ICICI Bank Achieves New All-Time High Amid Declining Investor Participation

ICICI Bank Ltd., a prominent player in the private sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 3,083,019 shares and a total traded value of approximately Rs 450.85 crores. The stock opened at Rs 1,458.0 and reached a day high of Rs 1,471.6, marking a new 52-week and all-time high. The last traded price stands at Rs 1,458.5, reflecting a 0.61% increase for the day, outperforming the sector's return of 0.21% and the Sensex's return of 0.56%.
ICICI Bank has shown consistent performance, gaining for the last two days with a total return of 1.07% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 26.96% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 21.08 crores, based on 2% of the 5-day average traded value. Overall, ICICI Bank continues to demonstrate robust performance metrics within the large-cap market segment.