Axis Securities

Axis Securities settles front-running case with Sebi; pays Rs 14.62 lakh

Axis Securities on Wednesday settled a case, involving front-running trades by its former employee Vikrant Bhimrao Kadam and his friend, with markets regulator Sebi after paying Rs 14.62 lakh towards settlement amount. It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy. The order came after Axis Securities filed an application with Securities and Exchange Board of India (Sebi) proposing to settle the violation of broker regulations "without admitting or denying the findings of fact and conclusions of law". In its settlement order, Sebi said the broker remitted the settlement amount of Rs 14.62 lakh and consequently the instant "proceeding initiated against the applicant (Axis Securities) vide show cause notice dated June 4, 2024 is disposed of". In a statement, Sebi clarified that the alleged frontrunner Mandar Ulhas Bhatkar has not been an employee of or associated wit

Sensex gains over 3,000 points in two sessions. Time to buy, sell, hold?

While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls

Gravita gains 4% as Axis Securities initiates coverage with 'Buy'; Details

Analysts at Axis Securities believe that Gravita is well-positioned to capitalise on the burgeoning recycling industry, driven by global shifts toward sustainability and circular economies

Va Tech Wabag stock soars as Axis Sec initiates coverage with 'Buy' rating

Domestic brokerage firm Axis Securities, initiated coverage on the water supply and management company with a 'Buy' rating at a target price of Rs 1,700 per share, reflecting an upside of 29.4%

Axis Securities picks PI Industries as 'Stock Pick of the Week'; Check Why

Axis Securities remains bullish on PI Industries and has called it the stock pick of the week for investors. Here is the investment rationale of Axis Securities

Axis Securities picks V-Mart as 'Stock Pick of the Week'; Check strategy

Axis Securities on V-Mart: The brokerage remains optimistic on the diversified retail player V-Mart and has assigned a buy rating on the stock while naming it the stock pick of the week for investors

Bharti Airtel hits all-time high in weak market; zooms 63% thus far in FY24

In the past one month, Bharti Airtel has outperformed the market by surging 9 per cent, as against less than 1 per cent rise in the BSE benchmark index.

Brokerages firms bullish on largecaps for better returns in 2024

The concern for most brokerages is valuations. Given the sharp rally in midcap and smallcap indices, investors are better off sticking with largecaps in 2024

Gold once again glitters with the double-digit returns, shows data

Last year, gold was the best-performing asset class with returns close to 15 per cent even as most domestic equity indices delivered less than 5 per cent

Most investors expect a market correction: Naveen Kulkarni, Axis Securities

Market's focus has shifted to corporate earnings' growth, backed by comfort in valuations, says Naveen Kulkarni, chief investment officer at Axis Securities.

LIC stk hovers around June lows but analysts remain bullish, see 37% upside

he stock of India's biggest life insurer closed at Rs 655 apiece on the BSE on Friday, marginally above its record low of Rs 650, hit on June 20, 2022

Commodities will be biggest gainers of Russia-Ukraine crisis: B Gopkumar

As long as the Russia-Ukraine heat continues, commodities will be the dominating theme versus the consumption theme said B Gopkumar, MD and CEO at Axis Securities.

Broader mkts will outperform as they have better growth prospects: Gopkumar

During an interview, Gopkumar tells Ashley Coutinho that large companies in the financial space will gain market share and manage their books better

IIFL bid wins Karvy's 1.1 million demat customers, Axis takes trading a/cs

Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1

Axis entities get Irdai approval to acquire stake in Max Life Insurance

Axis Entities will have the right to acquire another 7 per cent in the life insurance company, in or more tranches

This cement stock has underperformed Sensex since listing; will tides turn?

Analysts see up to 23 per cent upside in the stock over its last close of Rs 102.30

Macro data, policy cues likely to drive markets in holiday-shortened week

During the last week, the Sensex gained 463.69 points or 1.24%

Axis Securities offers commodity futures trading to its customers on MCX

ASL has also applied for membership to the NCDEX to make available to its customers commodity futures currently active on this exchange