MARKET EYE-India's ICICI Bank may target 860 rupees-analyst
* Technical analysts say any rally in ICICI Bank provides an opportunity to exit the stock after the lender has made a head and shoulders technical pattern. * AK Prabhakar, an analyst at brokerage AnandRathi, says the stock could target 860 rupees from current levels after the H&S pattern. * ICICI shares last down 0.1 percent at 1020.30 rupees. * ICICI Bank touched a low of 866.75 rupees on Oct. 5, when a misplaced basket trade from a broker at Emkay Global Financial Services led to a market plunge. (firstname.lastname@example.org)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies. Full Article | Slideshow