ICICI Bank dips 2% in an otherwise firm market post March quarter results

Shares of ICICI Bank slipped 2 per cent to Rs 330.ninety apiece on the BSE on Monday right after the private sector financial institution noted an 82 per cent leap in pre-tax financial gain and a 26 per cent increase in web financial gain in the March quarter (Q4FY20), missing Road estimates on the again of larger provisioning for the coronavirus pandemic.

The inventory opened 2 per cent larger at Rs 345 on the BSE, but erased gains later on. In comparison, the S&P BSE Sensex was up one.4 per cent or 453 points at 32,095.

In the past on

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