News for IndusInd Bank Limited (INDUSINDBK.BO)

IndusInd Bank shares fell 27.17 per cent to settle at Rs 655.95 on BSE. Ashok Leyland settled the day at Rs 200, down 3.24 per cent. Hinduja Global Solutions Ltd dropped 3.68 per cent to Rs 500.

The Sensex fell 12.85 points to 74,102.32, while Nifty gained 37.60 points to close at 22,497.90. Realty stocks provided support, but IT and private banks dragged. Analysts cite easing valuations, lower crude prices, and upcoming inflation data as key market factors.

In the Nifty 50 index, 29 stocks ended in the green, while 21 stocks closed in the red in today's trade.

The 30-share BSE Sensex closed down 12.85 points at 74102.32

Equity indices Sensex and Nifty close flat as investors await macroeconomic data, showing signs of gradual recovery.

The Nifty Auto index closed 0.34 per cent down at 20682.65.

The largecap banking stock nosedived to a 5-year low of ₹649, the lowest level last seen in March 2020, while its m-cap slipped to ₹51,102 crore.

Benchmark indices end mixed as BSE Sensex closes slightly lower, NSE Nifty edges up; selective buying boosts recovery amid cautious sentiment.

The 30-share BSE Sensex closed down 12.85 points at 74102.32

From the Sensex pack, IndusInd Bank, Infosys, Bajaj Finserv, Mahindra & Mahindra, Zomato, Hindustan Unilever, Power Grid, Axis Bank, UltraTech Cement, Adani Ports, and Tata Consultancy Services were among the laggards. On the other hand, Sun Pharmaceuticals, ICICI Bank, Bharti Airtel, HCL Technologies, Maruti Suzuki India, Larsen & Toubro, Reliance Industries, Kotak Mahindra Bank and Titan were the gainers.

The NSE Nifty index closed 37.61 points up at 22497.9

The 30-share BSE Sensex closed down 12.85 points at 74102.32

The Nifty Bank index closed 0.75 per cent down at 47853.95.

The Nifty IT index closed 0.65 per cent down at 37400.1.

Stock Market Highlights: The Sensex closed in the red on Tuesday, while the Nifty managed to stay above 22,490, buoyed by gains in realty, while the benchmarks offset a massive crash in IndusInd Bank even as it witnessed declines in the IT and private banking sectors.

IndusInd Bank eventually closed the day at Rs 657.25 on BSE, down 27.02 per cent. This is the same level IndusInd Bank traded at in early November 2020. Ashok Leyland settled the day at Rs 200, down 3.24 per cent.

Around 19 AMCs had exposure of less than Rs 100 crore. JM Mutual Fund and HSBC Mutual Fund had exposures of Rs 86.63 crore and Rs 78.44 crore, respectively. PPFAS Mutual Fund held about 4.40 lakh shares valued at Rs 43.56 crore.

The Nifty Realty index was trading 2.51 per cent up at 819.8.

The 30-share BSE Sensex was down 172.05 points at 73943.12