Mumbai: Indusind bank'S Shares Recovered some losses (up 4%) on Wednsday after plunging Nearly 27% on Tuesday. Market Players said Concerns Esed after Reports Said the Promoter Had Finalized Funds for Acquiring Reliance Capital.
Concern ease
This eased fears that the promoters would face margin calls on pledged shares. Statements from the CEO, indicating the bank could post a net profit in Q4 Despite Provisions, also helped sent. RBI too launched an industry wide review of banks' derivative positions.
(Tagstotranslate) Business News (T) Indusind Bank Shares Inch up after 27% Dive (T) Indusind Bank Shares Inch Up after 27% (T) Indusind Bank Shares Inch Up (T) Indusind Bank Shares (T) Indusind Bank Shares
Leave a Reply