Indian markets traded rangebound last week, ending slightly lower. The Nifty broke a long-term trendline but faces resistance. A truncated week ahead may see consolidation. PSU Bank and Metal sectors are outperforming. Participants should remain selectively bullish and stock-specific. Cautious optimism is advised for the coming days.
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