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Private lender outperforms amid selective buying in banking stocks
ICICI Bank shares rose to a multi-month high as investors backed stable credit growth, asset quality improvements, and sector resilience.
ICICI Bank shares advanced and touched a multi month high despite a subdued broader market. The move to expectations of steady credit growth, improving asset quality, and resilient margins. The rally highlights continued investor preference for well-capitalised private lenders as the banking sector navigates evolving liquidity and deposit growth dynamics.