ICICI Bank hits 52-week high before retreating; Morgan Stanley adds to focus list
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓ICICI Bank shares touched a 52-week high of ₹1,616 on Wednesday before trading at ₹1,577.70.
- ✓The stock got a boost after Morgan Stanley added the bank to its focus lists.
- ✓Investors now look forward to seven institutional events scheduled between November 16 and 19 to discuss the bank’s future growth plans.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Stock trades at ₹1,577.70 amid bullish analyst calls from Morgan Stanley and Motilal Oswal; bank to attend multiple investor events next week
Shares of ICICI Bank touched a fresh 52-week high of ₹1,616 on the NSE on Wednesday before trimming gains, trading at ₹1,577.70, down 0.71 per cent from Monday's close of ₹1,589, as of 12.43 pm. The stock opened at its intraday peak and has since pulled back, with sell orders dominating at 68.34 per cent of total order flow against 31.66 per cent on the buy side. Traded volume stood at 184.92 lakh shares, with a traded value of ₹2,959.58 crore by early afternoon. The bank's market capitalisation stood at over ₹11.33 lakh crore.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Line
Read the full, original unfiltered story directly on the publisher's portal.
This brief is for information only and is not investment advice. ArthNow is not a SEBI-registered investment adviser and does not publish buy or sell recommendations. Original reporting is credited to the publisher named above. Read our editorial policy or report an error.