Axis Bank Ltd. Share Price

Banking Sector Q2FY27 Fundamental Research Outlook

India's banking sector delivered a robust Q2FY27 performance, with combined net profits of 32 listed banks rising 20.1% YoY to ₹1.16 trillion, supported by healthy NII growth, lower provisioning and improving asset quality. Aggregate Net Interest Income (NII) increased 15.5% to ₹2.44 trillion, while operating profits grew 15.4% to ₹1.81 trillion. Provisions declined 9.1% to ₹27,271 crore, supporting bottom-line growth. Asset quality improved further, with Gross NPA declining to 1.50% from 2.07% a year ago, while Net NPA fell to 0.33% from 0.46%. Credit growth remained robust, with advances increasing 23.3% YoY against deposit growth of 19.1%, highlighting strong lending momentum but also the need to monitor funding costs. Public-sector banks demonstrated resilience, reporting aggregate net profits of ₹59,367 crore, up 20% YoY, marginally exceeding private banks' ₹57,095 crore. PSBs also recorded stronger NII growth of 15.9% against 15.1% for private lenders. However, large private banks faced sequential NIM pressures, with HDFC Bank, Axis Bank and ICICI Bank reporting contractions. In contrast, SBI's domestic NIM improved 11 bps QoQ to 3.11%, while Bank of Baroda remained broadly stable. Among individual lenders, SBI remained the largest profit contributor with ₹23,038 crore, up 14.3%. Bank of Baroda's profit surged 35.8%, while Axis Bank, Kotak Mahindra Bank and ICICI Bank reported growth of 37.6%, 29.5% and 20.1%, respectively. HDFC Bank's profit grew 4.7%, while IDBI Bank declined 39.2%. Outlook: Banking sector fundamentals remain constructive, supported by strong earnings, declining NPAs and healthy credit demand. However, deposit mobilisation, funding costs and NIM sustainability will remain key monitorables. Preference should remain with banks demonstrating strong deposit franchises, stable margins and consistent asset quality improvement.

GIFT NIFTY UP BY 450+ POINTS AND CRUDE TANK -9%...READ NOW!

Crude oil weakness, renewed FII buying and global market developments are setting the stage for an important session! Indian markets have several positive factors to track as investors look for signs of a sustained recovery. 1. Crude Oil: Relief for India's Economy A sharp correction in crude oil prices can be a major positive for India, one of the world's largest oil importers. Global AI Sell-Off: Could Indian IT Find an Opportunity? Global technology and AI-related stocks have faced selling pressure amid concerns about AI spending, valuations and regulatory uncertainty. This could create an opportunity for investors to reconsider relatively cheaper Indian IT services companies.

Sensex Jumps 1,233 Points; Reliance Surges 11.6%

Sensex close: It ended at 75,692.78, up 1,233.25 points (about 1.7%), against Friday’s close of 74,459.53. Nifty close: The Nifty50 closed at 23,440.80, up 387.70 points (1.68%), after an intraday low of 23,207.05. Streak: This is the third straight gain, after rises on Thursday and Friday. Top gainer:

Axis Bank analysis on different parameters

INDIA'S CREDIT BOOM IS RAISING A BIG RED FLAG! READ BELOW

India's economy is expanding, banks are lending aggressively, and borrowing remains an important driver of economic activity. But a growing gap between two important numbers has caught the attention of economists: Bank credit growth: 19.1% Nominal GDP growth: Approximately 10–11% 1. WHAT EXACTLY IS THE CONCERN? According to the latest RBI data cited by ISB finance professor Prasanna Tantri, bank credit is growing at 19.1%, while nominal economic growth is approximately 10–11%. WHICH STOCKS AND SECTORS COULD BE AFFECTED? If the RBI responds to persistent inflation pressure with tighter monetary conditions or measures to moderate lending, the impact could spread across several sectors.

Bank Nifty Holds 53,750; Hurdles Stack Above

Bank Nifty found support near the 53,750 zone flagged last week and recovered to close the week at 54,686.95, up about 0.74% from 54,287.35. That support has now held on its first real test. Overhead, the 50 SMA near 55,948 is the immediate hurdle, followed by the Falling Window resistance around 56,165 to 56,200. A descending trendline from the September highs sits in between, and the 200 SMA near 56,700 is the major resistance beyond. RSI improved to about 45 from 38, and RSI itself is tracing a modest rising trendline off its lows, an early sign that momentum may be stabilising. The 53,750 level remains the one to watch on a weekly closing basis. A sustained close below it would weaken the picture and bring the Gartley C-point zone of 52,640 to 53,000 into focus. Bank Nifty is led by heavyweights such as HDFC Bank, ICICI Bank,