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IndusInd Bank Eyes Strategic Partner Buzz Sparks 3% Jump; Lender Denies Talks
IndusInd Bank spikes 3% on strategic‑partner rumours, but refutes any such talks.
Shares of IndusInd Bank rose about 3% on December 4 after reports claimed its promoter group was seeking a strategic minority investor for the bank. The stock climbed to around ₹873, its highest in weeks. However, the bank quickly clarified that no such discussions are underway, calling the reports unfounded. The surge reflects market sensitivity to potential capital infusion, even as the lender rules out any immediate such move.