The share price of ICICI Bank Ltd. hit the Rs 1,000 mark on the NSE for the first time on Friday.
The stock rose 0.46% to Rs 1,000.1 apiece, as compared with a 0.84% fall in the NSE Nifty 50 as of 1:51 p.m. The stock rose 0.53% intraday to hit Rs 1,000.85, at its highest ever level.
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The average traded volume so far in the day stood at 0.73 times its monthly average, while the relative strength index was at 77, indicating the stock may be overbought.
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Nifty Bank also rose 0.4% to a new high of Rs 46,369.5.
Of the 49 analysts tracking the company, 47 maintain a 'buy' rating, and two suggest a 'hold', according to Bloomberg data. The average 12-month consensus price target implies a potential upside of 12.9%.
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