India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look
According to the technical analyst from Anand Rathi, after Monday's movement ICICI Bank also looks good on chart for an upside target of Rs 840
Here's a list of stocks recommended by top brokerage and research firms that can help you build your portfolio this Diwali
ICICI Bank is the only firm among market leaders to improve valuation last week; Reliance continues as India's most valued company.
ICICI Bank is trading firmly in overbought condition, while Hindustan Unilever is still not showing signs of any reversal depsite trading in oversold territory
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In Q2, ICICI Bank reported a 30 per cent year-on-year jump in net profit aided by robust net interest income and other income as well as lower provisions.
Most analysts are very optimistic, and believe it is the best pick among private banks
The country's largest private lender HDFC Bank had the highest share in restructuring at Rs 17,395 crore, followed by another private lender ICICI Bank at Rs 4,156 crore
Shares of ICICI Bank on Monday jumped over 11 per cent after the company reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore in the September quarter. The stock jumped 10.80 per cent to close at Rs 841.05 on BSE. During the day, it zoomed 13.25 per cent to its record high of Rs 859.70. On NSE, it gained 11.51 per cent to settle at Rs 846.75. The company's market valuation rallied by Rs 56,959.85 crore to Rs 5,83,350.85 on BSE. ICICI Bank was the biggest gainer in the Sensex pack. In volume terms, 27.87 lakh shares were traded on BSE and over 9.61 crore shares on NSE. ICICI Bank on Saturday reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore for September quarter 2021-22 on the back of healthy loan growth across verticals, aided by fall in bad loans. The lender had posted a standalone net profit of Rs 4,251 crore in the year-ago period. "This would be the highest net profit ever...our capital is growing, the economy is gr
Stock market LIVE: The Bank Nifty ended 2 per cent higher at fresh record highs, while the broader indices - both BSE Mdicap and Smallcap declined around 1.7 per cent each
Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level
The markets are likely to react to Reliance and ICICI Bank results at the opening bell today
This is not the first time the bank has repatriated capital from its foreign arms
Asset quality of the lender improves; net interest margin rises to 4%
Net interest income increases by 25% year-on-year; asset quality improves
Stock market LIVE: Financial shares helped limit the losses, while IT, metal and FMCG shares weighed on the benchmark indices; Midcap, Smallcap indices decline over a per cent each
State-run PSU banks are likely to be in focus today as government plans to shore up capital requirement in Q2; Focus will also be on other corporate results
In absolute terms, the NII may come in the range of Rs 10,711.9 crore to Rs 11,389 crore, say analysts
Leading the gainers' chart, HDFC Bank's valuation jumped Rs 46,348 cr to Rs 9.3 trn