Updated
Updated · MarketWatch · May 11
ICICI Bank Rises 0.11% to 1,266.15 Rupees as Sensex Drops 1.70%
Updated
Updated · MarketWatch · May 11

ICICI Bank Rises 0.11% to 1,266.15 Rupees as Sensex Drops 1.70%

13 articles · Updated · MarketWatch · May 11
  • ICICI Bank shares edged up 0.11% to 1,266.15 rupees on Monday, bucking a broad market selloff and finishing ahead of most major banking peers.
  • The BSE Sensex fell 1.70% to 76,015.28, while IndusInd Bank dropped 2.99% and State Bank of India slid 4.48%; only Kotak Mahindra Bank posted a slightly larger gain of 0.14%.
  • Trading volume reached 912,801 shares, above the 50-day average of 842,917, indicating somewhat stronger activity in the stock during the weak session.
  • Even after Monday's gain, ICICI Bank remains 15.26% below its 52-week high of 1,494.10 rupees set on July 31.
ICICI Bank defied the market crash, but why are insiders selling and its US-listed shares facing a 'reduce' rating?
State Bank of India stumbled on poor results, yet ICICI Bank stood firm. What is its secret to navigating the banking crisis?
As India's rupee hits a record low and oil soars, can ICICI Bank's digital leadership shield it from the economic storm?