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Moneycontrol >> Messageboard >> Stocks >> ICICI Bank
   You are here :     Moneycontrol     MMB   Stocks   ICICI Bank

ICICI Bank

Belongs to: Banks - Private Sector
Buy, Sell or Hold? 415 comments
7 positive opinions
4 negative opinions
30 boarder queries
259 boarder tracking
Peer stocks in Banks - Private Sector sector
BSE: 532174
NSE: ICICIBANK
490.05  -14.3 (-2.84)
Volume: 9668624
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02 Oct 2008 21:29

Target 142

Posted by : devender.rv
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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Tracked by: 0 Boarder

Watch out for this level on ICICI in near term.
...

02 Oct 2008 13:12

Get out of ICICI Bank

Posted by : Guest
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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The rumours regarding ICICI Bank are all baseless. But there will not be any smoke without fire. It is a fact that they have lost due to international exposure. How much they will lose in future due to failure of some more banks we do not know. But one thing is sure. This fundamentally strong Bank share will be available in the range of Rs 350-390 in the very near future. The recent pull back is due to heavy buying by LIC and other nationalised banks prompted by MOF officials. Sell the share within the next 2-3 days when the market is expected to rally further due to passage of N-Deal and $700b package by US Senate. You can wait for a few days/weeks and buy it back again at Rs 350-390 range....

02 Oct 2008 11:40

Advice pls I am bit anxious n distressed

Posted by : libran.
Price when posted : BSE: Rs 1215.30 ( -0.50 % ), NSE: Rs. 1216.10 ( -0.58 % )
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yea true this is what i told ICICI people but they are still being dumb say as 30 sep is a bank holiday and shares will only credit on 4th and not 3rd ..what is legal stand i can take if they dont allot me shares..thanks in advance. regards...

02 Oct 2008 08:43

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : Guest
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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You are correct...People without knowledge just run on false rumors Incidents like stempede are becoming common on rumours in India...These are the people who don\\`t have even 0.1% knowledge of financial market and writes they know in and out.
ICICI bank is totally safe...as seen from it\\`s shares which zommed 10% after falling on baseless rumors...

In reply to:

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : KaiZen.

Ha Ha Ha Ha, Aare Guest Bhai, Why are you so desperate!! Don\\`t you think you are over doing it? Ha ha.

02 Oct 2008 06:45

Don\\`t believe in ICICI Bank Management

Posted by : Guest
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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As per sources ICICI Bank has total Rs.7000 Crore of losses in recent crisis. 1000 Crore in Sub-Prime, 1000 in Foreign derivative and 5000 crore in investment in lehman brothers. So don\\`t trust unhealthy bank. Their all
subsidiary are in losses. They are unable to recover loans from SME and Retail Clients. So now but in future this bank will be in very deep trouble. So it is better to withdraw all deposits from ICICI Bank. ...

02 Oct 2008 02:02

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : Guest
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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Are you trying to tell the boarders that rising price = strong fundamentals ?...

In reply to:

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : KaiZen.

ICICI Bank skyrocketed 8.4% to Rs 535 today in spite of so much negative propaganda.

01 Oct 2008 21:46

Deutsche Bank Trust Company holds 28.88

Posted by : poojadevi
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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Deutsche Bank Trust Company holds 28.88 in icici bank..amazingly the bse and nse websites shows zero for promoter shares.....

01 Oct 2008 18:12

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : KaiZen.
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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ICICI Bank skyrocketed 2.87% to Rs 550.90 today in spite of false and somewhat funny rumours. That is UP Rs 90 from yesterday’s low of 460!...

In reply to:

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : Guest

ICICI net banking not working.. getting javascript errors in IE and fire fox also has same problem. Looks like ICICI Bank stopped money tranfer temporarily.

01 Oct 2008 17:42

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : KaiZen.
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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Ha Ha Ha Ha, Aare Guest Bhai, Why are you so desperate!! Don\\`t you think you are over doing it? Ha ha....

In reply to:

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : Guest

This is election time if Bank will colpse Govt will face lot of problems. Inner side Bank have lot of problem RBI also support bank due to extranal presure anyway the bank will colpse with in couple of months or Years. Big Banks colapsed in US next trun will UK and then Asian Banks the Asian first Bank will be ICICI Bank This is right time to take money from ICICI Bank . ICICI direct also not working in peak times at the time they do manupilation and take retailar amount ... Away from ICICI Group It is under tremendersss pressure

01 Oct 2008 17:00

Positive for ICICI Bank

Posted by : JustJus
Price when posted : BSE: Rs 551.45 ( 3.10 % ), NSE: Rs. 550.90 ( 2.87 % )
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My views for ICICI would be positive even if the global markets are not strong enough.

ICICI should go strong till 640-650 levels which seem to be attainable this week itself. The reason for the fall for this stock is PANICKING and selling it at a loss.

Panic is a word which spreads faster than the fire in the Jungle.

Panic is the reason which has forcibily made our Indian markets rely wholly on the International markets.



Over the last two decades, foreign stock-market dependency has increased even as real-economy dependency has decreased.



However, do not assume that stock-market dependency means that Indian markets will always plunge along with US bourses in a US recession. The growing muscle of China and India, and their ability to grow reasonably fast even in a global recession, means that they will one day be viewed as the safe havens of the future. That is, we could see a switch of funds from the US to India in a recession. It may be premature to expect this to happen in 2008. But do not rule it out.

Developing countries have accelerated phenomenally. China and India have done exceptionally well, but so have Russia and many others in Asia, Latin America, Africa, Eastern Europe.



A halo effect is always seen in the global market whenever there is a change of 2.75% or more. Indian economy is also strong enough to be self dependant and it is we people who sell our stocks in Panic with the fear of losing more money. But the fact is when we lose money it isnt gained by anyone, but it is vanished from the Indian economy itself.

For example, I buy 'X' stock for 100 rs and global markets fall, I panic and sell it back in 80 Rs. I had a loss of 20 rs. This 20 Rs is now vanished from the Indian economy, India becomes poorer by 20 rs.



The people who lose maximum of money are the traders, but not the long term investors. The reason is quite simple, they take the stock and forget about it. As Warren Buffet has said be a Investor not a trader. He says that buy a stock and forget about it for a long...very long period and one fine day see how it grew. The current market scenario has made the Investors very fussy to buy the stocks even though most of the best company stocks are at 52 week lows.



Let us understand that it is WE who make the economy and it is WE who break it. It depends how we have to take it.



Thanks,

Jas



(Ref: ET)
...

01 Oct 2008 16:12

ICICIDIRECT IS NOT WORKING PEAK TIMES

Posted by : Guest
Price when posted : BSE: Rs 551.00 ( 3.02 % ), NSE: Rs. 549.70 ( 2.64 % )
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Inside ICICI people see custmer information and do according to that and stop the icicdirect website in peak times example if market is down if you want to buy it will not work. If market is high if you want to sell it will not work. They grab money from retailer and running the show now a days the Bank will colpase with in couple of months or years. Bank is heigh pressure take money this time if you miss you wount get any money in future. take care...

01 Oct 2008 15:59

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : Guest
Price when posted : BSE: Rs 548.80 ( 2.61 % ), NSE: Rs. 552.00 ( 3.07 % )
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Tracked by: 0 Boarder

This is election time if Bank will colpse Govt will face lot of problems. Inner side Bank have lot of problem RBI also support bank due to extranal presure anyway the bank will colpse with in couple of months or Years. Big Banks colapsed in US next trun will UK and then Asian Banks the Asian first Bank will be ICICI Bank This is right time to take money from ICICI Bank . ICICI direct also not working in peak times at the time they do manupilation and take retailar amount ... Away from ICICI Group It is under tremendersss pressure ...

In reply to:

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : KaiZen.

The bank has made a profit of Rs 4,158 crore in 2007-08 and Rs 728 crore in the first quarter of the current year. The bank has a net non performing assets at 1.5% of performing assets, which is one of the lowest in the banking industry in the country.

01 Oct 2008 15:21

Icici bank may not get more than 12 pe

Posted by : Guest
Price when posted : BSE: Rs 551.90 ( 3.19 % ), NSE: Rs. 548.20 ( 2.36 % )
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Tracked by: 1 Boarder

thanks for reply n well informed explanation...

In reply to:

Icici bank may not get more than 12 pe

Posted by : marketman

Here in your case nsdl is custodian of your shares,icici is your depository participant.... as long as icici doesnt sell your shares,your sahres will be protected in nsdl.... pl note that with icicidirect you have already given power of attorney to icici for automatic decution of shares from your demat acount for selling of your shares on the backdrop facility of 3-in-1 trade account....

There is a little chance of depository participants going for bankrupt.... pl remember even when the moratorium was there on GTB for few days,the dp services were allowed.... so evenif there is failure in the financial system(unless otherwise there is a big scam in nsdl itself),there may not be any threat to our holding of shares in demat account....

So,normally demat account holders of the banks will not be in panic like depositors/share holders when the organisations at the threshold of bankruptcy....

01 Oct 2008 15:11

buy icici after correction

Posted by : Guest
Price when posted : BSE: Rs 557.55 ( 4.24 % ), NSE: Rs. 556.30 ( 3.87 % )
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ICICI is likely to correct to 535-540 levels and then resume its uptrend. Day traders and short term traders can book profits. Positional traders stay put....

01 Oct 2008 14:41

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : Guest
Price when posted : BSE: Rs 564.00 ( 5.45 % ), NSE: Rs. 560.30 ( 4.62 % )
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Tracked by: 0 Boarder

ICICI net banking not working.. getting javascript errors in IE and fire fox also has same problem. Looks like ICICI Bank stopped money tranfer temporarily....

In reply to:

Gloom-mongers– Rumour- Mongers Bites Dust

Posted by : KaiZen.

The bank has made a profit of Rs 4,158 crore in 2007-08 and Rs 728 crore in the first quarter of the current year. The bank has a net non performing assets at 1.5% of performing assets, which is one of the lowest in the banking industry in the country.

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