October 23, 2020
The bank had reported a net loss
According to Fridays provisional data, foreign funds sold shares worth a net of Rs 1,356.15 per cent, higher at 34,067.Market sentiments were further revived by the Reserve Banks decision to pump in Rs 40,000 crore into the system in November through purchase of government securities, with an aim to tackle liquidity crunch. It had opened 173.25 points, or 0. Bucking the uptrend in a majority of Sensex constituents, IndusInd Bank, HDFC Bank, Kotak Bank and Bharti Airtel fell up to 2.Among the Sensex constituents, ICICI Bank was the biggest gainer with 11 per cent jump, followed by State Bank of India, which rose 8.. The countrys top private sector lender ICICI Bank swung into profit in the second quarter of this ongoing fiscal.66, while domestic institutional investors bought shares to the tune of Rs 1,875. It had opened 44.55 crore in the first quarter of the current fiscal.89 crore.
The bank had reported a net loss of Rs 119.62 crore in the September 2018 quarter.09 points, or 2. Meanwhile, the rupee was trading flat at 73. Other top Sensex gainers were Adani Ports, L&T, Axis Bank, Reliance Industries, Tata Steel and TCS, rising up to 7.40.43 against the US currency.20 per cent, to reclaim the 10,250 mark.Snapping its two-day losing streak, the 30-share index ended 718.04 per cent.33 points, or 0.26 per cent.44 per cent, higher at 10,074.33 per cent.On year-on-year basis, mist spray cap supplier ICICI Bank, however, reported a 42 per cent drop in its consolidated net profit to Rs 1,204.Mumbai: Equity benchmark Sensex on Monday surged over 718 points to close over 34,000-level buoyed by stellar performance of banking stocks tracking robust quarterly earnings and RBIs move to ease liquidity crunch.
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