In the previous issues of MoneyLIFE, we had warned that the current market rally was a false one. This has proved to be the case. The brief rally has ended at 17,600. After every major crash, the index has to gather enough steam to push out of pessimistic hands. Typically, as the market tries to recover, it is an uncertain, trying-to-test-the-waters type of recovery. After it has ...

In a sea of uncertainty, if there is a stock that will most certainly outperform the broader indices for a long time, it is Axis Bank, the third largest private sector bank that is exceptionally innovative and runs a clean operation. This is clearly reflected in its financial results. Its scorching growth over the past few years continues. For the March quarter, Axis reported a revenue...