IndusInd Bank – HDFC Bank, ITC among 10 largecap stocks wherein FIIs decreased stake in Q4

May 03, 2024, 11:20:18 AM ISTA Foreign Institutional Investor (FII) is a person or company that invests in a country other than the one where it is registered or has its headquarters. According to StockEdge data, here’s a list of 10 largecap stocks from the Nifty200 index wherein FIIs decreased their stake in Q4:IANSHDFC Bank saw a 4.5% drop in foreign institutional investors’ shareholding in Q4 FY24. The FIIs’ stake declined to 47.83% in Q4 FY24 from 52.31% in Q3 FY24.ETMarkets.comThe FIIs’ shareholding in ITC declined by 2.3% in the March quarter of 2024. The FIIs’ shareholding fell to 40.95% in Q4 FY24 from 43.26% in Q3 FY24.AgenciesFIIs’ shareholding in IndusInd Bank dropped by 2.2%…
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Source: https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-itc-among-10-largecap-stocks-wherein-fiis-decreased-stake-in-q4/indusind-bank/slideshow/109805566.cms?from=mdr

Dollar swap option returns to India after RBI rule change for lenders | Finance News

The central bank, effective Friday, expanded the range of products banks can offer to eligible corporates, which included swaptions, or an option to enter into an interest rate swapReserve bank of India | Bloomberg PhotoReuters IndusInd Bank concluded a USD swaption, or swap option, deal after the Reserve Bank of India permitted lenders to offer such products, the company said on Friday.  IndusInd said it executed the deal with two of its large corporate clients but did not disclose their names.  Click here to follow our WhatsApp channel “With the RBI allowing more products being offered to corporates for hedging their risks, corporates will now have more effective ways of hedging…
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Source: https://www.business-standard.com/amp/finance/news/dollar-swap-option-returns-to-india-after-rbi-rule-change-for-lenders-124050300619_1.html

Unlocking Risk Management: Dollar Swap Options Return to India as RBI Reforms Lending Rules

After a significant regulatory shift by the Reserve Bank of India (RBI), dollar swap options, also known as swaptions, have made a comeback in India’s financial landscape. IndusInd Bank, a prominent player in the country’s banking sector, recently concluded a USD swaption deal with two undisclosed large corporate clients, marking a significant development in the realm of risk management.
IndusInd Bank announced the execution of this deal following the RBI’s decision to permit lenders to offer such products. Siddharth Banerjee, Head of Global Markets Group, Investment Banking, and Financial Institutions at IndusInd, emphasized the importance of this change, stating, “With the RBI…
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Source: https://r9news.in/2024/05/03/unlocking-risk-management-dollar-swap-options-return-to-india-as-rbi-reforms-lending-rules/

Recos Updates: Motilal Oswal Forecasts 24.63% Upside for IndusInd Bank, Sets Target Price at Rs 1850.00

06:02:10 PM IST, 03 May 2024IndusInd Bank Share Price Updates: IndusInd Bank Stock Price History04:12:37 PM IST, 03 May 2024IndusInd Bank Share Price Updates: IndusInd Bank Bonus Updates03:37:22 PM IST, 03 May 2024IndusInd Bank Share Price Updates: IndusInd Bank Closes at Rs 1483.50 with 1.45% Decline in Daily TradingIndusInd Bank closed at a price of Rs 1483.50 today, marking a decrease of 1.45% from the previous day’s closing price.03:14:49 PM IST, 03 May 2024IndusInd Bank Share Price Updates: IndusInd Bank Sees 1.44% Decline in Current Price, Delivers 72.77% Returns Over 3 YearsIndusInd Bank is currently trading at a price of Rs 1483.65, experiencing a decrease of 1.44% today….
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/indusind-bank-share-price-live-updates-03-may-2024/amp_liveblog/109800723.cms

Indusind Bank share price Today Live Updates : Indusind Bank Stock Shows Gains in Today’s Trading

Indusind Bank Share Price Today : Indusind Bank’s stock opened at ₹1510, reached a high of ₹1521, and a low of ₹1500.05 before closing at ₹1515.6. The market capitalization stood at ₹117152.72 crore. The 52-week range for the stock was between ₹1065.5 and ₹1694.35. On the BSE, a total of 24248 shares were traded on the last day.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

03 May 2024, 09:50 AM IST
Indusind Bank share price live: Stock Peers
Today, Indusind Bank’s stock price increased by 0.08% to reach ₹1506.95, while its counterparts are…
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Source: https://www.livemint.com/market/live-blog/indusind-bank-share-price-today-latest-live-updates-on-03-may-2024/amp-11714703592310.html

Buy IndusInd Bank; target of Rs 1850: KR Choksey

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KR Choksey’s research report on IndusInd Bank
IndusInd Bank result was in-line with our estimates with minor deviations of ~2.0% headline numbers. In Q4FY24, Net Interest Income (NII) grew by 1.5% QoQ/ 15.1% YoY to INR 53,765 Mn. The NII was lower by 2.6% on the back of slightly lower yields on assets. PreProvision Operating Profits (PPOP) grew 8.6% YoY/ 1.0% QoQ in Q4FY24 to INR 40,815 Mn. The PPOP was 2.9% lower than our estimates. The net profit for Q4FY24 stood at INR 23,492 Mn, an increase of 15.0% YoY and…
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Source: https://www.moneycontrol.com/news/business/buy-indusind-bank-target-of-rs-1850-kr-choksey-12713127.html/amp

Indusind Bank share price Today Live Updates : Indusind Bank closed today at ₹1505.2, down -0.69% from yesterday’s ₹1515.6

02 May 2024, 06:03 PM IST
Indusind Bank share price live: Stock Peers
Today, Indusind Bank’s stock price decreased by 0.69% to reach ₹1505.2, while its competitors are experiencing mixed results. Punjab National Bank and Bank of Baroda are declining, whereas Union Bank of India and Canara Bank are showing an increase. The benchmark indices Nifty and Sensex are up by 0.19% and 0.17% respectively.

NameLatest PriceChange% Change52W High52W LowMkt. Cap (cr)Punjab National Bank138.0-3.1-2.2142.947.9151952.01Bank Of Baroda279.3-2.3-0.82285.5172.85144436.15Indusind Bank1505.2-10.4-0.691694.351065.5117152.72Union…
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Source: https://www.livemint.com/market/live-blog/indusind-bank-share-price-today-latest-live-updates-on-02-may-2024/amp-11714617017846.html

IndusInd Bank Share Price Live Updates: IndusInd Bank Records Weekly Return of -4.12% as Stock Closes at Rs 1515.7

09:55:34 AM IST, 02 May 2024IndusInd Bank Share Price Live Updates: IndusInd Bank Sees Minor Decline in Price with Elevated VolatilityIndusInd Bank is currently trading at a price of Rs 1512.5, experiencing a slight decrease of 0.22% today. With a 6-month Beta of 1.8256, the stock exhibits higher volatility compared to the market average.09:33:32 AM IST, 02 May 2024Moving Averages Updates: IndusInd Bank Stock Slips Below 100-Day EMA at Rs 1506.55, Registers -0.60% ChangeIndusInd Bank’s stock price has recently dipped below its 100-day Exponential Moving Average, currently standing at Rs 1506.55. The percentage change today is -0.60%, with the 100-day EMA at Rs 1506.64.09:22:34 AM IST,…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/indusind-bank-share-price-live-updates-02-may-2024/amp_liveblog/109769447.cms

Moving Averages Updates: IndusInd Bank Breaks Above 20-Day EMA with Price at Rs 1500.90 and 0.92% Daily Gain

IndusInd Bank recently surpassed its 20-day Exponential Moving Average, with the current price at Rs 1500.90 and a daily percentage change of 0.92%. The 20-day EMA stands at Rs 1500.80, indicating a positive momentum in the stock’s performance.(You can now subscribe to our ETMarkets WhatsApp channel)
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Source: https://m.economictimes.com/markets/stocks/stock-liveblog/indusind-bank-stocks-live-updates-30-apr-2024/moving-averages-updates-indusind-bank-breaks-above-20-day-ema-with-price-at-rs-1500-90-and-0-92-daily-gain/amp_articleshow/109712003.cms?articleno=9