AXY Financial News

12.10 / 17:55

COST AXY Action Fallout shock Hamas attack rewrites rules in the Middle East

Dubai: Saturday’s attack on Israel by Hamas militants, who killed more than 1,200 people and kidnapped many more back to the Gaza Strip, has upended fundamental assumptions about the Middle East. Now, as Israel, its enemies and its main partner, the U.S., respond to these shocking events, the new—and untested—rules of the game risk turning the bloody confrontation between Israel and Hamas into a much wider war.

12.10 / 13:37

Provident AXY Platform Action Align information Grip Becomes First OBPP-Licensed Platform to Implement RFQ: Retail Investors can Buy Bonds Directly Through NSE

Grip’s RFQ implementation aligns with SEBI’s goal to boost liquidity in the debt securities market in India. SEBI’s RFQ mechanism effectively addresses challenges, including delayed securities transfers and large initial capital requirements, for debt securities allowing a secure and efficient means to invest in fixed-income instruments for investors.

12.10 / 05:49

UPS AXY NIFTY index Stock market update: Nifty Bank index advances 0.25% in a weak market

Federal Bank Ltd.(up 2.21 per cent), IndusInd Bank Ltd.(up 0.97 per cent), Axis Bank Ltd.(up 0.91 per cent), Bandhan Bank Ltd.(up 0.84 per cent) and Punjab National Bank(up 0.65 per cent) were among the top gainers. IDFC First Bank Ltd.(down 0.54 per cent), Kotak Mahindra Bank Ltd.(down 0.4 per cent) and HDFC Bank Ltd.(down 0.33 per cent) were the top losers on the index.

12.10 / 04:11

UPS AXY NIFTY TCS SENSEX Sensex opens in green on the back of firm oil prices; Nifty above 19,800

Infosys, SBI, and HDFC Bank. The BSE Sensex was trading 60 points or 0.09% higher at 66,532. Nifty50 was trading at 19,832, up 21 points or 0.11% at around 9.20 am. From the Sensex pack, IndusInd Bank, Tata Motors, SBI, NTPC, and Axis Bank opened with gains, while TCS, Tech Mahindra, Bajaj Finance, and Bharti Airtel opened with cuts. TCS fell over 1% in the early trade after India's top IT firm reported weaker-than-expected second-quarter revenue and flagged weakness in client spending.

12.10 / 03:59

UPS Amazon AXY cover OnePlus Pad Go pre-order starts today, sale on Oct 20: Launch offers, price, specifications and more

₹2,000 on the use of ICICI, OneCard, SBI, ICICI, Kotak, and Axis cards. They can also get a free OnePlus Pad Go Folio Cover worth ₹1,399. The OnePlus Pad Go will be available from October 20 onwards on Flipkart, Amazon, OnePlus website and app, OnePlus Experience stores, Reliance, Croma along with other key offline outlets.

11.10 / 08:07

COST UPS Digital AXY Healthcare India Portfolio: Bernstein gives 13 Bottom-up ideas for the rest of the year

Sector portfolio: Bernstein remains overweight (OW) on Financials but allocates a small part of the weight to utilities. It is now neutral on utilities. It also maintains an overweight on consumer tech with an overall IT sector with a modest OW position and remains OW on building materials.

11.10 / 06:19

AXY CEO Strategy WhatsApp This bank launches India’s first numberless credit card with no CVV, expiry date, or annual fee. How does it work?

Axis Bank, said, “ This numberless Axis Bank card will prioritize the security of our customers while offering a robust financial solution that empowers smart and ambitious youth of our nation. Our overarching banking strategy of being connected aims to foster inclusivity and enhance accessibility for the diverse and growing consumer segment." Akshay Mehrotra, Co-Founder and CEO of Fibe said, “We take great pleasure in introducing India's first numberless credit card, in association with Axis Bank.

11.10 / 05:27

AXY NIFTY MSCI Experts reports recommendations Incredible India earns upgrade from CLSA. 8 reasons, 20 stock picks behind the U-turn

CLSA has upgraded India to increase India portfolio allocation to 20% above the MSCI benchmark.

10.10 / 15:23

Waters AXY President Experts 2020 reports Indian banks pursue unpaid loans by Singapore's GVK in UK court

GVK Coal Developers (Singapore) Pte Ltd and associated companies opened in the High Court here on Tuesday. Judge Dame Clare Moulder presided over the hearing at the Commercial Court division to hear the case brought by Bank of Baroda (acting by its Ras Al Khaimah branch), Bank of India (London branch), Canara Bank (London branch), ICICI Bank Ltd (acting by its Bahrain, Dubai and Off-Shore Banking branches), Indian Overseas Bank (Corporate Branch, India) and Axis Bank Ltd.

10.10 / 15:21

UPS Citi Provident AXY Apple Apple iPhone 11 gets a MASSIVE price cut during Flipkart Big Billion Days Sale. Should you buy it?

Flipkart. Furthermore, interested buyers can benefit from additional savings through bank offers and exchange deals. For further details on the reduced price of the iPhone 11 on Flipkart, read on.

10.10 / 11:09

Digital AXY CEO Platform Entertainment information Fibe Axis Bank Credit Card: India’s first numberless Credit Card with no CVV, expiry date, annual fee

Fibe, (formerly known as EarlySalary) and Axis Bank have partnered to launch India’s first-ever numberless credit card for tech-savvy Gen Zs. With a numberless credit card, customers get an added level of security as there is no card number, expiry date or CVV printed on the card plastic. This reduces the risk of identity theft or unauthorised access to customer’s card details ensuring absolute security and privacy.

10.10 / 10:41

Twitter AXY Action Mobile WhatsApp social Ex-Union minister Dayanidhi Maran duped of ₹99,999 via net banking fraud

Dayanidhi Maran on October 10 said he has been duped of ₹99,999 through a net banking fraud. Sharing the details on social media, Maran said ₹99,999 was “stolen" from his Axis Bank personal savings account through a net banking transfer via “IDFC First Bank-Billdesk". The transaction, which was not initiated by him, bypassed “all normal safety protocols", he added.

10.10 / 09:31

Digital AXY CEO Platform Interface reports Fintech startup Fibe launches numberless co-branded credit card with Axis Bank

fintech startup Fibe (formerly known as EarlySalary) said on Tuesday that it has partnered with Axis Bank to launch a numberless credit card. The card is powered by RuPay, which allows the customer to link it with the Unified Payments Interface (UPI) system.

10.10 / 07:17

COST AXY pandemic reports share price Maruti share price gains about 2% on expansion plans, expected festive season boost

Maruti Suzuki unveiled its major investment plans of investing as much as $1.25 trillion to develop around 10-11 new models which will also include six electric vehicles and growing its production capacity by 2030-31. In a presentation to investors, analysts and proxy advisors, it said that with the challenges of the last 4 years behind, it is projecting a requirement of 4 million production capacity by 2030-31.

10.10 / 05:15

FIVE Extreme AXY NIFTY performer recommendations Small cap funds offer 26.07% average return in 2023; Mahindra Manulife Small Cap Fund give 35.53%

These actively-managed schemes are benchmarked against Nifty Smallcap 100 — TRI, Nifty Smallcap 250 — TRI, and S&P BSE 250 Small Cap — TRI. These benchmarks offered an average return of 31.74%, 29.75%, and 29.95% respectively. Top five schemes by AUM or assets

09.10 / 11:31

UPS Provident Citizens AXY Experts These 3 banks have reduced FD interest rates in October 2023

FD tenures, while hiking it on others. Banks like HDFC Bank and Yes Bank have reduced interest rates in October. Here is the list of banks that have reduced fixed deposit interest rates in October 2023. Axis Bank After the latest revision, Axis Bank offers interest rates between 3% and 7.10% on tenures ranging from 7 days to 10 years.

09.10 / 08:07

Lowe's AXY NIFTY SENSEX Experts recommendations week Stocks to buy this week: RIL, DLF, Bajaj Finance, Titan among 12 technical picks; do you own any?

Nifty 50, Sensex decline on Israel-Hamas war: 5 factors that weigh on market sentiment On Monday, Nifty 50 opened at 19,539.45 against the previous close of 19,653.50 and fell 0.90 per cent to the day's low of 19,480.50 while the Sensex opened at 65,560.07 against the previous close of 65,995.63 and fell 0.85 per cent to the day's low of 65,434.61 in Monday's trade so far. Last week, the Nifty formed a small bullish candle with a lower shadow on the weekly chart, indicating buying near the 20-weekly simple moving average.

09.10 / 03:25

AXY performer reports ULIP sales may help insurers post strong premium growth in Q2

Insurance companies are set to shrug off their tepid first-quarter performance and report strong premium growth in the three months through September, as a strong equity market propelled sale of unit-linked insurance plans. While new business growth is expected to be robust for Max Life Insurance and HDFC Life, it could remain static for state-owned Life Insurance Corporation of India. LIC may face a decline in annualised premium equivalent (APE) due to a contraction in its group business.

08.10 / 10:47

Waters AXY Google WhatsApp performer voice Flipkart Big Billion Days: Google Pixel Buds A series gets huge price cut. Check offer details here

₹9,999 in 2021 is now getting a massive price cut during the Flipkart big billion days sale. Flipkart's festive sale was opened for all users on Sunday after giving 24 hours early access to Plus members and VIP members.

07.10 / 11:53

UPS Provident AXY Samsung Motorola reports Flipkart Big Billion Days Sale goes live for Plus members: Deals on iPhone 12, 13 and 14 revealed

Flipkart Plus members will enjoy a 24-hour head start on the sale, which has gone live now. Flipkart has partnered with various lenders like ICICI Bank, Axis Bank, and Kotak Bank to provide instant discounts on purchases made through their cards and EMI transactions during the sale. As per a report by Jagran Media, interested buyers can purchase the all time demanded iPhone 14 at a price tag of ₹52,999.

06.10 / 08:15

Lowe's AXY NIFTY SENSEX performer index Benchmarks Most passive large cap funds fail to beat benchmarks in 2023; Motilal Oswal S&P BSE Enhanced Value Index Fund give 26.86%

Let us look at the data. There were around 52 passively-managed schemes in the large cap category. However, only four passively-managed large cap schemes managed to outperform their respective benchmarks in 2023. Most schemes — 48 schemes – underperformed their benchmarks. In comparison, there were 30 schemes in the actively-managed large cap mutual fund category. Around 24 actively-managed large cap schemes managed to outperform their respective benchmarks in 2023. Only six schemes underperformed their benchmarks. If you want to see the performance of active large cap funds, see story: Large cap funds offer 11.45% average return in 2023; Axis Bluechip Fund give 6.87%

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