On the sectoral front, Nifty Bank and Financial Services are dragging down the chart.
The fundraising will take place through a private placement in one or more tranches.
Markets may continue to see buying.
The bank chose TCS BaNCS for its future-proof event-based streaming architecture.
Investors with very high risk appetite and want to invest for 5 to 7 years in a silver mutual fund should invest in Mirae Asset Silver ETF.
ICICI Bank can retain a stake of more than 30% but keep it below 48.02% of the company’s paid-up capital.
ICICI Lombard shares reserved its losses after hitting 52 week low to Rs 1049 on NSE in March. However, in the last 1 month, it has gained 13%.
Sensex surges 400 points; Nifty above 18,600; all index stocks gain; Nifty Bank at record high
Nifty Metal, Nifty Bank, and Nifty Financial Services in red.
Inflation rate in the country is currently at 100%.