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 Milwaukee Sun 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 Milwaukee Sun.
More InformationWASHINGTON, D.C.: Former U.S. President Donald Trump says he wants to cut federal funding for colleges that allow what he calls illegal...
CNN - In a recent interview with CNN's Christiane Amanpour, Canadian Foreign Minister Mélanie Joly expressed strong opposition to President...
NEWARK, New Jersey: Over the weekend, a FedEx Boeing 767 cargo plane hit a bird while taking off from Newark Airport. One of its...
WASHINGTON, D.C.: The Pentagon told its civilian employees that they must provide a list of five bullet points detailing their accomplishments...
MELBOURNE, Australia: An Australian warship rescued Lithuanian adventurer Aurimas Mockus this week after he became stranded in the...
WASHINGTON, D.C.: The U.S. is sending about 3,000 more soldiers to the U.S.-Mexico border as President Donald Trump pushes to stop...
WASHINGTON, D.C.: Contracts to buy previously owned homes in the U.S. fell to a record low in January due to high mortgage rates and...
(Photo credit: David Butler II-Imagn Images) The Boston Celtics will attempt to cool off the visiting Los Angeles Lakers when two...
(Photo credit: Brett Davis-Imagn Images) Meeting for the second time in three days, the Atlanta Hawks will look to sweep a two-game...
(Photo credit: Jeff Hanisch-Imagn Images) The Milwaukee Bucks and visiting Orlando Magic find themselves on opposite trajectories...
(Photo credit: Ron Johnson-Imagn Images) Kasparas Jakucionis drilled a tie-breaking 3-pointer with 39 seconds left to highlight a...
(Photo credit: Brad Penner-Imagn Images) New York Knicks guard Jalen Brunson is dealing with a sprained right ankle and will be sidelined...