ICICI Bank hits all-time high on hopes of strong Q3 numbers

The stock hit a record high of Rs 375.40, up 2 per cent on the BSE, surpassing its previous high of Rs 375.25 touched on November 16, 2018, in an otherwise subdued market on Tuesday.

Shares of ICICI Bank hit a record high of Rs 375.40 apiece on BSE, up 2 per cent in the intra-day trade on Tuesday.

The stock surpassed its previous high of Rs 375.25 touched on November 16, 2018, in an otherwise subdued market today.

During the past four weeks, the stock of private sector lender has outperformed the market by surging 9.5 per cent on hopes of strong earnings in October-December quarter (Q3FY19). In comparison, the S&P BSE Sensex gave 2 per cent return during the same period.

Analysts expect ICICI Bank to report strong results for