Sensex, Nifty climb on stimulus hopes, surge in banks and IT firms [Reuters]
ICICI Bank Limited (IBN)
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Source: Reuters
Banks, IT stocks buoy Nifty, Sensex as stimulus hopes support BENGALURU (Reuters) - Indian shares rose in line with Asian markets on Thursday as oil prices recovered from a collapse earlier in the week, while hopes of a new stimulus package to mitigate the economic damage caused by the coronavirus outbreak lifted sentiment. The NSE Nifty 50 index advanced 0.75% to 9,255.65 by 0542 GMT, while the benchmark S&P BSE Sensex gained 0.65% to 31,584.47. IT and financial stocks led the gains in Mumbai, with Tata Consultancy Services Ltd rising for a second straight day, up about 3.3%. Private-sector lender Kotak Mahindra Bank Ltd climbed 4.6%, while larger rival ICICI Bank Ltd gained 2.7%. Asian markets rose after Wall Street ended higher as oil prices rebounded and the U.S. Senate approved nearly $500 billion more in aid to help small businesses weather the health crisis. [MKTS/GLOB] Hopes of new measures to jump-start growth buoyed domestic market sentiment, even as a senior minister said a
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News
- Macquarie Systematic Emerging Markets Equity Fund Q3 2025 Commentary [Seeking Alpha]Seeking Alpha
- Low-cost bank accounts available at 14 banks [Investment Executive - News]Investment Executive - News
- ICICI Bank (NYSE:IBN) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=IBN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
- ICICI Bank: Growth Outlook Improving Despite Recent Slowdown, Rating Upgrade [Seeking Alpha]Seeking Alpha
- ICICI Bank (NYSE:IBN) is now covered by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>. They set a "hold (c+)" rating on the stock.MarketBeat
IBN
Sec Filings
- 12/3/25 - Form 6-K
- 12/1/25 - Form 6-K
- 12/1/25 - Form 6-K
- IBN's page on the SEC website