IndusInd Bank shares recovered slightly despite reporting its first quarterly loss in two decades, yet analysts remain wary. Brokerages have cut earnings estimates, citing concerns about governance, asset quality, and the upcoming CEO transition. While some see potential value, a broader consensus anticipates a slow and uncertain turnaround for the bank.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,