Axis Bank has been trading low for last few quarters as the bank was having higher NPA levels and exposure to stressed assets.

SBI Life Insurance is strong company expected to report a strong quarter. The insurance major has strong market position, branding and network across the country.

Indian stock markets received the much-needed boost and the trigger that can help Indian companies in long term in form of corporate rate cut announced by Narendra Modi government.

Indian Stock Markets jumped after Finance Minister announced reduction in corporate tax.

Indian Stock Markets ended the week positive. The support received by markets from lower levels has led NSE Nifty above its important resistance placed at 11100 along with its 50 SMA at 11114.

Indian markets remained weak last week with stock specific action. While the Indian currency faced pressure, stock specific action was witnessed.