NIFTY 50

Axis Bank sees 3x demand for its QIP

Updated : August 05, 2020 08:39 PM IST

Axis Bank gained over 1 percent on the back of strong demand for the bank's Rs 10,000 crore QIP. The bank closed book today morning and almost 3 times book was covered. Eighty percent of the demand was seen from long only funds.

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