ICICI Bank Ltd. Hits Intraday Low Amid Price Pressure on 19 Jan 2026

Intraday Performance and Price Movements

On 19 Jan 2026, ICICI Bank Ltd., a leading private sector bank, saw its share price fall by 3.11% during the trading session, closing near its day’s low. The stock’s intraday low of Rs 1,371.85 represented a decline of 2.82% from the previous close. This drop was sharper than the sector’s performance, with the bank underperforming the private sector banking segment by 2.44% on the day.

The stock has been on a downward trajectory for three consecutive sessions, cumulatively losing 4.11% over this period. Today’s trading was marked by high volatility, with an intraday volatility measure of 74.88% calculated from the weighted average price, indicating significant price fluctuations within the session.

Technical Positioning and Moving Averages

From a technical perspective, ICICI Bank’s share price remains above its 20-day and 50-day moving averages, suggesting some medium-term support. However, it is trading below its 5-day, 100-day, and 200-day moving averages, signalling short-term pressure and a cautious outlook among traders. This mixed technical picture reflects the stock’s struggle to maintain momentum amid prevailing market conditions.

Market Context and Broader Indices

The decline in ICICI Bank’s share price occurred against a backdrop of negative market sentiment. The Sensex opened flat but soon turned negative, falling by 322.04 points or 0.48% to close at 83,172.45. This level remains 3.59% below its 52-week high of 86,159.02. The benchmark index has been on a three-week losing streak, shedding 3.02% over this period.

Technically, the Sensex is trading below its 50-day moving average, although the 50-day average itself remains above the 200-day moving average, indicating a longer-term uptrend that is currently under pressure. The broader market weakness has contributed to the selling pressure on ICICI Bank shares, which have declined more sharply than the Sensex, falling 3.06% today compared to the index’s 0.49% drop.

Relative Performance Over Various Timeframes

Examining ICICI Bank’s performance over different time horizons reveals a mixed picture. Year-to-date, the stock has gained 1.90%, outperforming the Sensex’s decline of 2.42%. Over the past year, ICICI Bank has delivered a robust 11.62% return, surpassing the Sensex’s 8.54% gain. However, in the short term, the stock has underperformed; it has lost 3.17% over the past week versus the Sensex’s 0.86% decline, and over three months, it has fallen 4.75% compared to the Sensex’s 0.94% drop.

Longer-term returns remain strong, with the stock appreciating 57.96% over three years, 150.49% over five years, and an impressive 557.88% over ten years, significantly outpacing the Sensex’s respective gains of 36.64%, 68.34%, and 239.71%.

Mojo Score and Analyst Ratings

ICICI Bank currently holds a Mojo Score of 57.0, categorised as a Hold rating. This represents an improvement from its previous Sell grade, which was changed on 5 Jan 2026. Despite the recent price weakness, the stock’s market capitalisation grade remains at 1, indicating a large-cap status with significant market presence.

Volatility and Investor Sentiment

The heightened intraday volatility of 74.88% reflects increased uncertainty and active trading in ICICI Bank shares. This volatility, combined with the stock’s recent three-day decline, suggests that investors are responding to immediate pressures in the banking sector and broader market environment. The stock’s inability to sustain levels above its short-term moving averages points to cautious sentiment prevailing among market participants.

While the Sensex and sector indices have shown some resilience over longer periods, the current market phase is characterised by profit-taking and selective selling, which has weighed on ICICI Bank’s intraday performance. The stock’s relative underperformance today highlights the sensitivity of private sector banks to shifts in market dynamics and investor risk appetite.

Summary of Key Metrics

To summarise, ICICI Bank’s share price today:

• Touched an intraday low of Rs 1,371.85, down 2.82%


• Closed with a day change of -3.11%


• Underperformed the private sector banking sector by 2.44%


• Experienced high intraday volatility of 74.88%


• Remains above 20-day and 50-day moving averages but below 5-day, 100-day, and 200-day averages


• Has declined for three consecutive sessions, losing 4.11% in total

These figures underscore the immediate price pressure and cautious market sentiment surrounding ICICI Bank Ltd. amid a broadly negative market environment.

Conclusion

ICICI Bank Ltd.’s intraday low and overall decline today reflect a combination of sector-specific pressures and broader market weakness. The stock’s technical positioning and recent performance trends indicate a phase of consolidation and volatility. While the bank’s longer-term fundamentals remain intact, the current market conditions have led to increased selling pressure and a cautious stance among investors.

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