Axis Bank share price finishes at ₹1,220, gains 1.2% on October 28

Key Takeaways

• Axis Bank ended at ₹1,220 after reaching the same ₹1,220 level at the session high, with the day's low recorded at ₹1,200.
• The close remained below the 50-day DMA of ₹1,244.60 and the closely grouped 100-day and 200-day averages of ₹1,256.80 and ₹1,257.40.
• Axis Bank was ₹70 above its ₹1,150 52-week low, while its six-month and one-year returns stood at -8.19% and -3.06%.

Axis Bank share price closed the October 28 session at ₹1,220, up roughly 1.2% from the previous close of ₹1,206. The stock had started at ₹1,207, almost unchanged from the previous finish, before moving as low as ₹1,200. Its later advance took it to ₹1,220, which also became the final NSE price. The close was therefore ₹13 above the open and ₹20 above the day's lowest level.

The session covered a ₹20 high-low range. Finishing at the high left no gap between the final price and the upper end of that range. The later 5paisa market table recorded about 3.78 million NSE shares for the session. It supplied the final-session price and range after the canonical Axis Bank page had remained on an earlier 1:12 PM reading.

Moving averages were above the final price but fairly tightly grouped with one another. The 50-day DMA was ₹1,244.60, putting Axis Bank ₹24.60 below that level. The 100-day DMA stood at ₹1,256.80 and the 200-day DMA at ₹1,257.40, a difference of only ₹0.60 between those two averages. The close was about ₹37 below both longer measures.

Axis Bank's 52-week low was ₹1,150 and its high was ₹1,418. The October 28 finish stood ₹70 above the low and ₹198 below the high. The final price was therefore materially closer to the lower end of the annual range than the upper end.

Returns were negative across each of the four periods displayed by 5paisa. The one-month figure was -0.55% and the three-month return was -0.96%, both relatively small compared with -8.19% over six months. The one-year return stood at -3.06%. October 28's daily gain did not alter that mixed time-horizon comparison.