ICICI Bank hits record high of Rs 388; up 11% thus far in March

Shares of ICICI Bank hit a record high of Rs 388, up 3 per cent, on the National Stock Exchange (NSE) in intra-day trade on Tuesday.

The stock surpassed its previous high of Rs 383 touched on January 9, 2019 in intra-day trade. The counter has seen huge volumes with a combined 12.31 million equity shares changing hands in first hour of trading on the NSE and BSE.

In the first seven trading days of March, ICICI Bank has outperformed the market by gaining 11 per cent. In comparison, the benchmark Nifty 50 index has moved 4 per cent north