Axis Bank Ltd on Thursday reported a wider-than-expected one-time loss in the fourth quarter, weighed down by costs incurred due to its $1.41 billion Citi deal. Axis reported a loss of 57.28 billion rupees ($700.1 million) for the three months ended March 31, compared to a profit of 41.18 billion rupees a year earlier. Axis, […]
Domestic indices opened broadly higher on Wednesday despite negative sentiment in the global markets. The NSE Nifty 50 rose 110.60 pts or 0.64% to 17,414.55 and BSE Sensex climbed 368.96 pts or 0.63% to 59,331.08. The top gainers on Nifty 50 were Adani Enterprises (up 8.42%), Hindalco (up 3.04%), Mahindra & Mahindra (up 2.56%), Adani […]
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