The benchmarks have lost nearly 5% over the last six sessions, which pushed the Nifty into oversold territory for the first time in 16 months. The market capitalisation of all listed companies on the BSE declined by 3 lakh crore to Rs 306.22 lakh crore. From the Sensex stock, M&M, Bajaj Finance, Asian Paints, and Nestle were the top laggards, falling 3-4%.
The gap between Axis Bank’s own portrayal of customer experience and the reality of customer complaints recalls Robert Louis Stevenson’s classic tale of Dr Jekyll and Mr Hyde.