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Market move▲ Bullish for Axis Bank
Stock markets bounce back on value buying; Sensex rises 315 points
The brief
- Sensex rose 315 points on value buying
- Axis Bank gained 2.82%, the biggest rise among Sensex firms
- The rebound lifts sentiment for Indian equities, including Axis Bank and other Sensex constituents
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Indian shares extend their losing streak
Indian equities came under pressure amid global weakness, rising crude prices and bond yields. The Sensex and Nifty recorded a seventh consecutive weekly decline, their longest such streak since 2020, as foreign investors sold ₹11,490 crore of equities over five days.
Sunday, 27 September
Friday, 25 September
- Stock markets bounce back on value buying; Sensex rises 315 points