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Momentumisers: IndusInd Bank in focus; here’s why
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Momentumisers: IndusInd Bank in focus; here’s why
Feb 24, 2022 12:13 AM

IndusInd Bank outperformed Nifty in the last one week and one month; so over the last one week, the stock is down only 0.5 percent while Nifty is down about 1.4 percent and Bank Nifty is down about 0.4 percent.

Looking at the monthly change, IndusInd Bank has gained about 15.8 percent compared to a negative return on Nifty of about 0.5 percent and Bank Nifty gaining about 1.2 percent, so on a monthly basis, IndusInd Bank has outperformed Nifty as well as Bank Nifty.

Also Read: IndusInd Bank Q3 Results: NII rises 11.4% YoY to Rs 3,793 crore; net profit up nearly 50% to Rs 1,241 crore

The daily trading volume data of yesterday, February 23, was around Rs 334 crore. It was around Rs 232 crore as of February 18th and yesterday's delivery volume was around 24.3 percent.

Watch the accompanying video of CNBC-TV18’s Abhishek Kothari for more details.

Catch minute-by-minute updates on the stock market, and more, here:

First Published:Feb 24, 2022 9:13 AM IST

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