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Momentumisers: Here’s why Axis Bank is underperforming
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Momentumisers: Here’s why Axis Bank is underperforming
Mar 9, 2022 2:44 AM

Axis Bank has underperformed Nifty and the Bank Nifty over the last one month and one week.

On weekly basis, the stock is down about 10.6 percent compared to a decline of 3.6 percent on Nifty and about 6.3 percent decline on Bank Nifty.

On monthly basis, the stock is down about 16.6 percent compared to a decline of 7.3 percent on Nifty and more than 14 percent on Bank Nifty.

Also Read: Axis Bank revises interest rate for fixed deposits; check new list here

Yesterday, March 8, the daily trading volume was perhaps the highest in the last 27 trading sessions. It was at Rs 1,628 crore up about 2.15 times on a monthly basis. So Tuesday's delivery volume was about 45.2 percent.

Watch the accompanying video of CNBC-TV18’s Abhishek Kothari for more details.

Catch minute-by-minute updates on the stock market, and more, here:

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