Axis Bank had sought CCI nod to acquire upto 20 per cent stake in Max Life in a deal also involving stake sale to the bank’s subsidiaries Axis Capital and Axis Securities
Read more about Market snaps 2-day rising streak on Business Standard. As per the provisional closing data, the S&P BSE Sensex, slipped 167.36 points or 0.34% at 49,624.76. The Nifty 50 index fell 54.35 points or 0.37% at 14,590.10.
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Nifty futures on the Singapore Exchange traded 62.5 points, or 0.43 per cent, higher at 14,706.50 , in signs that Dalal Street was headed for a positive on Thursday. Here are a few stocks which may buzz the most in today s trade:
Asian Paints,
Bajaj Auto: Asian Paints, Bajaj Auto, SBI Card, Bandhan Bank,
Biocon, Mphasis, Kajaria Ceramics, MCX and Mphasis are some of the companies which will announce their Q3 results today.
Axis Bank: Fair trade regulator Competition Commission of India (CCI) said it has approved the stake acquisition in Max Life Insurance Company by Axis Bank, Axis Capital and Axis Securities.
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Read more about Market corrects on profit selling; Nifty ends below 14,600 on Business Standard. Domestic equity indices corrected on Thursday as investors booked profits after gains in past two consecutive sessions. The Nifty ended below the crucial 14,600 mark. The Sensex failed to close above the psychological 50,000 mark after scaling that