The Q4 results of the private banks as well as state-run lenders were mixed with net interest margins surprising positively for larger banks, but growth remaining elusive. Banks delivered a credit growth of 11% year-on-year (YoY).
ICICI Bank Share Price
ICICI Bank Jumps Most In A Week To Record
Shares of ICICI Bank jumped over 2%, most in a week, to a record Rs 936.65 apiece.
The relative strength index of the stock is at 75, suggesting it may be overbought.
The stock has outperformed the benchmark, rising 27% in 2022 so far compare to 5% rise for Sensex.
ICICI Bank Surges On Fund Raising Plans, SEBI Clarification – Gold Silver Reports
ICICI Bank Surges On Fund Raising Plans, SEBI Clarification
Jet Airways Slumps As Income Tax Department Inspects Books
Sensex, Nifty Edge Lower Dragged By HDFC, ICICI Bank
Gold Silver Reports (GSR) – Eleven out of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Finance index’s 0.4 percent drop. On the other hand, the S&P BSE Realty index was top gainer, up 0.7 percent.
Indian equity benchmarks edged lower dragged by weakness in ICICI Bank, HDFC twins and Infosys.
ICICI Bank Future Above ₹ 280 Buy 100—500 Lots, Ready For Blast – Neal Bhai Reports
Free Stock Recommendations Tips – ICICI Bank Future Above ₹ 280 Buy 100—500 Lots, Ready For Blast – Neal Bhai Reports
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
SBI Gains After Block Deal; ICICI Bank Holds Gains Amid Block Deal
Gold Silver Reports (GSR) – SBI Gains After Block Deal – Shares of the country’s largest lender rose 1.83 percent to Rs 251. The stock saw 11 shares change hands in a block deal.
ICICI Bank Share Price Hits Two-Month High On Recognising Major Stressed Assets
Gold Silver Reports (GSR) – ICICI Bank Hits Two-Month High On Recognising Major Stressed Assets – Shares of the country’s third largest lender by market cap rose as much as 7.69 percent, the most in over six months, to Rs 311.65 as cheap valuations and lower stress from bad loans was seen trumping the steepest fall in quarterly profit since 2016.