The Curious Case of IndusInd Bank – What’s really happening?

[neha1101]

The Curious Case of IndusInd Bank

There is a stock in Nifty50 Index named IndusInd bank… This stock has retraced from its all time high which was 2000+ to around 1000+. This is a phenomenal fall of around 50%. Given the fact that it is a Nifty50 stock what do you guys think? My thought process is that in the next Index Rebalancing this stock might get excluded from Nifty50. Or is it a good time to start accumulating. [INDUSINDBK_2024-11-04_17-33-28]