#indusIndbank #indusIndbankstock #stock #indusIndbankshares
Shares of private lender IndusInd Bank has crashed over 25 percent in trade on March 11, after the bank reported discrepancies in its forex derivatives portfolio. The bank’s stock recorded its biggest ever single day fall after several brokerages downgraded the stock and have cut their target prices based on earnings downgrades. What has led to this crash in IndusInd Bank shares? What is the lowest target that brokerages are recommending for this stock? What levels are suggested by technical analysts for this stock? Until where stock can fall? Catch all that in this special video
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