Large Inflow of Money Witnessed in ICICI Bank Limited

Shares of ICICI Bank Limited (NYSE:IBN) saw an erosion of -0.02 points in recent session. During the trading, the value of each share was $7.12, dropping -0.28%. The shares saw high fund-flow as the composite value of all the upticks was $10.71 million and the total value of all the downticks was a mere $7.92 million. The net money flow was seen at $2.79 million and the up/down ratio was measured at 1.35. On a weekly basis the shares of the shares have recorded a change of -0.97%.The block trade which occurred today had $6.54 million in upticks and $2.91 million in downticks with the up/down ratio climbing to 2.25. $3.63 million was the net money flow of the block transaction.


The stock has recorded a 20-day Moving Average of 0.27% and the 50-Day Moving Average is 1.95%. The company shares have dropped 31.28% in the past 52 Weeks. On July 13, 2015 The shares registered one year high of $10.62 and one year low was seen on February 25, 2016 at $5.15. The 50-day moving average is $7 and the 200 day moving average is recorded at $6.88. S&P 500 has rallied 1.93% during the last 52-weeks.

ICICI Bank Limited (NYSE:IBN): The stock opened at $7.10 on Tuesday but the bulls could not build on the opening and the stock topped out at $7.17 for the day. The stock traded down to $7.06 during the day, due to lack of any buying support eventually closed down at $7.12 with a loss of -0.28% for the day. The stock had closed at $7.14 on the previous day. The total traded volume was 10,287,507 shares.

Institutional Investors own 21.9% of ICICI Bank Limited 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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