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Indusind Bank Sees Slight Dip Amid Positive Trading Day

Monday, September 25, 2023 - IndusInd Bank Ltd.'s shares saw a modest decline of 0.74% in the recent stock market trading session, closing at 1,442.05 Indian rupees. This came despite an overall positive trading day where the S&P BSE Sensex Index rose by a marginal 0.02% to reach 66,023.69.

The bank's shares ended the trading session at a value that is 33.45 rupees lower than its 52-week high of 1,475.50 rupees, a peak it reached on Monday, September 20.

On the same trading day, IndusInd Bank Ltd.'s performance was somewhat lackluster compared to its market competitors. Union Bank of India's shares increased by 0.20%, closing at 102.05 rupees, while State Bank of India's shares fell by 0.69% to settle at 594.05 rupees.

Furthermore, IndusInd Bank Ltd.'s trade volume was lower than usual. The bank's trading volume was recorded at 20,167, which is significantly less than its standard 50-day average volume of 76,195.

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This data comes from Dow Jones and FactSet and was generated using automation technology.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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