You can invest in ICICI Bank stocks if you open a demat account with a registered broker like Motilal Oswal. Then you will have to open a trading account linked to your demat account. Both these accounts will be linked to your bank account so money can be debited for you to buy stocks. After your accounts are up and running, you can place a buy order with your broker and buy the stocks you want. The stocks will be placed in your demat account.
The target of ICICI Bank stocks is Rs. 940 (17 April 2023).
Predicting the future stock price of a company, including ICICI Bank, is not scientific and is subject to several factors, both within the market and outside the market. Many factors impact stock prices and these include, but are not restricted to, market sentiment, financial performance of a company, inflation, competition within the industry and others.
ICICI Bank Limited stocks have given 3-year returns of 138.81%, and a 1-year return of 18.35%. The YTD (18 April 2023) returns of ICICI Bank Limited stocks is at +1.62%.
The stability of stocks is something of a puzzle as many factors determine how stable a stock may be. In consideration of whether a stock is stable or not, investors have to take several factors into account while they invest, including their financial goals.
ICICI bank is one of the leaders in the banking industry in India. As with all banking stocks, factors that influence the price of ICICI Bank Limited are those that affect the sector of banking. Some of the crucial factors are listed below:
ICICI Bank Limited stocks have given 3-year returns of 138.81%.
The banking sector in India is a dynamic and evolving one, on the path to further expansion. Having said that, investors should do their homework before investing and invest according to their time horizon and distinctive investment objectives.