ICICI Bankicici-bank14030056Smart buying saw the shares of ICICI Bank Ltd. witnessing a surge of 3.02 per cent in the early trade on the Bombay Stock Exchange. Broder market support and RBI governor's comments that monetary policy might start reversing soon led to the hefty buying by the investors.
In a similar fashion, shares of the company were trading at Rs 20.90, up 3.00 per cent on the National Stock Exchange.
Meanwhile, the broader benchmark Sensex was quoting at 15,768. 10, up 249.18 points or 1.62 per cent at 10:27 hours.
ICICI Bank is India's second-largest bank offering a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels. It has many subsidiaries specialized in the areas of investment banking, life and non-life insurance, venture capital and asset management.
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