ICICI Bank’s share price closed at ₹1,313.35, down 3.39%, continuing a trend of decline over the past week. The stock remains above its 52-week low.
ICICI Bank Share Performance Shows Decline Amid Market Sell-Off
ICICI Bank’s share price closed at ₹1,313.35 on March 9, 2026, reflecting a 3.39% decline from the previous close of ₹1,359.45. This downturn continues a troubling trend for the bank, as its stock has recorded six consecutive days of decline, cumulatively falling 10.08%.
The stock hit an intraday low of ₹1,261.55, marking a 3.94% drop from the previous close. Analysts note that ICICI Bank’s stock is currently trading below all key moving averages, indicating a downtrend phase that investors are closely monitoring.
Despite the recent struggles, ICICI Bank’s longer-term performance remains robust. Over the past year, the bank has delivered a 3.99% return, outperforming the Sensex, which managed a 3.03% gain during the same period. Furthermore, the stock boasts a remarkable 10-year return of 555.19%, significantly higher than the Sensex’s 220.20%.
In the broader market context, the Bank Nifty dropped over 4% amid a sell-off, while the Sensex closed down 2.95% on the same day. This market environment has contributed to the pressure on ICICI Bank’s shares, which have seen a -4.76% return over the past week and a -6.63% return over the past month, compared to the Sensex’s -2.91% and -5.58% respectively.
ICICI Bank’s Mojo Score currently stands at 54.0, with a Mojo Grade of Hold, suggesting that while the stock is facing short-term challenges, it may still hold potential for recovery in the long run. The stock remains just 4.24% above its 52-week low of ₹1,209.8, a critical level that investors will be watching closely.
As the market continues to react to various economic indicators and trends, observers are keenly watching how ICICI Bank will navigate this turbulent period. The bank’s ability to rebound from this recent decline will be crucial for investor confidence moving forward.
Details remain unconfirmed regarding the factors driving this recent downturn, but the ongoing performance of ICICI Bank will likely remain a focal point for investors and analysts alike.
