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.
France's DCNS says India submarine data leak may be "economic warfare"
SYDNEY/PARIS French naval contractor DCNS said on Wednesday it may have been the victim of "economic warfare" after secrets about its Scorpene submarines being built in India were leaked.
Lumbering state companies become hot stock market bet
MUMBAI India's state-owned companies, from builders such as NBCC to oil firms such as Bharat Petroleum Corp Ltd, are attracting top investors as cheap valuations, improving earnings, and share buybacks make them stand out in an otherwise expensive market.
More U.S. retailers probing Welspun India over alleged phony Egyptian cotton
CHICAGO/NEW DELHI U.S. retailer Bed Bath & Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years.