Gold Silver Reports (GSR) – The private lender named Sandeep Bakhshi as its chief operating officer for five years, according to a bank statement filed with the stock exchanges after a day-long board meeting. Bakhshi, currently COO designate, will take over as COO on June 19 or on receiving regulatory and other approvals, whichever is later.
ICICI Bank
Finally, Chanda Kochhar Did What She Should Have Done Earlier
Gold Silver Reports (GSR) – Finally, Chanda Kochhar Did What She Should Have Done Earlier — On 1 June, reacting to a Mint report that the independent directors of ICICI Bank Ltd asked managing director and chief executive officer (CEO) Chanda Kochhar to go on leave till a probe into her conduct by an independent agency is complete, the bank’s stock rose nearly 5%. The probe was announced following a whistleblower’s complaint on her alleged misconduct. After the bank denied the report and said she was on her planned annual leave, shares surrendered most of the gains.
Markets Won’t Be Very Strong For Next 12 Months: Shiv Puri
Gold Silver Reports (GSR) – Markets Won’t Be Very Strong For Next 12 Months: Shiv Puri – Over next 12 months there is nothing much to expect from markets, Shiv Puri founder and managing director of TVF Capital Advisors told in an interview.
ICICI Bank In-The-Money Call Options More Than Double
Gold Silver Reports (GSR) – ICICI Bank In-The-Money Call Options More Than Double – Premiums on in-the-money strike price call option contracts of ICICI Bank surged more than 100 percent.
📌 Premium on ICICI Bank 290 call rose 99 percent to Rs 26.20
📌 Premium on ICICI Bank 300 call rose 111 percent to Rs 18.70
📌 Premium on ICICI Bank 310 call surged 127 percent to Rs 12.50
📌 Premium on ICICI Bank 320 call surged 128 percent to Rs 7.75
ICICI Bank Share Price Hits Two-Month High On Recognising Major Stressed Assets
Gold Silver Reports (GSR) – ICICI Bank Hits Two-Month High On Recognising Major Stressed Assets – Shares of the country’s third largest lender by market cap rose as much as 7.69 percent, the most in over six months, to Rs 311.65 as cheap valuations and lower stress from bad loans was seen trumping the steepest fall in quarterly profit since 2016.
![Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]](https://www.goldsilverreports.com/wp-content/uploads/2018/04/nifty-50-stock-of-the-nationx11s@goldsilverreports-GSR.jpg)
Stocks To Watch: ICICI Bank, Lupin, Tata Metaliks, Trident
Gold Silver Reports (GSR) – Stocks To Watch: ICICI Bank, Lupin, Tata Metaliks, Trident – The S&P BSE Sensex rose 0.84 percent or 292.76 points to 35,208.14 and the NSE Nifty 50 index climbed 0.92 percent or 97.25 points to 10,715.50.
Sensex, Nifty Trade Firmly Higher Led By ICICI Bank
Gold Silver Reports (GSR) – Sensex, Nifty Trade Firmly Higher Led By ICICI Bank – ✅ Indian equity benchmarks traded firmly higher led by ICICI Bank which rose ahead of its March quarter earnings.
✅ The S&P BSE Sensex rose 0.3 percent or 103 points to 35,016 and the NSE Nifty 50 index gained 0.3 percent or 33 points to 10,651.
✅ Sixteen out of 19 sector gauges compiled by BSE were trading higher led by the S&P BSE Consumer Durable index’s 1.6 percent gain. On the flipside, the S&P BSE Healthcare index was the top sectoral loser, down 0.9 percent.
ICICI Bank Share Price Rises Ahead Of March Quarter Earnings
Gold Silver Reports (GSR) – ICICI Bank Rises Ahead Of March Quarter Earnings – Shares of the country’s third largest private sector lender by market cap rose 0.6 percent to Rs 284.50 ahead of its March quarter earnings. –
Stocks To Watch: Fortis Healthcare, ICICI Bank, NHPC, Bodal Chemicals
Gold Silver Reports (GSR) – Stocks To Watch: Fortis Healthcare, ICICI Bank, NHPC, Bodal Chemicals – The dollar drifted from a recent high. Equity benchmarks in Japan fluctuated and gained in Australia. Hong Kong futures climbed alongside S&P 500 Index futures. The MSCI Asia Pacific declined for a second consecutive week last week.
ICICI Prudential Gains As Brokerages Maintain Positive Stance Post Q4
Gold Silver Reports (GSR) – ICICI Prudential Gains As Brokerages Maintain Positive Stance Post Q4 – Shares of the private life insurance company rose as much as 4.9 percent to three-month high of Rs 438.60. International brokerage Citi revised its recommendations and target price after the company announced its fourth quarter results.