Shares Of Axis Bank Witnessed Extreme Movements In Morning Trade

Shares of Axis Bank witnessed extreme movements in morning trade as the scrip recovered from 3 percent lows to be trading over 5.5 percent higher. Experts were anticipating a lower opening on the back of its dismal performance in the March quarter.

The stock touched an intraday high of Rs 522.00 and an intraday low of Rs 479.00.

Among key possibilities for the rise could be attractive valuations along with reportage of a kitchen-sink quarter as well.

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