Sensex today | Stock Market Live: Stock to buy today: IndusInd Bank
Sensex, Nifty, Share Prices Live: The stock of IndusInd Bank has been consolidating for about a month. That is, it has been oscillating between ₹990 and ₹1,035 since the final week of July. Prior to this, the trend has been bullish. The chart now shows the formation of a good base at ₹990, where the 50-day moving average coincides. We anticipate a recovery on the back of this level.
On August 24, 2026, the Sensex showed promising signs for investors, with IndusInd Bank emerging as a potential buy candidate. The stock was currently trading at ₹1,004, with a target price of ₹1,100 and a stop-loss at a lower level. Analysts noted that despite a Q2 loss, the company's operational recovery was expected in Q3. They forecasted a revenue CAGR of 11.0% and an EBITDA/PAT CAGR of 10.6% over the next three years.
Growth in the energy sector was projected to be a key driver for the bank's performance. Investors were advised to consider this stock cautiously, keeping in mind the risks involved.
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