Axis Bank Shares Gained Nearly A Percent Intraday After Global Brokerage

Axis Bank shares gained nearly a percent intraday after global brokerage firm maintained buy call on the stock as profit is expected to turn around in FY20.

The research house raised price target to Rs 1,000 from Rs 890 earlier, implying 24 percent potential upside and it sees an earnings recovery in FY20 as credit costs normalise.

Dish TV shares gained 5 percent after a media report indicated that Bharti Airtel is likely to partner with Warburg Pincus to buy company's promoters' 58 percent stake at Rs 45-50 a share.

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