The bears who stormed the bank's derivatives counter last week may find themselves trapped even as wealthy investors move in, analysts said. As share price rises on fresh buying, bears may rush to cover their short bets, triggering a rally as the market opens on Monday.
On Saturday, the Reserve Bank of India (RBI) said IndusInd Bank's financial health remains "stable" and that it was "closely monitoring" the same. Analysts said after the RBI statement they expect the bank's cash counter to see more bargain hunting by wealthy clients and family offices, and the derivatives counter to witness added short-covering by punters.
"Family offices, HNIs and other institutional players are allocating a portion of their funds to IndusInd Bank as part of their risk strategy, given the magnitude of the price fall," said Ambareesh Baliga, an independent market analyst.
この記事は Mint Mumbai の March 17, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Mint Mumbai の March 17, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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