Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and potential opportunities in auto distribution. However, aviation faces further challenges. Digital platforms are preferred over insurers. Domestic institutions are buying IT stocks as foreign investors sell.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of
August 26, 2026