Axis Bank witnessed a significant decline in its market capitalization today. As of 2:58 PM, the stock was trading at ₹1,240.10, down ₹33.05 or 2.60% from the previous close. This drop resulted in a market cap loss of approximately ₹10,241 crore.
The bank’s total market cap now stands at ₹3,83,640.87 crore. The decline reflects broader market pressures affecting the banking sector. Investors will be closely watching the stock’s performance in the coming sessions to gauge whether the stock stabilizes or continues its downward trend.
Disclaimer: Stock market investments are subject to market risks. The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Readers are advised to seek independent financial advice before making any investment decisions
