IndusInd Bank shares rally 3.92% in positive market session

14 articles · Updated · MarketWatch · May 6

The stock closed at 946.50 rupees on Wednesday as the BSE Sensex rose 1.22% to 77,958.52.
IndusInd outperformed peers including Union Bank of India, up 3.06%, State Bank of India, up 3.41%, and Kotak Mahindra Bank, up 1.32%.
Shares finished 2.28% below their 52-week high of 968.60 rupees reached on 26 February, while trading volume of 121,653 stayed below the 50-day average of 241,428.

With a major fraud probe underway, is IndusInd Bank’s stunning stock rally built to last?

As profits surge, what does the ongoing investigation reveal about India's banking oversight?

Can IndusInd Bank's new leadership truly fix the deep-rooted issues behind its accounting scandal?