303209 SIP myths you must know!

Axis Bank Ltd lost 1.98% today to trade at Rs 686.5. The S&P BSE BANKEX index is down 0.21% to quote at 36655.6. The index is down 2.32 % over last one month. Among the other constituents of the index, Kotak Mahindra Bank Ltd decreased 1.07% and RBL Bank Ltd lost 0.38% on the day. The S&P BSE BANKEX index went up 58.57 % over last one year compared to the 52.91% surge in benchmark SENSEX.

Axis Bank Ltd has lost 1.64% over last one month compared to 2.32% fall in S&P BSE BANKEX index and 0.96% drop in the SENSEX. On the BSE, 1.82 lakh shares were traded in the counter so far compared with average daily volumes of 5.76 lakh shares in the past one month. The stock hit a record high of Rs 800 on 16 Feb 2021. The stock hit a 52-week low of Rs 333.05 on 22 May 2020.

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