Reuters Market Eye - Technical analysts say any rally in ICICI Bank (ICBK.NS) provides an opportunity to exit the stock after the lender has made a head and shoulders technical pattern.
AK Prabhakar, an analyst at brokerage Anand Rathi, says the stock could target 860 rupees from current levels after the H&S pattern.
ICICI shares ended up 0.3 pct at 1024.30 rupees.
ICICI Bank touched a low of 866.75 rupees on October 5, when a misplaced basket trade from a broker at Emkay Global Financial Services (EMKS.NS) led to a market plunge.
Sustainability certified India tea estates violate worker rights - report
CHENNAI, India (Thomson Reuters Foundation) - Tea estates in southern India are hiring temporary workers during peak plucking season and denying these labourers basic rights as required by law, said a report released on Tuesday.
Asia stocks bounce, investors no clearer on Fed
SYDNEY Asian shares bounced modestly on Tuesday as doubts the Federal Reserve would hike interest rates next month restrained the dollar, while investors continued to count on more policy stimulus elsewhere in the world.
India's growth pace likely slowed in April-June: Reuters Poll
BENGALURU India's economic growth likely lost some momentum in the April-June quarter on cutbacks in domestic and global demand, a Reuters poll showed.