Axis Bank witnessed a significant block deal in today’s trading session involving 43.24 lakh shares, amounting to approximately ₹490 crore. The transaction represents 0.15% of the bank’s equity.
Market Performance:
- Stock Price: Axis Bank’s shares were trading at ₹1135.30, down 0.34% as of the latest update.
- Technical Indicators: The stock’s EMA5 (5-day Exponential Moving Average) stands at ₹1163.73, indicating short-term bearish momentum.
The block deal and recent price movements suggest cautious sentiment among investors.
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