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The threat to the bulls is likely to come from the FIIs who have turned into sustained sellers, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"From 2.5x, we have revised upwards the standalone entity to 2.7x”

ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.

The stock quoted a 52-week high of Rs 1674.0 and a 52-week low of Rs 1212.0.

Globally, the spot gold was little changed at $1,792.95 per ounce while the US gold futures fell 0.1 per cent to $1,793.70.

The Nifty Realty index was trading 2.87 per cent down at 495.95.

A total of 12,989 shares changed hands on the counter till 10:51AM (IST).

“At net NPAs below 1%, the valuation gap should keep on reducing between ICICI Bank and the other banks like HDFC Bank or Kotak Bank.”

Promoters held 51.5 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 7.21 per cent and 3.92 per cent, respectively.

The 30-share BSE Sensex was up 57.62 points at 60879.24