ANI
26 Mar 2020, 18:33 GMT+10
Mumbai (Maharashtra) [India], Mar 26 (ANI): Shares of private sector lender IndusInd Bank touched upper circuit on Thursday afternoon, snapping an eight-day losing streak and clocking the biggest-ever intra-day gain.
The stock was the top gainer on the Nifty and Nifty private bank index. At 12:30 pm, the stock was trading at Rs 446.10, up by 48.06 per cent from its previous close.
Reports said over 30.2 lakh shares had changed hand on counters of the National Stock Exchange (NSE) and BSE Ltd.
On Tuesday, the newly-appointed Managing Director and Chief Executive Officer (CEO) Sumant Kathpalia took charge at IndusInd Bank for three years. He succeeds Romesh Sobti whose tenure ended a day earlier.
Last month, Moody's had revised the outlook on IndusInd Bank's instrument to negative from stable to account for the risk of further asset quality deterioration. However, it affirmed ratings on foreign and domestic currency deposits on the back of a strong capital base. (ANI)Get a daily dose of Beijing Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Beijing Bulletin.
More InformationWashington DC [US], March 21 (ANI): Tech billionaire Elon Musk slammed the New York Times on Friday in a post on X, hours after US...
New York [US], March 21 (ANI): India's Permanent Representative to the United Nations, Ambassador Parvathaneni Harish, has stressed...
Washington DC [US], March 21 (ANI): US President Donald Trump said on Friday that people who are caught sabotaging Tesla cars may stand...
Washington DC [US], March 21 (ANI): The US Department of Defence is set to brief Elon Musk on plans for a potential war with China,...
Tirupati (Andhra Pradesh) [India], March 21 (ANI): Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday visited the Tirumala...
(250320) -- SHANGHAI, March 20, 2025 (Xinhua) -- A visitor learns about a smart induction cooker during the 2025 Appliance & Electronics...
Elon Musk's Teslas' are in the running to take over the transport of Israel's government officials. Musk's company, Tesla Inc., has...
WASHINGTON, D.C.: The Trump administration is seeking a delay in the legal battle between U.S. Steel and Nippon Steel over their blocked...
NEW YORK, New York - U.S. stocks were on the defensive Thursday as investors and traders weighed the Fed's policy decision of a day...
WASHINGTON, D.C.: The expansion of U.S. natural gas infrastructure in 2024 significantly boosted the country's ability to transport...
BERLIN, Germany: Audi has announced plans to cut up to 7,500 jobs in Germany by 2029 as part of a broader restructuring aimed at reducing...
SEATTLE/WASHINGTON D.C.: U.S. Transportation Secretary Sean Duffy said last week that the Federal Aviation Administration (FAA) is...