AXY Financial News

Bank of Baroda(up 0.68 per cent), State Bank of India(up 0.45 per cent), IndusInd Bank Ltd.(up 0.42 per cent), HDFC Bank Ltd.(up 0.35 per cent) and Bandhan Bank Ltd.(up 0.3 per cent) were among the top gainers. Federal Bank Ltd.(down 0.41 per cent), Punjab National Bank(down 0.32 per cent), Axis Bank Ltd.(down 0.18 per cent) and IDFC First Bank Ltd.(down 0.1 per cent) were the top losers on the index.

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Flipkart Plus members will enjoy a 24-hour head start on the sale. 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. Here are details on credit cards offering maximum discounts.

Bank of India launched a Centralised Web Portal called UDGAM (Unclaimed Deposits — Gateway to Access information) to help and make it simpler for people to search for their unclaimed deposits across different banks at one location. The UDGAM portal was launched in August 2023. Also read: UDGAM RBI portal link: How to register, check unclaimed savings account, FD money in these seven banks Initially, the search feature was initially made available on the portal for seven banks, and it was announced to the public that it will be gradually made available for the remaining institutions by October 15, 2023. Now, the RBI has updated the UDGAM portal with a total of 30 banks. According to the RBI press release dated, “The search facility was initially made available on the portal for seven banks and it was intimated to public that the search facility for remaining banks on the portal would be made available in a phased manner by October 15, 2023. The members of public are hereby informed that, the search facility for 30 banks has been made available on the portal on September 28, 2023, which covers around 90% of such unclaimed deposits (in value terms) in Depositor Education and Awareness (DEA) Fund.”

Shares of Au Small Finance Bank Ltd.(up 1.53 per cent), ICICI Bank Ltd.(up 1.16 per cent), State Bank of India(up 1.0 per cent), Axis Bank Ltd.(up 0.77 per cent) and Kotak Mahindra Bank Ltd.(up 0.7 per cent) ended the day as top gainers in the pack. On the other hand, Punjab National Bank(down 3.32 per cent), Bandhan Bank Ltd.(down 1.81 per cent) and Federal Bank Ltd.(down 1.18 per cent) finished as the top losers of the day.

Bank stocks were among the top losers in Wednesday's trading sessions as foreign funds continued their selling spree of Indian equities. Traders were also cautious ahead of the Reserve Bank of India's monetary policy outcome on Friday. The Nifty Bank index fell almost 1%, the Nifty PSU Bank Index dropped 2.8%, while the benchmark Nifty ended 0.4% lower. «While RBI is expected to hold rates, the global factors like the rising bond yields and higher interest rates have led to negativity in the banking space,» said Andrew Holland, CEO-Avendus Capital Alternate Strategies.

The NSE Nifty index ended the session 92.65 points down at 19436.1, while BSE Sensex fell 286.06 points to 65226.04. In the Nifty index, Adani Enterprises Ltd.(up 3.25 per cent), Nestle India Ltd.(up 3.01 per cent), Hindustan Unilever Ltd.(up 1.58 per cent), Eicher Motors Ltd.(up 1.48 per cent) and HDFC Bank Ltd.(up 1.43 per cent) stood among the top gainers.

Shares of HDFC Bank Ltd.(up 1.42 per cent) and Bandhan Bank Ltd.(up 0.01 per cent) ended the day as top gainers in the pack. On the other hand, Axis Bank Ltd.(down 4.37 per cent), Punjab National Bank(down 4.14 per cent), State Bank of India(down 2.76 per cent), IDFC First Bank Ltd.(down 2.54 per cent) and Bank of Baroda(down 2.5 per cent) finished as the top losers of the day.

₹10,000 crore via qualified institutional placement (QIP). "In this regard, we would like to inform you that the article with regard to Axis Bank tapping the market to raise funds through a QIP in the coming weeks and a decision to this effect may be taken at the board meeting ahead of the results is purely speculative and factually incorrect,'' said Axis Bank in its exchange filing.

Sakthi Sugars(up 0.46%) stood among the top gainers. DCM Shriram Industries(down 4.60%), MAGADHSUGAR(down 3.11%), Dalmia Bharat Sugar & Industries(down 2.73%), Simbhaoli Sugars(down 2.73%), Bannari Amman Sugars(down 2.49%), Dwarikesh Sugar Industries(down 2.20%), BAJAJHIND(down 2.10%), Mawana Sugars(down 1.93%), Vishwaraj Sugar Industries(down 1.90%) and Ponni Sugars(Erode)(down 1.89%) were among the top losers of the day.

Umang Dairies(up 5.49%), Bajaj Consumer(up 3.15%), Marico(up 2.50%), Jyothy Labs(up 2.26%), Hindustan Foods(up 1.80%), Vadilal Industries(up 1.07%), ADF Foods(up 0.98%), Parag Milk(up 0.86%), Bikaji Foods International(up 0.59%) and Zydus Wellness(up 0.44%) stood among the top gainers. JHS Svendgaard Laboratories(down 7.49%), Varun Beverages(down 1.84%), Dodla Dairy(down 1.76%), Sheetal Cool Products(down 1.76%), Hatsun Agro Product Ltd(down 1.36%), Colgate Palmolive(India)(down 1.35%), Adani Wilmar(down 1.19%), P & G Hygiene(down 0.92%), Britannia Industries(down 0.92%) and Nestle India(down 0.85%) were among the top losers of the day.

Golden Crossover is and analyze 10 stocks handpicked by ETMarkets that have recently exhibited this pattern. The Golden Crossover is a popular technical analysis pattern used by traders and investors to identify potential shifts in stock trends. This pattern occurs when a short-term moving average crosses above a long-term moving average. Now, let's explore the 10 stocks that have recently experienced the Golden Crossover: 1) Adani Enterprises Ltd. 50-Day SMA: Rs 2498 200-Day SMA: Rs 2444 2) Adani Ports & Special Economic Zone Ltd. 50-Day SMA: Rs 804.2 200-Day SMA: Rs 728.2 3) Apollo Hospitals Enterprise Ltd. 50-Day SMA: Rs 5011.2 200-Day SMA: Rs 4691.2 4) Asian Paints Ltd. 50-Day SMA: Rs 3280.6 200-Day SMA: Rs 3076.2 5) Axis Bank Ltd. 50-Day SMA: Rs 978.6 200-Day SMA: Rs 924.1 6) Bajaj Auto Ltd. 50-Day SMA: Rs 4797.7 200-Day SMA: Rs 4300.6 7) Bajaj Finance Ltd. 50-Day SMA: Rs 7339.1 200-Day SMA: Rs 6671.5 8) Bajaj Finserv Ltd. 50-Day SMA: Rs 1534.7 200-Day SMA: Rs 1450.6 9) Bharat Petroleum Corporation Ltd. 50-Day SMA: Rs 359.4 200-Day SMA: Rs 351.9 10) Bharti Airtel Ltd. 50-Day SMA: Rs 886.6 200-Day SMA: Rs 821.3 (Disclaimer: This is an AI-generated article.

Agro Phos(up 6.39%), ZUARIAGRO(up 1.38%), Mangalore Chemicals & Fertilizers(up 0.89%), Deepak Fertilizers & Petrochemicals(up 0.61%), Paradeep Phosphates(up 0.49%) and Coromandel International(up 0.01%) stood among the top gainers. Aries Agro(down 1.67%), Sikko Industries(down 1.60%), National Fertilizer(down 1.58%), KRISHANA(down 1.37%), Madras Fertlizers(down 1.30%), Fertilizers & Chemicals Tranvancore(down 1.17%), Nagarjuna Fertilizers & Chem(down 1.17%), Rama Phosphates(down 1.01%), Rashtriya Chemicals & Fertilizers(down 0.91%) and Khaitan Chemicals & Fertilizers(down 0.84%) were among the top losers of the day.

₹12,000 during Flipkart's Big Billion Days Sale starting from October 8. The Pixel 7a was launched at the Google I/O event in May at a price of ₹43,999 for the 8GB RAM/ 128GB storage variant. Also Read| Flipkart Big Billion Days Sale: Nothing Phone (2) to get a whopping ₹12,000 price cut, new white color model to debut The Pixel 7a is the latest model in Google's cost-effective A-series smartphone range and is priced relatively lower compared to the higher-end Pixel 7 and Pixel 7 Pro models.

₹26,689 crore in the cash market in September," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "The dollar index rising above 107 and the US 10-year bond yield at a 16-year high of 4.68 per cent are major headwinds for the market since FIIs are likely to continue selling in response to the rising dollar and US bond yields. But, on the positive side, the bulls will be emboldened to buy on the back of the tailwind of the 5 per cent crash in Brent crude prices.

Federal Bank Ltd.(up 2.13 per cent), Punjab National Bank(up 0.49 per cent), IndusInd Bank Ltd.(up 0.34 per cent), Axis Bank Ltd.(up 0.24 per cent) and Bank of Baroda(up 0.18 per cent) were among the top gainers. Kotak Mahindra Bank Ltd.(down 0.99 per cent), Au Small Finance Bank Ltd.(down 0.96 per cent), HDFC Bank Ltd.(down 0.95 per cent), State Bank of India(down 0.83 per cent) and ICICI Bank Ltd.(down 0.69 per cent) were the top losers on the index.

Shares of Vedanta are set to remain weak over the medium term, weighed down by concerns of debt liabilities at its parent company, which will outweigh the announced plan to split businesses to unlock value trapped in a holding structure. The natural resources major, last week, announced that it will demerge its existing business into six listed companies, aiming to build a simplified corporate structure, while boosting the valuations of the diversified businesses. While analysts see the move helping the company eventually, they remain sceptical about its impact over the next few months, especially as they also await details of how debt will be distributed among each of the businesses. «While one could argue for a (theoretical) case of multiple expansion on peer-benchmarking, we cite risks of inter-group restructuring, carbon-heavy assets, cash flow burn in new ventures amongst others,» analysts at Investec Capital said in a note to their clients.

₹9,310 crore, valuing the promoters’ stake at about ₹4,650 crore. Private equity (PE) firms are most likely to be interested in the asset, given that VIP Industries is much larger than its Indian rivals, except Safari Industries, the first person cited above said. Rising incomes, an expanding travel infrastructure, and online bookings have fuelled a surge in travel among Indians, resulting in heightened demand for luggage.

MAS Financial Services, a micro, small and medium enterprises (MSME) financer, has gained 16% over the past three months compared with the 1.4% gain in the S&P BSE Financial Services index. The company has been reporting healthy growth momentum in loan assets and a stable asset quality. With a focus on direct distribution, the lender expects to double the loan book every three-four years.

Also Read: Stock market holiday: BSE, NSE to remain closed today for Mahatma Gandhi Jayanti JSW Infrastructure IPO will be the second after RR Kabel IPO that will list in the T+2 timeline. JSW Infra IPO was opened from September 25 to September 27. The IPO share allotment was finalised on September 28.

₹12,000 during the Flipkart Big Billion Days sale The Nothing Phone (2) is sold in India exclusively via Flipkart in 3 variants. Also Read| Flipkart Big Billion Days Sale 2023: Schedule, deals, offers on Moto G54 5G, Samsung Galaxy F34 5G, Vivo T2 Pro 5G, more The 8GB RAM/128 GB storage variant was launched at a price of ₹44,999 while the 12GB RAM/ 256 GB storage variant was launched at ₹49,999 and the 12 GB RAM/256 GB storage variant was launched at ₹54,999. Now, with the upcoming Big Billion Day sale Flipkart has cut the price of all Nothing Phone (2) models by ₹5,000 and ₹3,000 instant discount is available on the use of Axis, ICICI and Kotak Mahindra banks.