Axis Bank share price ends at ₹1,222.90; drops 1.85% on September 15

Key Takeaways

• Axis Bank declined ₹23.10 or 1.85% to ₹1,222.90 and finished only ₹2.90 above the session low of ₹1,220. 
• The 50-day and 200-day DMAs were separated by just ₹1.70, with both standing roughly ₹40 above the closing price. 
• One-year return remained positive at 10.64%, whereas the three-month return was negative at -9.84%. 

Axis Bank share price ended September 15 at ₹1,222.90, down ₹23.10 or 1.85% from its previous close of ₹1,246. The stock opened at ₹1,254, which was also the session high, and later moved to ₹1,220. That created a ₹34 intraday range. The final price was only ₹2.90 above the day's low. 

From opening to close, Axis Bank declined ₹31.10. The gap between the high and closing price was identical because the stock opened at its upper extreme. Volume reached 5,794,102 shares. Market capitalisation stood at ₹3,80,741 crore. 

The three moving averages were grouped within a relatively narrow band above the stock. Its 50-day DMA was ₹1,262.70, putting the close ₹39.80 lower. The 200-day DMA stood at ₹1,264.40, only ₹1.70 away from the 50-day figure and ₹41.50 above the closing price. The highest of the three was the 100-day DMA at ₹1,272.80, leaving a ₹49.90 gap. 

Across 52 weeks, Axis Bank had traded between ₹1,100 and ₹1,418. The September 15 close was ₹122.90 above the annual low and ₹195.10 below the high. Its session low of ₹1,220 remained ₹120 above the 52-week bottom, while the opening and high were ₹164 short of the annual peak. 

The return profile changed direction several times across the displayed periods. One month was marginally positive at 0.45%. Three months stood at -9.84%, followed by a six-month return of 2.14%. The one-year reading reached 10.64%, which was 8.50 percentage points higher than the six-month figure and 20.48 points above the three-month number. September 15 itself closed lower, with the stock finishing close to its intraday low and below all three displayed DMAs.