ICICI Bank Ltd shares fell 1.6% to ₹1,355.30 on the NSE, reflecting investor caution following weaker-than-expected Q3 results and broader market declines. The bank joined other major laggards like Reliance and TCS in dragging down benchmark indices, with the Sensex shedding 672 points and Nifty falling 200 points.
ICICI Bank Ltd, one of India’s leading private sector banks, witnessed a 1.6% decline in share price, closing at ₹1,355.30 on January 21, 2026. The drop follows a wave of selling pressure across the Indian equity markets, triggered by underwhelming Q3 earnings from several blue-chip companies.
The bank’s performance was part of a broader market correction, with the BSE Sensex falling 672 points and the NSE Nifty slipping 200 points, as investors reacted to earnings disappointments and global cues.
Key Highlights
-
Stock Movement: ICICI Bank shares fell ₹20.50, or 1.49%, from the previous close of ₹1,375.80.
-
Market Context: The decline coincided with losses in Reliance (-3.2%), TCS (-1%), and Infosys (-0.7%).
-
Investor Sentiment: Q3 results failed to meet expectations, prompting cautious trading.
-
Sector Impact: Financials and IT stocks led the downturn, reflecting broader concerns over growth and margins.
-
Outlook: Analysts expect near-term volatility but remain optimistic about ICICI Bank’s fundamentals and long-term growth trajectory.
This dip underscores the sensitivity of banking stocks to earnings performance and macroeconomic signals, especially in a high-stakes reporting season.
Sources: The Week, Economic Times, Value Research Online