Sensex, Nifty live updates on 16 January 2026: The short-term outlook for IndusInd Bank is bullish. The 3.8 per cent rise on Wednesday confirms the breakout of a key resistance level of ₹900. It also indicates that the upmove in the stock could be gaining momentum. The region between ₹900 and ₹890 is a strong support zone. This support can limit the downside if there is any intermediate dip from here. The IndusInd Bank share price has the potential to target ₹1,000-1,010 on the upside in the coming weeks.