Indian Bank sees bullish trading, up 12% in two days

Kolte-Patil Developers

14/12/2022 09:23

** Shares of Indian Bank  INBA.NS  witness second most
active trading session since Nov. 7
    ** About 6.67 million shares change hands in the day's
session, as of 02:30 p.m IST, well above the 30-day avg of 2.93
mln shares, only next to Tuesday's trading volume of 12.23 mln; 
About 7.73 mln shares changed hands on Nov.7
    ** Stock up 12% in the last two sessions, trading above
50-day, 100-day, 200-day exponential as well as simple moving
averages, indicating bullish momentum
    ** The stock is among the top gainers in Nifty MidCap 100
index  .NIFMDCP100 
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))