Axis Bank stock climbs 2% as lender buys Citibank's India co

Axis Bank stock climbs 2% as lender buys Citibank's India consumer business

Axis Bank shares rose nearly 2 per cent today amid reports that the private sector lender acquired Citigroup's retail banking business in India. Axis Bank stock touched an intraday high of Rs 763.90, gaining 1.82 per cent on BSE. The large cap stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Total 2.47 lakh shares of the firm changed hands amounting to a turnover of Rs 18.68 crore on BSE.

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