Shares of ICICI Prudential Life Insurance Company plummeted 6.74 per cent to hit a low of Rs 553.15. Analysts largely have price targets in the range of Rs 590-700 for this stock.
Apart from Tata Consumer, Tata Consultancy Services (TCS), Titan, Tata Motors, Tata Steel, and Trent have crossed the market cap of Rs 1 lakh crore. Earlier in December, Trent had become the fifth listed company of the Tata Group to achieve this feat.
Technically, the stock s day RSI (14) is at 64.6. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. MACD is at -0.6, which is above its center and signal line, this is a bullish indicator.