ICICI Bank shares soar 5 per cent

Update: 2018-08-10 05:30 IST

New Delhi: ICICI Bank shares soared nearly 9 per cent in intra-day trade on Thursday after the company denied media reports alleging covering up of bad loans. The stock jumped 8.57 per cent to Rs 345.50 in intra-day on BSE. It finally ended at Rs 332.95, up 4.64 per cent on BSE. 

The Bank was the top gainer among the BSE 30-share blue chip basket. On NSE, shares of the company gained 4.17 per cent to close at Rs 332. During the day, the company's scrip surged 8.51 per cent to Rs 345.85. Led by the smart jump in the stock price, the company's market valuation zoomed Rs 9,519.24 crore to Rs 2,14,176.24 crore on BSE.

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