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Axis Bank set to announce Citi cards biz acquisition today

Axis Bank is set to announce its acquisition of Citi’s retail banking business in India today, which will includes credit cards, wealth management and retail customer accounts. The deal was earlier understood to be worth around $2 billion, but the final value could be lower, sources close to the development told FE. Peter Babej, chief …

Axis Bank, Future Retail, Zomato, Paytm, SBI Cards, Vodafone Idea among stocks in focus today

Ahead of Tuesday’s session global markets were mixed as Asian stock indices were down in red while US markets ended in green. Sensex and Nifty were beaten down by bears once again on Monday as the benchmark indices tanked more than 2.6% each. Dalal Street has been reeling under pressure owing to a global market …

Stocks to buy: Nifty eyes 18125 target, Sensex may hit 60700; Axis Bank, Escorts, Havells strong on charts

Technically, on daily and intraday charts, the index has formed promising higher bottom formation. Image: Pixabay By Shrikant Chouhan The benchmark indices NSE Nifty 50 and BSE Sensex continued positive momentum on Tuesday. After a muted opening, the Nifty/Sensex slipped over 50/150 points, but one more time they took support near 17850/59850 and reversed sharply. …

Stocks in focus: Maruti Suzuki, IRCTC, HUL, Axis Bank, Canara Bank, Aditya Birla Fashion, IndiGo

US stock indices suffered their biggest one-day percentage drop in three months Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a negative start on Thursday, as suggested by trends on SGX Nifty in early trade. Nifty futures were trading 56 points or 0.40 per cent down at 13,928.20 on Singaporean Exchange. …

Stocks in focus: HUL, Axis Bank, Kotak Mahindra Bank, PNB Housing, L&T, UCO Bank, Indiabulls Real Estate

Upcoming Union Budget 2021, corporate earnings, oil prices, rupee movement and other global cues will sway the market sentiment today. Image: Reuters Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a gap-up start on Wednesday, as suggested by the trends on SGX Nifty in early trade. Nifty futures were trading 80.50 …