ICICI Bank hits two-week high; stock up 11% in 6 days

The stock was up 3.7% to Rs 291 on the BSE in early morning trade on Tuesday, gaining 11% in past six trading sessions

ICICI Bank was up 3.7% to Rs 291 on the BSE in early morning trade on Tuesday, gaining 11% in past six trading sessions. On comparison, the S&P BSE Sensex was up 2% during the same period. The stock was trading at its highest level since March 21, 2018.

Shares of the private sector bank hit a low of Rs 262 on April 2, 2018, falling 14% from its recent high of Rs 306 on March 14, amid controversy over the alleged conflict of interest and quid pro quo involving its CEO Chanda Kochhar and her family members in