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Banking stock gains after healthy business update
IndusInd Bank shares rose after a steady business update, with analysts focusing on asset quality and upcoming earnings details.
Shares of IndusInd Bank moved higher following its quarterly business update, which reflected steady growth across key lending and deposit segments. Asset quality trends and balance sheet stability as supportive factors. Investors are now awaiting detailed earnings disclosures to assess margin performance and credit costs. Nomura analysts said that IndusInd Bank’s pre-Q2 FY26 update pointed to weak loan and deposit growth.