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Axis Bank drops over 4% post Q1 results; should you use this chance to buy it?

The bank said it downgraded Rs 2,242 crore debt into the BB pool during the quarter, mostly from groups that have shown new signs of stress in recent months. After the action, the bank's BB and below rated book remained largely stable QoQ at Rs 7,504 …Read more

Sensex Nifty drop to 5-mth lows on US-China trade war

Also the sensexs 12 loss was much lower than the crash of 45 in the Japanese market 34 in China and 32 in Korea The days session left investors poorer by Rs 160 lakh crore with the BSEs market capitalisation now at just over Rs 144
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Markets Live Sensex plunges 239 points ITC Bharti Airtel drop over 2

The Sensex ended lower by 239 at 35149 and the Nifty down 58 points at 1068270 as doubts over whether the BJP will prove majority Bharti Airtel HDFC Axis Bank and Tata Steel Among BSE sectoral indices consumer durables capital goods
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HDFC Banks m-cap nears 20 PSBs together

Besides government-owned banks shares of ICICI Bank and Axis Bank both of which have large exposure to corporates fell by over 4 However banks with large retail portfolios such as HDFC Bank and Kotak Mahindra Bank have weathered the downturn much
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Closing bell Sensex Nifty close flat post second straight weekly gain

Energy IT oil and gas and consumer durables advancedReliance Industries BPCL Bajaj Auto and Infosys were among major gainers whereas ONGC Axis Bank shares lost as much as 446 to Rs 70890 after the IT firms Q1 net profit dropped 6
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Closing bell Sensex settles above 38000 for first time led ICICI Bank Axis Bank Nifty near 11500

Among the sectoral indices on BSE realty bankex metal power and finance led gains while telecom consumer durables healthcare and capital goods declinedICICI Bank Axis Bank SBI NTPC and Vedanta were among the top gainers whereas Bharti Airtel
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Gold Mining Stocks Q219 Results Analysis

Though gold averaged a similar 1303 in Q1 the GDX miners average AISCs that quarter came in a bit higher at 893 That implied 410 profits which Q2 results should easily exceed 430 is up 49 quarter The later you buy gold stocks in any
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