Sunday 21 September 2008

ICICI on recovery

ICICI had lost almost 22% in the last seven sessions on fear of over exposure to the foreign markets and that it could be adversely hit by the current crisis. On Friday it made an assurance that it has made all disclosures of its foreign investments. On back of Friday’s rally the share recovered almost 10%.

The stock closed 9.07 per cent higher at Rs 628.10, off the day’s high of Rs 635.

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