News for Axis Bank Limited (AXISBANK.BO)

Investors' wealth got wiped out by Rs 8.88 lakh crore in two days of market slump due to profit-taking and growing tensions along the Indo-Pak border following the terror attack at Pahalgam in Jammu & Kashmir.

Stock market plunges as geopolitical tensions rise, with Sensex and Nifty dropping significantly due to profit-taking and border concerns.

The 30-share BSE Sensex closed down 588.9 points at 79212.53

The 30-share BSE Sensex closed down 588.9 points at 79212.53

The Nifty Bank index closed 0.97 per cent down at 54664.05.

The 30-share BSE Sensex closed down 588.9 points at 79212.53

The 30-share BSE Sensex closed down 588.9 points at 79212.53

The NSE Nifty index closed 207.36 points down at 24039.35

Indian benchmark indices closed lower for the second consecutive session on Friday. The NSE Nifty 50 closed 207.35 points, or 0.86% lower at 24,039.35, while the BSE Sensex ended 588.90 points, or 0.74% down at 79,212.53. SBI Life Insurance Co. was the top gainer among the Nifty 50 stocks as it ended 5.40% higher at Rs 1,695.1.

The NSE Nifty index closed 207.36 points down at 24039.35

Shriram Finance, Adani Ent., Adani Ports SEZ, Axis Bank and Trent were among the top losers on NSE in today's trade.

The 30-share BSE Sensex closed down 588.9 points at 79212.53

IT index resilient, other sectors drag market; geopolitical tensions impact indices, with Nifty midcap and smallcap falling significantly.

Adani Ports, Bajaj Finserv, State Bank of India, Power Grid, Eternal, Bajaj Finance, NTPC, Tata Motors, Mahindra & Mahindra and Tata Steel were also among the laggards.

The NSE Nifty index was trading 345.66 points down at 23901.05

The 30-share BSE Sensex was down 915.07 points at 78886.36

The NSE Nifty index was trading 264.61 points down at 23982.1

Country Condos, Navin Fluorine, Choice Intnl, Dalmia Bharat and SBFC Finance, hit their fresh 52-week highs at 10:39AM.

The 30-share BSE Sensex was down 753.38 points at 79048.05