ICICI Bank saw its market value rise by Rs 24,411.6 crore during the trading session, taking its market capitalization to $105.55 billion or Rs 8.81 lakh crore.
This achievement puts ICICI Bank at par with industry giants like Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel and others.
Shares of ICICI Bank closed 2.9 per cent higher at Rs 1,204.
According to the latest research note from Motilal Oswal, ICICI Bank is expected to maintain strong loan growth while focusing on quality underwriting.
The bank's asset quality remains resilient and credit costs are expected to gradually normalize.
The Indian stock market closed at an all-time high, with the Banknifty index moving above the 52,000 resistance level for the first time. According to market analysts, Banknifty is trading with strong bullish momentum with higher highs and higher lows on the daily chart.
This achievement puts ICICI Bank at par with industry giants like Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel and others.
Shares of ICICI Bank closed 2.9 per cent higher at Rs 1,204.
According to the latest research note from Motilal Oswal, ICICI Bank is expected to maintain strong loan growth while focusing on quality underwriting.
The bank's asset quality remains resilient and credit costs are expected to gradually normalize.
The Indian stock market closed at an all-time high, with the Banknifty index moving above the 52,000 resistance level for the first time. According to market analysts, Banknifty is trading with strong bullish momentum with higher highs and higher lows on the daily chart.
