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Axis Bank drops 4% post Q1 miss; Analysts advise caution
short by / on Friday, 18 July, 2025
Axis Bank fell 4.5% after Q1 FY26 results missed estimates. Net profit dropped 4% YoY to ₹5,806 crore; provisions surged, and NPAs rose 10%. Analysts flagged weak technicals-CCI, OBV, and CMF signal no reversal yet. Support lies at ₹1,075-1,050; resistance at ₹1,149. Analysts advise holding, not exiting, but warn against fresh buys without reversal signs.
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