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Business Standard

IndusInd Bank board okays re-appointment of Kathpalia as MD & CEO for 3 yrs

Re-appointment is subject to RBI and shareholder approval

CNBC TV18

IndusInd Bank reappoints Sumant Kathpalia as MD and CEO for three years

Kathpalia joined the bank 16 years ago and has been pivotal in turning it around. Shares of Indusind Bank Ltd ended at ₹1,462.05, up by ₹9.65, or 0.66%, on the BSE.

CNBC TV18

Bernstein's Top Banking Picks: Prefer HDFC Bank, Axis but neutral on SBI

Bernstein in its note mentioned that a potential surprise in microfinance credit costs for IndusInd Bank could create better buying chances in the near term.

The Economic Times

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Grasim Inds., SBI, IndusInd Bank, TCS and Bajaj Finance were among the top losers on NSE in today's trade.

The Economic Times

IndusInd Bank Share Price Today Live Updates: IndusInd Bank Closes at Rs 1480.25, Reports -3.14% Returns Over Three Months

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Business Standard

Divi's Lab, AEL, M&M among top movers & shakers in FY25; trading guide here

Among existing gainers, Divi's Lab and Shriram Finance seem poised for further gains, whereas losers IndusInd Bank and Nestle too look promising on technical charts; check key levels.

The Economic Times

Stocks to buy today: Infosys, Hindalco among top trading ideas for 17 September 2024

The Indian market is expected to trade higher on Tuesday, influenced by positive global cues. Nifty futures closed with a gain of 0.25% on Monday. Analysts suggest a broader trading range between 24,900 to 25,800 zones. Key stock recommendations include Infosys, Hindalco, and IndusInd Bank for short-term gains.

Mint

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Infosys, and IndusInd Bank tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities recommends two stocks to buy this week: Infosys and IndusInd Bank.

Mint

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Sept 16

Buy or sell stocks: Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — IndusInd Bank, Grasim Industries, and Tata Steel

CNBC TV18

Top stock picks | Infosys, IndusInd Bank, Dabur, HDFC Bank and Sun TV on the radar

Market tech analysts, Sacchitanand Uttekar, Shilpa Rout, Mitessh Thakkar, and Soni Patnaik have these recommendations on Tuesday.

The Economic Times

F&O Radar: Deploy Bull Call Spread in IndusInd Bank to gain from potential upmove

The highest concentration of put open interest is at the 1,440 and 1,400 strike prices, suggesting these levels could serve as immediate support. Conversely, the highest call open interest is at the 1500 strike, indicating potential resistance.

Mint

Nifty to hit 26,820 in 12 months, says Prabhudas Lilladher; removes HDFC Bank, ITC from top picks, adds IndusInd, IndiGo

Despite slight EPS downgrades, Prabhudas Lilladher maintains optimism for Nifty, projecting a target of 26,820, driven by robust domestic inflows, sectoral shifts, and favourable economic conditions.

The Economic Times

Bharti Airtel, IndusInd Bank among 7 stocks in Prabhudas Lilladher's new conviction picks

Prabhudas Lilladher has revised its high-conviction stock picks, dropping HDFC Bank, ITC, Maruti Suzuki, Eris Lifesciences, and TCI Express due to recent rallies and slower growth.

The Economic Times

Market Trading Guide: PFC, IndusInd Bank among 5 stock recommendations for Friday

Indian benchmark equity indices hit new record highs on Thursday, driven by gains in RIL, financial, and IT stocks. Analysts see Nifty’s short-term uptrend positive, with potential upside targets around 25,360-25,400.

Business Line

Share Market Highlights August 28, 2024: Sensex, Nifty end higher; IT sector leads gains amid anticipated US rate cut

Sensex, Nifty updates on 28 August 2024: India’s NSE Nifty 50 index retreated from a record high on Wednesday due to profit booking across several sectors, limiting gains in IT stocks that were buoyed by expectations of a potential U.S. rate cut. The index rose by 0.45% to a peak of 25,129.6 points but closed 0.14% higher. The S&P BSE Sensex also edged up 0.09% to 81,785.56. The Nifty 50 has gained 3.8% over ten sessions, marking its longest winning streak since October 2020. IT stocks benefit from U.S. rate cuts and have surged 3.2% this week. LTIMindtree led gains with a 6.54% rise following an upgrade by Kotak Institutional Equities. Meanwhile, financial stocks fell 0.24%, though IndusInd Bank rose 2.35%, based on the positive sentiment of CLSA. Small- and mid-cap indices slipped marginally. Investors are now focused on upcoming U.S. inflation and India’s GDP data releases.

Business Standard

NCLT urges RBI, DIPP to speed up approvals for RCap resolution plan

The National Company Law Tribunal on Monday directed the Reserve Bank and Department of Industrial Policy and Promotion to expedite the approval process to implement Reliance Capital's resolution plan by Hinduja Group-promoted IndusInd International Holdings. The NCLT Mumbai bench also directed IndusInd International Holdings Limited (IIHL) and the Committee of Creditors (CoC) to jointly hold a meeting to decide steps to be taken for the implementation of the same. The National Company Law Tribunal (NCLT) -- comprising Justice Virendrasingh G Bisht and Justice Prabhat Kumar -- directed the Reserve Bank and DIPP to expedite 'the consideration of the approvals' to IIHL that are needed for implementing the RCaP resolution plan. The tribunal was hearing a petition filed by the Hindujas, seeking modification of its July 23 order and an 'extension to complete the obligations' for implementing the resolution plan. After IIHL breached the third deadline on May 27, the NCLT on July 23 exten

The Economic Times

Nifty Bank closes lower; support seen around 52,000 for coming week: Experts

The bank index fell over 400 points to close at 52,660 while the Nifty50 rose more than 21 points to close at 24,323 on Friday. PNB, Bank of Baroda, SBI, and The Federal Bank saw considerable buying, while AU Small Finance Bank, IndusInd Bank, Bandhan Bank and HDFC Bank saw selling pressure.

The Economic Times

Nifty Bank rallies nearly 400 points; here are key levels to track on Friday

The bank index witnessed mild profit taking at higher levels. This mirrors the broader trend. The index settled at 51,783. Bandhan Bank, Federal Bank, IDFC First Bank and ICICI Bank contributed majorly to the gains. SBI and IndusInd Bank saw selling pressure.