Stocks

ICICI Bank scales record high

Reuters Mumbai | Updated on May 23, 2019 Published on May 23, 2019

File photo   -  Reuters

Shares of ICICI Bank Ltd gain as much as 4.65% to an all-time high of Rs 424.2.

The stock broke above a resistance at Rs 410..

The breakout suggests that the stock may test the next resistance at Rs 430.5.

The stock is up 12.6 per cent this year as of last close, outperforming Nifty’s 8.1 per cent gain in the same period.

Published on May 23, 2019
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