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IndusInd Bank falls 8% after UBS downgrades rating to 'sell', cuts target price

Updated : June 13, 2019 12:05 PM IST

IndusInd Bank fell nearly 6 percent after UBS downgraded the stock to 'sell' from 'neutral'.
The brokerage also reduced its target price to Rs 1,400 per share from Rs 1,700 earlier.
The stock fell as much as 5.8 percent to Rs 1,476.45 per share on BSE in intra-day trade.
IndusInd Bank falls 8% after UBS downgrades rating to 'sell', cuts target price

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