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IndusInd Bank Ltd Slides 10.6%, S&P BSE BANKEX index Drops 6.8%

  • bitnet infotech
  • March 16, 2020
  • 4:36 am

IndusInd Bank Ltd lost 10.6% today to trade at Rs 718.75. The S&P BSE BANKEX index is down 6.8% to quote at 26926.85. The index is down 23.85 % over last one month. Among the other constituents of the index, ICICI Bank Ltd decreased 8.5% and Axis Bank Ltd lost 7.92% on the day. The S&P BSE BANKEX index went down 18.19 % over last one year compared to the 15.66% fall in benchmark SENSEX.

IndusInd Bank Ltd has lost 38.9% over last one month compared to 23.85% fall in S&P BSE BANKEX index and 22.27% drop in the SENSEX. On the BSE, 75485 shares were traded in the counter so far compared with average daily volumes of 5.52 lakh shares in the past one month. The stock hit a record high of Rs 1835 on 28 Mar 2019. The stock hit a 52-week low of Rs 550.05 on 13 Mar 2020.

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