Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Sensex, Nifty End Higher; Axis Bank up on Takeover Talk

The benchmark Sensex closed up 0.35 percent at 28,761.59, its highest close since Sept. 22.

Reuters

Updated:February 21, 2017, 6:22 PM IST
facebookTwitterskypewhatsapp
Sensex, Nifty End Higher; Axis Bank up on Takeover Talk
Image for representation. (Reuters)

Mumbai: Indian shares closed at their highest level since September as Axis Bank surged on a media report it would become the target of a takeover, although telecom firms fell after Reliance Jio Infocomm unveiled a sharply discounted tariff plan.

The benchmark Sensex closed up 0.35 percent at 28,761.59, its highest close since Sept. 22.

The broader Nifty ended 0.32 percent higher at 8,907.85, its highest close since Sept. 9.

Axis surged 4.8 percent after CNBC-TV 18 reported that the lender could attract interest from other banks, citing unidentified sources. Axis Bank on Monday denied news reports of a merger with Kotak Mahindra Bank.

Bharti Airtel ended 3.33 percent lower after rival Jio unveiled a plan that would offer sharply discounted data for a year for customers who sign up under the plan.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Huma Tabassum
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
20 Microns 38.05 0.00
Hexaware Tech 370.25 -0.07
Atul 3,973.85 -1.31
Amrutanjan Heal 355.40 4.35
Company Price Change %Gain
NESCO 587.70 3.60
Monotype India 0.19 0.00
Mirch Tech 0.54 0.00
Manugraph Ind 13.15 2.33

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results