Indorse Token USD Price & Performance (INDUSD)

IndusInd Bank's shares dropped significantly after revealing discrepancies in its derivatives portfolio, potentially impacting profits by ₹1,500 crore. Analysts cite concerns over internal controls and governance. The bank has initiated an external review to address these issues, which have sparked a bearish sentiment among investors.12

Elon Musk's Starlink has entered the Indian market, unsettling competitors like Indus Towers. The announcement caused an 8% drop in Indus Towers' stock. With partnerships forming between Starlink and major players like Jio, the competitive landscape for satellite internet services in India is intensifying.34

Indian stock indices ended flat as losses in banking and IT sectors, including IndusInd Bank, offset gains elsewhere. Global market volatility, fueled by U.S. economic uncertainty and tariff policies, continues to weigh on investor sentiment. Broader markets showed mixed performance, with midcaps rising and smallcaps falling.56