Nifty Erases Losses, Sensex Adds 180 Pts, India VIX Sheds 6%
By Malvika Gurung Investing.com -- Indian equity benchmark indices made a negative opening on Thursday following global cues after Fed Chair Jerome Powell’s commitment to rein in...
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India Indices Rise Ahead of Fed Policy Outcome; Financials, Banks Shine
By Malvika Gurung Investing.com -- Indian equity benchmark indices made a higher opening on Wednesday ahead of the much-awaited US Federal Reserve’s interest rate decision tonight,...
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SBI, IndusInd Bank, ICICI Bank Jefferies top stock picks in banking sector. Here's why
IndusInd Bank, ICICI Bank and SBI are Jefferies' top stock buys, with price targets that suggest up to 55 per cent potential upsides. Overall, it has price targets that suggest up to 69 per...
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22 stocks in Sensex pack delivered negative returns last week. What should investors do this week?
Both TCS and IndusInd bank were under pressure due to issues related to the management. In the case of IndusInd Bank, the Reserve Bank of India (RBI) gave approval for re-appointment of its...
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Zee Entertainment up 8% on report that it will pay $10 mn to IndusInd Bank
The settling of dues of about Rs 83.7 crore to the lender could happen as early as Friday, and IndusInd Bank could withdraw its insolvency proceedings against the media company
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Zee Entertainment likely to repay IndusInd $10 million to wrap Sony deal
Zee Entertainment Enterprises Ltd. has agreed to repay dues owed to IndusInd Bank Ltd. as it seeks to resolve insolvency proceedings initiated against it. The settling of dues of about Rs...
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Nifty Cracks Below 17K; Benchmarks End in Red for Day 5, Reverse Morning Gains
By Malvika Gurung Investing.com -- Leading Indian stock indices ended in the red for the fifth consecutive session on Wednesday despite making a positive opening in the day, tracking...
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Sensex gains over 500 points, Nifty above 17,150; IndusInd Bank rises 2%
Sensex rallies over 500 points, Nifty above 17,150; IndusInd Bank, Maruti Suzuki gain 2% each; RIL, Tata Motors, ICICI Bank are some of the top movers in morning trade.
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Stock Market Updates: Sensex Jumps Over 500 pts, Nifty Above 17,150; IndusInd Bank Gains 2%
Sensex Today: Domestic markets opened higher on Wednesday morning, as global sentiments improve on in-line US inflation report.
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Buy IndusInd Bank, target price Rs 1400: Sharekhan by BNP Paribas
IndusInd Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 83120.62 Crore).
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Buy IndusInd Bank; target of Rs 1450: Motilal Oswal
Motilal Oswal is bullish on IndusInd Bank recommended buy rating on the stock with a target price of Rs 1450 in its research report dated March 12, 2023.
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Hot Stocks: Brokerages on IndusInd Bank, ICICI Bank, Axis Bank and Tech Mahindra
Citi maintained a Neutral rating on Tech Mahindra with a target price of Rs 1,120. The brokerage firm said that it expects a favourable stock price reaction with the appointment of Mohit...
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IndusInd Bank slips 5% as RBI reappoints MD & CEO for shorter tenure
RBI's approval for reappointment of MD & CEO being for a lower tenure compared to board approval, which was for three years, could keep stock under pressure in near term
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M&M, IndusInd Bank, Lupin, Nazara Technologies in focus
Mahindra & Mahindra (M&M): M&M on Friday announced that the company's total production of automobiles advanced 14.04% to 56,997 units in February 2023 as compared with 49,979 units sold in...
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Buzzing Stocks: Ambuja Cements, IndusInd Bank, Godrej Industries, and others in news today
Stocks to Watch: Check out the companies making headlines before the opening bell today.
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IndusInd Bank gets RBI nod for reappointing Sumant Kathpalia as MD & CEO
The private lender said that the Reserve bank of India (RBI) has approved the re-appointment of Sumant Kathpalia as managing director and chief executive officer (MD & CEO) of the bank for...
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Indian Indices Fall Sharply Amid Negative Global Cues Ahead of US Jobs Data
By Malvika Gurung Investing.com -- The domestic market indices tanked in the opening trade on Friday following similar cues from global markets after major US indices fell sharply in the...
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IndusInd Bank shares rise most on Sensex, Nifty as RBI likely to extend CEO’s term
Shares of IndusInd Bank gained up to 5.12% to Rs 1178.75 against the previous close of Rs 1121.15 on BSE.
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IndusInd Bank Ltd spurts 2.2%
IndusInd Bank Ltd is quoting at Rs 1126.35, up 2.2% on the day as on 12:49 IST on the NSE. The stock is up 24.89% in last one year as compared to a 7.98% jump in NIFTY and a 19.67% jump in...
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Banks' Romance With Profit Will End In March
The drop in net interest margin will separate the men from the boys, explains Tamal Bandyopadhyay.
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Zee Shares Zoom 8% After Days of Downfall on NSE’s Latest Announcement
By Malvika Gurung Investing.com -- Shares of the media company Zee Entertainment (NS:ZEE) Ltd (ZEEL) zoomed over 8% in Tuesday’s intraday trade, hitting the session’s high at Rs...
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Sunil Mehta resigns as Adani Green Energy director, to join IndusInd Bank
Adani Green Energy (AGEL) on Friday said that its director Sunil Mehta has resigned to avoid any conflict of interest following his appointment as Chairman of IndusInd Bank. "Sunil Mehta has...
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NSE Excludes Zee Entertainment from Equity Derivatives on Insolvency Proceeds
By Malvika Gurung Investing.com -- The National Stock Exchange has excluded the media company Zee Entertainment (NS:ZEE) from the Equity Derivatives segment, adding that the contracts for...
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Zee Entertainment's insolvency: CEO Punit Goenka moves NCLAT
Says taking all necessary steps to protect interest of stakeholders and achieve timely completion of proposed merger with Sony
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Zee moves NCLAT against NCLT admitting IndusInd Bank’s challenge to Zee-Sony merger
IndusInd Bank, in its plea before NCLT, has claimed a default of Rs 83.08 crore against Zee
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Zee Entertainment Plummets 14%, Hits 52-Week Low on Insolvency Proceeds
By Malvika Gurung Investing.com -- Shares of the media company Zee Entertainment (NS:ZEE) plunged 14.4% on Friday and hit a new 52-week low of Rs 176.55 apiece in the morning trade on Friday...
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NCLT admits Zee Ent and Siti Network for insolvency proceedings
The Mumbai bench of the National Company Law Tribunal (NCLT), in two separate applications filed by the IndusInd Bank, has appointed Sanjeev Kumar Jalan and Mohit Mehra as resolution...
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Sensex Sheds 550 Pts, India VIX Jumps 7%, Nifty Sectors Painted in Red
By Malvika Gurung Investing.com -- The domestic market indices made a negative start on Wednesday amid weak global cues, as Asian markets in early trade witnessed deep sell-offs following an...
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We aim to serve every financing need of a MSME up to Rs 250 crores of turnover, says Amitabh Saraff of IndusInd Bank at ET MSME Talks
At ET MSME Awards 2022, Amitabh Saraff, Head - Financial Services, SME Business, and Supply Chain Finance, IndusInd Bank, highlights why leveraging big data, policy initiatives and strategic...
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Sell IndusInd Bank, target price Rs 1065: Motilal Oswal Financial Services
Promoters held 16.51 per cent stake in the company as of 31-Dec-2022, while FIIs owned 44.79 per cent, DIIs 24.46 per cent.
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Nifty Bank Outlook, Overview: Key Levels to Watch For
By Malvika Gurung Investing.com -- The domestic market indices ended on a negative note on Friday, led by losses across banking, financial, IT and realty stocks amid weak global cues. The...
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Nifty Snaps 3-Day Winning Run, Ends in Red; IT, Banks Exert Pressure
By Malvika Gurung Investing.com -- Indian equity benchmark indices ended on a negative note on Friday, snapping a three-day winning run, after making a lower opening earlier in the session...
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IndusInd Bank offers 7.5% interest to general public, 8.25% to senior citizens; check details
After the hike, regular depositors can now earn the highest interest rate of up to 7.5%and senior citizens can earn up to 8.25%.
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IndusInd Bank Ltd slips for fifth straight session
IndusInd Bank Ltd is quoting at Rs 1148.9, down 0.06% on the day as on 13:19 IST on the NSE. The stock jumped 20.2% in last one year as compared to a 4.53% rally in NIFTY and a 11.32% spurt...
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IndusInd Bank invests Rs 140 crore in Sushma group’s commercial projects in Chandigarh
Developers in tier 2 cities have started getting institutional funding as Covid increased the demand for quality housing and commercial space in smaller cities. Last year, Sushma group had...
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Tata Steel, IndusInd Bank, Apollo Tyres, ONGC, ITC: Nifty stocks that trade at deep discount to 10-year averages
IndusInd Bank (47 per cent discount) and Kotak Mahindra Bank (17 per cent) traded at discount to their historical P/BV levels. HDFC Life and SBI Life traded at up to 36 per cent discount to...
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IndusInd Bank Ltd spurts 0.4%, rises for fifth straight session
IndusInd Bank Ltd is quoting at Rs 1147.5, up 0.4% on the day as on 12:44 IST on the NSE. The stock is up 18.65% in last one year as compared to a 2.18% gain in NIFTY and a 7.54% gain in the...
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IndusInd Bank Ltd soars 2.37%, Gains for third straight session
IndusInd Bank Ltd is quoting at Rs 1129.65, up 2.37% on the day as on 12:49 IST on the NSE. The stock is up 21.07% in last one year as compared to a 2.99% gain in NIFTY and a 8.92% gain in...
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Sensex, Nifty open higher; Adani stocks bleed; SBI, Titan, IndusInd Bank rally up to 5%
BSE Sensex jumped 406.11 points, or 0.68 per cent, at 60,338.35, whereas NSE' Nifty50 rallied 90.20 points, or 0.51 per cent, at 17,700.60 at 9.20 am.
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Nifty Bank Overview, Outlook: Key Levels to Watch Out For; BoB Shines
By Malvika Gurung Investing.com -- The key sectoral index Nifty Bank ended 0.1% or 42.15 points higher at 40,387.45 points on Monday, with most constituent stocks ending on a positive...
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D-St Bloodbath Snippet: Sensex Dives, F&O Expiry, VIX Up 9%, Banks Crash
By Malvika Gurung Investing.com -- The domestic market witnessed a negative opening on Wednesday and widened the losses further in the session amid negative cues and a wide sell-off on the...
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Morgan Stanley, Jefferies, HSBC See Upto 36% Upside on IndusInd Bank Post Q3
By Malvika Gurung Investing.com -- The private sector lender IndusInd Bank (NS:INBK) posted a higher-than-estimated rise in its net profit for the December ended quarter, surging 68.7% YoY...
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IndusInd Bank Q3 Net Profit Jumps 69%, Trumps Street Estimate, Provisions Fall
By Malvika Gurung Investing.com -- The private sector lender IndusInd Bank (NS:INBK) released its earnings results for the quarter ended on Dec 31, 2022, on Wednesday, posting a higher...
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Key Events on Jan 18: UK CPI, IndusInd Bank, Persistent Q3 & More
By Malvika Gurung Investing.com -- The domestic indices made a flat opening on Wednesday amid mixed global cues, later building on gains in the morning session. At 10:05 am, benchmarks Nifty...
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