Axis Bank Shares Worth ₹50.93 Crore Change Hands in NSE Block Deal
Axis Bank experienced a significant block trade on the National Stock Exchange (NSE), involving 477,420 shares at ₹1,066.70 per share. The total transaction value amounted to ₹50.93 crore, demonstrating substantial investor interest in the bank's stock.

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Axis Bank , one of India's leading private sector banks, witnessed a significant block trade on the National Stock Exchange (NSE) today. The transaction involved approximately 477,420 shares of the bank, highlighting substantial investor interest in the stock.
Block Trade Details
The block deal was executed at a price of ₹1,066.70 per share, resulting in a total transaction value of ₹50.93 crore. This large-scale trade underscores the liquidity and market depth of Axis Bank's shares on the NSE.
Market Impact
Block trades of this magnitude often attract attention from market participants as they can potentially influence short-term price movements and trading volumes. However, it's important to note that such transactions are typically pre-arranged between buyers and sellers and may not necessarily reflect broader market sentiment.
About Axis Bank
Axis Bank is one of India's largest private sector banks, offering a wide range of financial services to corporate and retail customers. The bank has a strong presence across the country and has been focusing on digital innovation to enhance its services and reach.
While this block trade represents a significant transaction, investors and market analysts will likely be watching for any potential impact on the bank's stock price and trading patterns in the coming days.
Historical Stock Returns for Axis Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.56% | -2.18% | -9.45% | +6.44% | -9.37% | +154.56% |