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Shares of IndusInd Bank Ltd gained as much as 2.1 per cent to Rs 1,718 on Friday,their highest since September 28, 2018
The stock broke above a resistance at Rs 1,685.55.
The breakout is supported by volume as the five-day average volume is about 126 per cent higher than the 30-day average volume.
The stock was up 10.9 per cent in the last one month, as of Thursday's close, outperforming the broader Nifty gains of 5.6 per cent in the same period.
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