Axis Bank Rebounds 3% to Lead Today's Gainers

closed today (September 25, 2026) at ₹1,222.40, up 3.03% from the previous close of ₹1,186.50. This marks a strong recovery after Axis Bank had fallen sharply (down 4.56%) in the prior session on IRDAI's proposed insurance commission caps, today's bounce recovers a solid chunk of that loss. This is a genuine reversal, not just noise. A 3%+ gain the day after a nearly 4.6% drop suggests the market viewed yesterday's IRDAI-driven sell-off as overdone, at least for a bank like Axis where insurance distribution is a smaller part of the overall business. The broader session was positive too. The Sensex rose 315.20 points (0.43%) to 73,895.74, and the Nifty50 added 77.40 points (0.34%) to 23,140.50, with Realty and Auto leading sector gains while IT and Pharma lagged. Asian Paints and Mahindra & Mahindra also had strong sessions, rounding out the top gainers alongside Axis Bank. The broader trend remains weak, though. The Nifty has now fallen for seven straight weeks, down 5.8% over that period, its longest losing streak since the Covid crash of February-March 2020, so today's bounce is a bright spot within a still-difficult stretch.