Ashish Karn
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If you are planning to invest in the Share Market, then this news is beneficial for you. Actually, experts are looking very excited about a banking share and are advising investors to buy. This is the stock of ICICI Bank… From Jefferies to Morgan Stanley have expressed confidence in it.
Experts are giving Buy rating
According to most market experts who closely monitor the Stock Market, if you have ICICI Bank Share in your portfolio, then it can prove to be a profitable deal for you. In the coming days, it can make investors rich by making a big jump. In such a situation, experts are advising to buy it. At the same time, this stock is already in the portfolio of investors, it is seen saying to keep it on hold.
Share close to all time high
On Monday, the first trading day of the week, at the end of trading in the stock market, ICICI Bank shares closed at Rs 933.90, up 0.35 per cent. Significantly, the record high of this stock is Rs 958 and experts expect it to cross this level soon. Bullish brokerage has given Buy rating to this stock.
Shares of ICICI Bank were in focus today after global research firm Morgan Stanley retained the private sector lender as one of its top picks with a target price of Rs 1,250 per share.
Read at 👇https://t.co/dISzJD1UZq#ICICIBank
— Moneycontrol (@moneycontrolcom) December 5, 2022
target price of Rs 115
Brokerage houses have given a Buy rating on ICICI Bank shares with a target price of Rs 1,115. According to Morgan Stanley, ICICI Bank shares are in good condition. Nuwama Institutional Equities said macro tailwinds and strong execution makes this banking stock a winner. Whereas Jefferies has said that ICICI Bank is in our top selection. Despite no path to near-term earnings, its growth is going to be good. Kotak Institutional Equities said it has maintained its target price on the stock at Rs 1,070.
stock market closed on red mark
The stock market started with a decline on Monday. After fluctuating trading throughout the day, the 30-share BSE Sensex finally closed at 62,834.60 points, down 33.9 points, or 0.05 per cent. While the NSE Nifty closed at the level of 18,701.05, down 4.95 points i.e. 0.03 per cent. During the first day’s trading, the Sensex dived up to 360.62 points.
(Note: Take the help of a financial advisor before investing in the stock market)
