Tuesday, October 26, 2021

Axis Bank Q2: A winner on asset quality, now eyeing growth

Axis Bank Q2: A winner on asset quality, now eyeing growth Even without factoring in the value of the subsidiaries (that could be a meaningful value driver in future), Axis Bank trades at a discount to its larger private sector peers. We see the valuation gap narrowing with the return of growth

from Moneycontrol Business News https://ift.tt/3nwSPA9

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...