MUMBAI: IndusInd Bank's beaten-down shares may be prime for a rebound, for now, as the central bank's weekend assurance revives investor confidence, sparking a scramble for its shares.
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.
This story is from the March 17, 2025 edition of Hindustan Times Jaipur.
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This story is from the March 17, 2025 edition of Hindustan Times Jaipur.
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