The stock rose 0.13% to 1,271.05 rupees on Monday as the BSE Sensex fell 1.70% to 76,015.28 in a broadly weak session.
Axis Bank beat rivals including State Bank of India, down 4.48%, and Yes Bank, down 1.05%, while ICICI Bank also gained 0.13%.
The shares closed 10.38% below their 52-week high of 1,418.30 rupees reached on 3 February, with trading volume of 260,899 below the 50-day average of 435,999.
Why do analysts overwhelmingly rate Axis Bank a 'Buy' while foreign funds sell and charts show bearish signals?
With a massive ₹55,000 crore fundraising plan, what major strategic move is Axis Bank preparing for next?
Can Axis Bank's rural expansion and digital strategy successfully combat the industry-wide squeeze on profit margins?