IndusInd Bank shares jump 9% in two days; here’s why

Shares of IndusInd Bank extended its gaining streak for the second straight session on Wednesday, rising nearly 4% in intraday trade. The private lender’s share price has bounced 9% in two sessions despite sharp volatility in the broader market amid value buying by investors at attractive levels. The stock witnessed sharp correction last month, with the stock hitting 52-week low of ₹605.40 on March 12, 2025, following the disclosure that the bank had found discrepancies in its derivatives portfolio.

Continuing its uptrend for the second day, IndusInd Bank share price rose as much as 3.76% to ₹708.45 on the BSE. Early today, the banking stock opened flat at ₹682.75 after ending 5.1% higher in the previous session.

The stock was currently trading 3.1% higher at ₹704, with a market capitalisation of ₹54,845 crore. The largecap stock has rebounded 17% against its 52-week low level, while it is still down 55% from its 52-week high of ₹1,576 touched on April 8, 2024.