Today’s afternoon session saw record highs for ICICI Bank shares as the market as a whole was doing well. The ICICI Bank shares reached an all-time high of Rs 900.5 on the BSE, up 2.75 percent from its previous closing of Rs 876.40. The stock had previously opened at a higher price of Rs 883.10. The wider NSE Nifty increased by 178 points or 1.01 percent to trade at 17,802 in late trades, while the 30-share BSE Sensex increased by 657 points or 1.11 percent to trade at 59,686. The Indian market looked likely to conclude in the green today after two straight sessions of losses.
The banking share has increased by 21.28 percent over the course of this year and by 24.57 percent over the past year. The share has increased 7.34% in a month. On March 7 of this year, the stock reached a 52-week low of Rs 642.
A total of 5.64 lakh shares of the bank were traded, resulting in a turnover on the BSE of Rs. 50.58 crore. Today, the bank’s market value increased to Rs 6.26 lakh crore. The increase in the banking shares follows a spectacular rally in the banking industry. The BSE Bankex soared 857 points to 46,038 at 3:03 PM.