IndusInd Bank gains on limited impact from accounting lapse

IndusInd Bank's shares rose as much as 4.2% on Wednesday, a day after the private lender said it would take a smaller-than-expected hit to its net worth after an external review of previously reported accounting discrepancies. IndusInd was the top gainer on India's benchmark Nifty 50 index, which was muted, and the banking index, which rose 0.6%.