Wednesday, May 15
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Trend in FII flows: The FIIs were net sellers of Rs.44cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 347cr, as per the provisional figures released by the NSE.
Axis Bank fourth quarter (January-March) net profit rising 18.5 percent year-on-year to Rs 1,842 crore on higher other income and net interest income. Net interest income during the quarter jumped 18.8 percent to Rs 3,165 crore while non-interest income climbed 10.3 percent to Rs 2,213 crore year-on-year.Asset quality improved sequentially.
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Trend in FII flows: The FIIs were net buyers of Rs 2026cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net sellers of Rs. 649cr, as per the provisional figures released by the NSE.
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