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Axis Bank surged 16% on news of raising capital through NCDs; LIC HF rose 12% on favourable news including setting up a real estate venture fund
Gainers: Axis Bank is planning to raise Rs2,000 crore via unsecured redeemable non-convertible subordinated debentures. The stock surged 16% over the fortnight. LIC Housing Finance is setting up a Rs500-crore (about $100 million) venture fund to...
