Axis Bank share price slips 0.66% to ₹1,209 on November 2

Key Takeaways

• Axis Bank closed at ₹1,209, down 0.66%, after moving between ₹1,201 and ₹1,221 during the November 2 session.
• The close remained below the 50-day, 100-day and 200-day DMAs of ₹1,241.80, ₹1,254.70 and ₹1,256.30.
• Volume reached 2,820,734 shares, while the close stayed ₹59 above the rounded 52-week low of ₹1,150.

Axis Bank share price ended November 2 at ₹1,209, down 0.66% from the previous close of ₹1,217. The stock opened at ₹1,216, rose to ₹1,221 and fell as low as ₹1,201. Its final price was ₹8 below the previous close, ₹12 under the session high and ₹8 above the low. Trading volume reached 2,820,734 shares.

The full intraday range was ₹20. The stock started only ₹1 below the previous close, but the final print was lower than both the opening level and the previous session's close. At the same time, the share remained above the day's minimum rather than finishing at the bottom of the range.

Moving-average levels were clustered within a relatively narrow ₹14.50 band. The 50-day DMA stood at ₹1,241.80, which was ₹32.80 above the close. The 100-day DMA was ₹1,254.70, leaving a ₹45.70 gap. The 200-day DMA was ₹1,256.30, only ₹1.60 above the 100-day figure and ₹47.30 above the November 2 close.

Across the past 52 weeks, Axis Bank had ranged between approximately ₹1,150 and ₹1,418. The latest close was only ₹59 above the rounded annual low, while the gap to the rounded 52-week high was ₹209. That placed the share considerably closer to the lower boundary of its annual range.

The displayed return figures were negative across all four periods. One-month return stood at -0.67%, three-month performance at -1.67%, six months at -4.68% and one year at -1.93%. The six-month decline was the largest among those intervals.

The session therefore ended with a modest percentage fall, a close near the lower half of the day's ₹20 range and a price below all three major displayed moving averages.