ICICI Bank Slides Monday, Underperforms Competitors

Dow Jones11-02 18:32

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of ICICI Bank Ltd. inched down 0.63% to 1,385.25 Indian rupees Monday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 1.66% to 75,692.78.

ICICI Bank Ltd. closed 6.40% short of its 52-week high of 1,479.90 rupees, which the company achieved on July 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as IndusInd Bank Ltd. rose 0.06% and State Bank of India rose 2.61%. Kotak Mahindra Bank Ltd. fell 0.65%.

Trading volume totaled 254,698, compared to the 50-day average of 1.1 million.

Data source: Dow Jones Market Data, FactSet

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