IndusInd Bank’s daily trend is bullish to sideways. The RSI for daily is showing sideways momentum, however, the RSI for monthly and weekly is showing weekly momentum. Based on option chain analysis, the range is between 1300 and 1460. Let’s plan a trade around this.
IndusInd Bank’s provisional business numbers indicate strong growth momentum – loan growth of 21 per cent YoY (3.8 per cent QoQ) and deposit growth of 14.6 per cent YoY (3.2 per cent QoQ).
Stocks to watch today: Mounting uncertainty in both global and domestic markets has kept Indian equities highly volatile. IndusInd Bank, Bajaj Auto, and Zydus Lifesciences, are among the stocks in focus on Tuesday, April 25, 2023.