IndusInd Bank Shares Plummet 23% Amid Derivatives Portfolio Discrepancies
IndusInd Bank shares extended their losing streak for the fifth consecutive session, plunging 23% in morning trade on Tuesday, March 11, 2025. The sharp decline came after the private sector lender disclosed discrepancies in its derivatives portfolio, raising investor concerns over financial stability and risk management.
Stock Hits 52-Week Low
On the Bombay Stock Exchange (BSE), IndusInd Bank’s stock nosedived 22.8%, hitting the lower circuit at ₹695.25 per share—its lowest level in a year. Similarly, on the National Stock Exchange (NSE), the stock slumped 21.67% to a fresh 52-week low of ₹705.35 per share. The stock emerged as the biggest loser on the BSE Sensex.
Market Impact
The broader market also faced selling pressure, with the BSE Sensex dropping 255 points (0.34%) to 73,860.17 and the NSE Nifty slipping 47.65 points (0.21%) to 22,412.65. IndusInd Bank’s sharp decline significantly contributed to the negative market sentiment.
Regulatory Filing Raises Concerns
In a regulatory filing on Monday, March 10, 2025, IndusInd Bank revealed that an internal review had uncovered discrepancies in the account balances within its derivatives portfolio. The revelation has triggered uncertainty among investors, leading to a massive sell-off in the stock.
Investor Sentiment and Outlook
The steep fall in IndusInd Bank’s shares signals growing concerns over its financial reporting and internal controls. Investors will now closely watch further disclosures from the bank and any regulatory action that may follow. The coming days will be crucial in determining whether the stock stabilizes or faces further downside pressure.
