Private lender IndusInd Bank Ltd shares rose in early trade on December 27, after the bank decided to offload its non-performing microfinance loan pool of 10.6 lakh retail loan accounts amounting to Rs 1,573 crore as the MFI sector continues to see stress.The lender will auction the microfinance NPAs via a public bidding process and has invited bids on a 100 percent cash basis.IndusInd Bank has se...

The benchmark indices closed nearly a percent higher after a strong recovery in the later part of the session on November 5, with favorable market breadth. About 1,618 shares gained, against 866 falling shares on the NSE. The trend is likely to be in favor of bulls, but the index needs to hold above all key moving averages for a sustainable rally. Below are some trading ideas for the near term:Ash...

Shares of IndusInd Bank plunged 15 percent on October 25, falling the most in nearly 5 months after the lender reported a poor set of numbers for the quarter ended September 30, 2024 (Q2 FY25). Data also showed that 2.38 million shares of the bank changed hands in different block deals.IndusInd Bank reported a significant drop in its consolidated net profit for Q2 FY25, falling 39.5 percent year-o...

Stocks in NewsLet's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayCoal India, JSW Steel, Bharat Petroleum Corporation, Bank of Baroda, Bandhan Bank, Bharat Electronics, InterGlobe Aviation, Aegis Logistics, Balkrishna Industrie...

Buy Ideas for Short TermThe benchmark indices rallied seven-tenths of a percent, marking a good start to the week on October 14, after consolidating last week. On the breadth, about 1,288 shares declined compared to 1,251 shares that advanced on the NSE. The Nifty 50 is likely to continue its upward rally given the beginning of momentum and a fall in volatility. Below are some trading ideas for th...