Indian shares jump over 3% as banks surge on bargain hunting
Indian shares closed over 3%
higher on Wednesday as value investors stepped in to buy
beaten-down banking stocks, while Axis Bank surged after a
report said private equity group Carlyle was in discussions with
the lender for a fund infusion.
higher on Wednesday as value investors stepped in to buy
beaten-down banking stocks, while Axis Bank surged after a
report said private equity group Carlyle was in discussions with
the lender for a fund infusion.
Posted by Reuters
