Difficult for Nifty to cross 18000 by this Feb F&O expiry; Axis Bank top value pick: Apurva Sheth https://ifttt.com/images/no_image_card.png"Axis Bank has improved its asset quality, NIM, and profitability in the past few years. The bank has also changed gears in building digital infrastructure and has made investments in the same. The bank's ongoing efforts to expand its asset portfolio in a targeted way (retail loans make up 57% of the total book), focus on the mobilization of low-cost granular deposits, declining credit costs, margin expansion, and an improved return ratios matrix are encouraging signs for future growth in earnings."
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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