Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?
The Nifty Bank index fell over 370 points on Monday as PNB, Axis Bank, and SBI dropped up to 2%, with PSU banks leading the selloff. Analysts say the index is in near-term consolidation, with the next directional move depending on a breakout or breakdown from key technical levels.
16d ago · 3 min · Markets
Q4 Results Today: Axis Bank, IDFC First Bank Among Over A Dozen Firms To Declare Earnings On April 25
Axis Bank, IDFC First Bank, RBL Bank, UCO Bank, and India Cements are among the companies reporting January-March quarterly results on April 25. Bank margin trends, asset quality, and India Cements' volumes will be the key metrics to watch.
1mo ago · 2 min · Markets
Axis Bank Q4 Results: PAT falls marginally YoY to Rs 7,071 crore; NII rises 5%
Axis Bank reported Q4FY26 PAT of Rs 7,071 crore, a marginal year-on-year decline, while net interest income rose 5% and interest income grew 4.7% to Rs 32,724 crore. The profit dip despite revenue growth signals cost or provision pressure that investors will scrutinise closely.
1mo ago · 2 min · Markets
Axis Bank Declares Final Dividend; Approves Raising Rs 55,000 Crore Via Debt, Equities
Axis Bank has declared a final dividend and approved raising up to Rs 55,000 crore through debt and equity. The dividend will be paid within 30 days of AGM approval, while the fundraise signals plans for significant balance sheet expansion.
1mo ago · 2 min · Markets
Q4 Results Today Highlights: AXIS Bank, IDFC First Bank, India Cements, RBL Bank, SBFC Finance, UCO Bank announce Q4 results
Axis Bank, IDFC First Bank, RBL Bank, UCO Bank, SBFC Finance, and India Cements all released their January, March 2025 quarterly results today. The banking results are being tracked for margin trends, asset quality, and loan growth signals across private, public, and NBFC segments.
1mo ago · 2 min · Markets
Stock markets dive in early trade as oil prices surge above ₹120 per barrel
Indian equity markets dropped in early trade after crude oil surged past ₹120 per barrel. InterGlobe Aviation, UltraTech Cement, Mahindra & Mahindra, Axis Bank, Eternal, and Adani Ports led losses on the Sensex. Sustained oil prices at this level could pressure margins across aviation, cement, and auto sectors.
2mo ago · 1 min · Markets
Q4 Results Next Week: HCLTech, Groww, Reliance, Infosys, Axis Bank Among Nearly 100 Firms To Declare Earnings
Nearly 100 Indian companies, including Infosys, HCLTech, Axis Bank, IndusInd Bank, Reliance, Adani Green Energy, Nestle India, and Tata Capital, report Q4 earnings next week. The results will influence sector positioning across banking, technology, energy, and consumer goods heading into the new financial year.
2mo ago · 1 min · Markets
Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029
India's central government has authorized 15 banks, including SBI, HDFC Bank, Axis Bank, and Bank of India, to import gold and silver from April 1, 2026 through March 31, 2029. The multi-year license window provides import continuity for the country's dominant bullion supply channel, directly affecting domestic pricing
2mo ago · 1 min · Policy & Government