ICICI Bank

ICICI Securities delisting: ICICI Bank under fire for allegedly trying to influence I-Sec’s minority investors

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ICICI Securities delisting: ICICI Bank under fire for allegedly trying to influence I-Sec’s minority investors

Mumbai: ICICI Bank is under fire for allegedly coaxing minority shareholders of ICICI Securities (I-Sec) to support the private lender’s proposal to delist the broking and investment banking arm. Shareholders of ICICI Securities claimed on social media that the bank’s executives contacted them directly, asking them to vote in favour of the resolution that proposes … Read more

tcs mcap: Five of top 10 firms take Rs 1.97 lakh cr hit in market valuation; TCS, Infy biggest losers

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tcs mcap: Five of top 10 firms take Rs 1.97 lakh cr hit in market valuation; TCS, Infy biggest losers

The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent. The market valuation of TCS tanked … Read more

F&O stocks to buy today: 9 short-term trading ideas by experts for 20 March, 2024

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F&O stocks to buy today: 9 short-term trading ideas by experts for 20 March, 2024

Indian headline indices ended with sharp cuts on Tuesday amid selling pressure in all sectors. The worst hit were FMCG, IT and energy. While The S&P BSE Sensex settled at 72,012.05, lower by 736.37 points or 1.01%, the broader Nifty closed at 21,817.45, down by 238.25 points or 1.08%. India VIX, a measure of volatility … Read more

ril shares: Hot Stocks: Brokerage view on RIL, IOC, PCBL and ICICI Bank

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ril shares: Hot Stocks: Brokerage view on RIL, IOC, PCBL and ICICI Bank

Brokerage firm Morgan Stanley maintained an overweight rating on RIL and an overweight rating on Indian Oil Corporation (IOC). Sharekhan recommended a buy on ICICI Bank and ICICIdirect has a buy rating on PCBL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on RIL: Overweight| … Read more

PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

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PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

MUMBAI – Private banks, which have always been the favourites of institutional investors, lost the spot to public sector banks who are touching the sky riding on retail bulls. So far in 2024, all public sector banks have given double-digit returns to investors. On the contrary, private sector banks have seen single to double-digit fall … Read more

stocks to buy: F&O stocks to buy or sell today: Maruti, ICICI Bank among top 9 trading ideas for 14 March 2024

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stocks to buy: F&O stocks to buy or sell today: Maruti, ICICI Bank among top 9 trading ideas for 14 March 2024

The Indian market is likely to consolidate on Thursday tracking muted global cues. The Nifty future closed negative with losses of 1.66% at 22,073 levels on Wednesday. India VIX was up 5.79% from 13.64 to 14.43 levels. Positive setup was seen in stocks like Abbot India, ICICI Bank, and Bajaj Finance while weakness in NALCO, … Read more

F&O stocks to buy today: ICICI Bank, Indigo among top 8 trading ideas for 12 March 2024

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F&O stocks to buy today: ICICI Bank, Indigo among top 8 trading ideas for 12 March 2024

Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty50 closed below 22400 levels on Monday led by losses in banking stocks. It has formed sizeable bearish candles, indicating the possibility of consolidation within an overall uptrend. Both FIIs and DIIs were net buyers on Monday to the tune of … Read more

ICICI Securities: Retail chorus against ICICI Sec’s delisting gets louder as EGM nears

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ICICI Securities: Retail chorus against ICICI Sec’s delisting gets louder as EGM nears

Mumbai: Both the management and minority shareholders of India’s leading broking firm, ICICI Securities, are gearing up for the extraordinary general meeting (EGM) scheduled on March 27 for the firm’s delisting. At this meeting, approval for the company’s scheme of arrangements with ICICI Bank will be sought. While the company has engaged the services of … Read more

NARCL: Biggest play: NARCL offers ₹10,000 crore for JP Associates’ loans

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NARCL: Biggest play: NARCL offers ₹10,000 crore for JP Associates’ loans

National Asset Reconstruction Company of India (NARCL) has proposed to acquire the debt of Jaiprakash Associates from banks for ₹10,000 crore, making it the largest offer made so far by the government-backed asset reconstruction company (ARC) that started operations just over two years ago. If a majority of lenders sell their debt, ARC will acquire … Read more

Nifty: Nifty on a roll, could head towards 23,000: Analysts

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Nifty: Nifty on a roll, could head towards 23,000: Analysts

Technical charts indicate the market appears poised to sustain its upward momentum going ahead. Technical analysts predict Nifty is likely to advance towards 22,600, followed by 23,000, with robust support at 21,920. They suggest stocks such as Oracle Finance, HDFC Life, Marico, Pidilite, ICICI Bank, Maruti, Cipla, Sun Pharma, Larsen & Toubro, PNB, HAL, and … Read more