ICICI Bank Limited (IBN) Shares are Down -1.87%

ICICI Bank Limited (IBN) : During the past 4 weeks, traders have been relatively bearish on ICICI Bank Limited (IBN), hence the stock is down -2.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.22% relative to the S&P 500. The 4-week change in the price of the stock is -3.03% and the stock has fallen -1.87% in the past 1 week.

For this week, the average consensus of the company shares are rated as a Strong Buy. The stock has recorded a twenty day Moving Average of 0.37% and the fifty day Moving Average is 0.91%. ICICI Bank Ltd. is up 4.52% in the last three month period. Year-to-Date the stock performance stands at -4.16%.


ICICI Bank Limited (NYSE:IBN): On Fridays trading session , Opening price of the stock was $7.33 with an intraday high of $7.42. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.26. However, the stock managed to close at $7.35, a loss of 0.14% for the day. On the previous day, the stock had closed at $7.36. The total traded volume of the day was 6,658,260 shares.

ICICI Bank Limited is a banking company. The Bank is a financial services group providing a range of banking and financial services including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. Its operating segments include Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance and Others. Retail banking includes exposures of the Bank, which satisfy the criteria of orientation, product, granularity and low value of individual exposures for retail exposures laid down in Basel Committee on Banking Supervision document International Convergence of Capital Measurement and Capital Standards: A Revised Framework. Wholesale banking includes all advances of the Bank to trusts, partnership firms, companies and statutory bodies. Treasury includes the entire investment and derivative portfolio of the Bank.

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