ICICI Bank shares surged to record high after releasing financial results, prompting brokerage firms to raise target prices. The bank s m-cap surpassed ₹8L crore, propelling Nifty Bank to a record high.
ICICI Bank Q3 results today are expected to show solid loan book growth and robust retail franchises, although experts anticipate further compression in NIMs during the October to December 2023 quarter
Stocks to watch on August 9, 2023: Indian stock market is likely to consolidate, while Interest sensitive sectors are likely to be in focus in near-term. Tata Power, Coal India, Adani Ports, ICICI Bank, IRCTC, Bharat Forge are among stocks to watch on Wednesday.
Hot stocks today: Benchmark indices opened higher on Tuesday. Adani Enterprises, Mazagon Dock, Reliance Industries, Brightcom Group among hot stocks on July 18, 2023.