Axis Bank share price hit a 52-week high at ₹1,308.40 and was trading close to its record high of ₹1,339.55 touched on July 12, 2024 on the BSE.
Stocks to buy, Jan 6: Shrikant Chouhan said that the financial profile of Axis Bank has improved steadily while Oil and Natural Gas Corporation's outlook continues to improve
The brokerage has reiterated its 'Neutral' rating on the stock with a target price of ₹1,300 after its interaction with the top management team of Axis Bank
Amitabh Chaudhry discusses RBI's new norms, potential capital infusion into Axis Finance, margin pressures, deposit trends, credit growth and regulatory changes shaping Indian banking
Stock Market Today: The BSE Sensex dropped to an intra-day low of 84,684, with Indian Rupee sliding to 91.05 versus the US dollar on Tuesday.
According to media reports, Global brokerage Citi Research said that Axis Bank management indicated a delay in net interest margin recovery
The brokerage argued that the profitability downcycle, marked by several quarters of net interest margin (NIM) compression and elevated credit costs, is now behind the sector.
Stocks to buy: Ajit Mishra of Religare Broking recommends buying Axis Bank, Glenmark Pharma, and United Spirits; also suggests Nifty trading strategy
The company is looking to raise 20 billion rupees through debentures and 30 billion rupees via a green shoe option
IIFL Capital forecasts flattish earnings for banks in FY26, but expects a strong rebound in FY27-28, with earnings CAGR of 21 per cent for private banks and 14 per cent for PSUs
UBS believes Axis Bank has moved past the most challenging phase of its operating cycle and is now positioned for a gradual re-rating.
Leading the list is GNG Electronics (Target: ₹482 | Upside: 52%), named by Nirmal Bang, which expects robust growth as the company benefits from the govt's 'Make in India' thrust on electronics mfg.
Nifty Bank index hit an intra-day high of 57,458.85 on the NSE, and was just 170-odd points shy from it's all-time high level of 57,628.40 registered on July 2, 2025.
Goldman Sachs expects Nifty Bank to outperform Nifty50 in the near-term, aided by easing regulatory norms and better liquidity
Axis Bank share price today surged 4.2 per cent in the intraday trade on the BSE. Most analysts have maintained their ratings on the stock post its Q2FY26 results, released on 15 October, 2025
Stocks to watch today: Angle One, KEI Industries, Jyoti Structures and KEC International are among other top stocks to track today:
Despite a profit decline due to standard asset provisions, Axis Bank's asset quality improved and loan growth remained steady in Q2FY26
Axis Bank's total income for the quarter stood at ₹39,769.85 crore, up 1.4 per cent year-on-year (Y-o-Y) from ₹39,203.77 crore, and down 1.5 per cent sequentially
Stocks to watch today: Kolte-Patil, Saatvik Green, Thyrocare, Persistent Systems are among other top stocks to track.
Q2FY26 company results: HDFC Asset Management Company, HDB Financial Services, Angel One, Tata Communications, and Delta Corp are also to release their July-September quarter earnings reports today