So far, in 2022, the Nifty IT index has declined 28%, while the Nifty Bank gained 16% to an all-time high on Thursday. The Nifty has risen 3% in this period and is about 4% away from its record high.
IndusInd Bank’s Deputy CEO, Arun Khurana, resigned amidst a Rs 1,959.98 crore loss from misaccounted derivative trades. This follows the bank’s announcement of corrective actions
The conglomerate on Friday reported 2% growth in its consolidated net profit for the fourth quarter ended March 2025 and revenue from operations increased 10%
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