Axis Bank shares surge 11% in 5 days. What’s fuelling the rally?

Axis Bank shares hit a fresh 52-week high of Rs 819 apiece on Wednesday after they rallied 4.2 per cent on the BSE in the intra-day trade. At 10:50 AM, the stock of the private lender was trading at Rs 810 per share, up 3 per cent, as compared to a 0.26…

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