Axis Bank Share Price Today on 05-11-2024: Axis Bank share price are up by 2.73%, Nifty up by 0.91%
Axis Bank Share Price Today on 05-11-2024: On the last trading day, Axis Bank opened at ₹1141.7 and closed at ₹1171.15. The stock reached a high of ₹1174.75 and a low of ₹1133.6 during the day. Overall, the stock showed positive movement, closing higher than its opening price.
Axis Bank Share Price Today on 05-11-2024: At 05 Nov 16:00 today, Axis Bank shares are trading at price ₹1171.15, 2.73% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹1174.75 and a low of ₹1133.6 during the day.
On the technical front, the stock is trading above the 20,300 days SMA & lower than the 5,10,50,100 day SMA. The stock will have support at 20,300 days SMA & face resistance at 5,10,50,100 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 1171.17 |
| 10 | 1173.83 |
| 20 | 1168.07 |
| 50 | 1189.84 |
| 100 | 1205.29 |
| 300 | 1150.25 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1186.45, ₹1201.4, & ₹1227.9, whereas it has key support levels at ₹1145.0, ₹1118.5, & ₹1103.55.
Axis Bank Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for Axis Bank was 133.16% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 18.40% & ROA of 1.85% respectively.The current P/E of the stock is at 12.68 & P/B is at 2.04.
The median 1-year forecasted upside in this share is at 16.72% with a target price of ₹1367.00.
The company has a 0.00% promoter holding, 4.79% MF holding, & 51.77% FII holding as per filings in the september quarter.
The MF holding has decreased from 4.91% in june to 4.79% in the september quarter.
The FII holding has decreased from 53.42% in june to 51.77% in the september quarter.
Axis Bank share price has gained 2.73% today to trade at ₹1171.15 in resonance with its peers. Its peers such as
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