Thursday 19 March 2015

Axis Bank surges in early trade

The stock has surged nearly 3 per cent to Rs. 595.

Axis-Bank
Axis Bank has surged nearly 3 per cent to Rs. 595 in early trade on back of positive momentum in the market.

According to reports, the bank has also announced a 25 basis points cut in deposit rates.

The stock is now trading at the highest point of the day, and around 204,000 shares have changed hands at the counter on the BSE.

Meanwhile, the Sensex has soared 323 points to 28,945. 

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