% year-on-year rise in Q1FY27 standalone net profit to Rs 7,114 crore. Net interest income (NII) grew over 8% YoY to Rs 14,646 crore, beating some brokerage estimates, but mixed analyst views and concerns over margins weighed on investor sentiment.

The Economic Times · Jul 20

HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?

Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank. Brokerages expect steady loan growth and stable asset quality, though margin pressure may weigh on earnings during the quarter.

The Economic Times · Jul 17