IndusInd Bank hits 17 month low; Bharat Financial touches 52-week low

IndusInd Bank slipped 5% to Rs 1,376, its lowest level since May 22, 2017, falling 32% from its record high level of Rs 2,038 touched on August 3, 2018.

Shares of IndusInd Bank and Bharat Financial Inclusion have hit their respective 52-week lows on the BSE on Monday in an otherwise firm market.

IndusInd Bank (Rs 1,376) and Bharat Financial Inclusion (Rs 844), down up to 5% each today, corrected 32% from their record high levels of Rs 2,038 and Rs 1,249, respectively, reported on August 3, 2018, on the BSE in intra-day trade. In comparison, the S&P BSE Sensex was up 0.58% or 194 points at 33,543 at 11:00 am, corrected 11% during the same period.

IndusInd Bank hit a 17-month low and was trading at