ICICI Bank Records ₹15.37 Crore Block Trade on NSE at ₹1,400 Per Share

ICICI Bank executed a significant block trade on the National Stock Exchange (NSE), marking substantial institutional trading activity in the banking sector. The transaction represents one of the notable large-volume trades in the financial services space.

Block Trade Details

The block trade involved substantial volume and value, demonstrating significant market participation from institutional investors. Such transactions are typically executed to facilitate large-volume trading without impacting regular market prices.

Parameter:	Details
Total Transaction Value:	₹15.37 crores
Number of Shares:	~109,772 shares
Price Per Share:	₹1,400.00
Exchange:	National Stock Exchange (NSE)

Market Significance

Block trades represent off-market transactions that allow institutional investors to trade large volumes without affecting the stock's regular market price. These transactions are executed through special trading windows provided by exchanges and typically involve mutual funds, insurance companies, foreign institutional investors, or other large market participants.

The execution price of ₹1,400.00 per share reflects the prevailing market conditions at the time of the transaction. The substantial volume of 109,772 shares indicates significant institutional interest in the banking stock.

Transaction Impact

Such block trades are important indicators of institutional sentiment and capital allocation decisions in the banking sector. The transaction size of ₹15.37 crores represents meaningful capital deployment, suggesting confidence in the bank's fundamentals and growth prospects among large investors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.51%	+6.86%	+3.05%	-0.05%	+12.18%	+165.20%

ICICI Bank witnessed substantial institutional trading activity with a major block trade executed on the National Stock Exchange (NSE). The transaction involved a significant volume of shares, highlighting continued investor interest in the private banking sector.

Block Trade Details

The block trade executed on NSE demonstrated considerable market activity for the banking stock. The transaction parameters reflect substantial institutional participation in the equity markets.

Parameter:	Details
Total Value:	₹24.19 crores
Number of Shares:	~178,497 shares
Price Per Share:	₹1,355.00
Exchange:	NSE

Market Significance

Block trades typically indicate institutional investor activity, including mutual funds, insurance companies, or foreign institutional investors. Such transactions are executed outside the regular market to avoid impacting the stock's market price during normal trading hours.

The execution price of ₹1,355.00 per share represents the agreed-upon value between the participating parties for this substantial equity transaction. The volume of approximately 178,497 shares demonstrates the scale of institutional interest in the banking stock.

Transaction Overview

This block trade adds to the overall trading activity in ICICI Bank shares, reflecting the continued participation of large investors in India's banking sector. The transaction value of ₹24.19 crores represents a significant single-day institutional movement in the stock.