Shares in Axis Bank Ltd fell after the government launched an offer to sell up to a 9 per cent stake in India's third-largest private-sector bank by assets to raise up to $935 million.
Axis Bank shares were down nearly 1 per cent, compared with a 0.4 per cent gain in the broader Nifty. Axis shares touched a low of Rs.1,322.1earlier in the day.
Copyright: Thomson Reuters 2014
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