India’s stock market opened higher today, driven by gains in private banks after Axis Bank Ltd. reported its quarterly results on Wednesday. A man enters a branch of Axis Bank in New Delhi, India. (Reuters) At 10:03 am, the 30-share S&P BSE Sensex rose 0.52% to 83,031.83 points even as the wider NSE Nifty 50 […]
Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]