When asked about Kotak Mahindra Bank shares, the market expert said immediate support will be at Rs 1,650. "A decline below the said support level can drag the stock towards Rs 1,600. Resistance will be at Rs 1,730-1,740 levels," Palviya told Business Today TV.
Man Infra share price has surged over 180 per cent in the last year. Axis Securities has initiated coverage on the stock with a buy call and target price of ₹270, expecting a 28 per cent upside.
Karnataka Bank share price: Domestic brokerage Axis Securities has given a 'Buy' call on the counter with a target price of Rs 250 over a period of 12 to 18 months. "The management is centralizing processes to build capacities on the operational and technological side as well as to deploy sales teams outside the branches," it stated.
Axis Securities displaces Upstox from 3rd spot, thanks to Karvy
March 05, 2021
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Axis Securities, a fully-owned subsidiary of Axis Bank, has toppled Upstox to become the third largest broking firm with the acquisition of Karvy Stock Broking. Axis Securities has acquired 11.5 lakh trading accounts from Karvy, taking its overall count to 36 lakh.
The market leader ICICI Securities has 50 lakh accounts followed by Zerodha with 40 lakh accounts, as of December-end.
To facilitate a seamless transfer, Axis Securities has made the entire journey digital and paperless for Karvy customers.
The migration process has been initiated by the Exchanges and once the process is completed, Axis Securities will share trading account details with Karvy customers along with login credentials. Customers can open a fresh demat account to shift their existing holding under Axis Securities DP.