Is IndusInd Bank a Buy or Sell now? Analysts weigh in near-term challenges

IndusInd Bank shares rose 2.6% after posting Q2 earnings, but concerns over accounting discrepancies and weak loan growth remain. Brokerages have mixed views, with Nuvama maintaining a ‘Sell’ rating and Jefferies staying with a ‘Buy’ call. Elara Capital reiterates a ‘Sell’ rating, citing uncertainties and the need for stability. The bank reported a loss of […]