1 week ago

ICICI Bank Shares Rise as Banking Stocks Recover

ICICI Bank Shares Rise as Banking Stocks Recover
ICICI Bank shares rise as Bank Nifty gap-up lifts private bank stocks · thehindubusinessline.com

ICICI Bank’s share price moved slightly higher on Thursday.

It rose by ₹5.50 to ₹1,407.50.

Other banking shares also recovered, helping ICICI Bank.

The Bank Nifty index started the day much higher than its previous close.

More shares were traded than on Wednesday, showing increased market activity.

Most of the traded shares were marked for delivery, rather than only for same-day trading.

ICICI Bank has performed better than the Nifty 50 so far this year.

Analysts were still watching important support and resistance levels for Bank Nifty.

Key facts

Share price
₹1,407.50 at 12:06 pm, up ₹5.50 or 0.39%
Opening price
₹1,407.80
Intraday range
₹1,403.30 to ₹1,413
Trading volume
34.04 lakh shares by midday
Deliverable quantity
73.90% of traded quantity
Market capitalisation
Approximately ₹10.10 lakh crore
Year-to-date performance
ICICI Bank gained 5.16%, while the Nifty 50 declined 7.39%

Sources

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