ICICI Bank lost 2.16% to Rs 1059.25 at 10:46 IST on BSE, with the stock sliding on profit booking after recent gains.
Meanwhile, the S&P BSE Sensex was down 79.02 points or 0.38% at 20,811.80.
On BSE, 41,000 shares were traded in the counter as against average daily volume of 3.22 lakh shares in the past two weeks.
The stock hit a high of Rs 1080 and a low of Rs 1057.20 so far during the day.
Shares of ICICI Bank had risen 6.92% in four trading sessions to settle at Rs 1,082.60 on Tuesday, 19 November 2013, from a recent low of Rs 1012.45 on 12 November 2013.
ICICI Bank on Monday, 18 November 2013, said that the bank acting through its Dubai branch, priced an issuance of 5.5 year fixed rate notes of an aggregate principal amount of $750 million. The notes were sold under the Rule 144A/Reg S format. The notes carry a coupon of 4.8% and were offered at an issue price of 99.609. The announcement was made after market hours on Monday, 18 November 2013.
ICICI Bank's net profit rose 20.2% to Rs 2352.05 crore on 7.5% growth in total income to Rs 12979.75 crore in Q2 September 2013 over Q2 September 2012.
ICICI Bank is a leading private sector bank in India.
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