ICICI Bank Records ₹39.19 Crore Block Trade on NSE at ₹1,412.60 Per Share

ICICI Bank witnessed significant institutional trading activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial market activity for one of India's leading private sector banks.

Block Trade Details

The block trade executed on NSE involved a considerable volume of shares and transaction value. The details of this institutional transaction highlight the scale of trading interest in the banking stock.

Parameter:	Details
Total Transaction Value:	₹39.19 crores
Number of Shares:	277,454 shares
Price Per Share:	₹1,412.60
Exchange:	NSE

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, and foreign institutional investors. These transactions are conducted outside the regular market mechanism to minimize price impact on the stock. The execution of such a substantial block trade indicates significant institutional interest in ICICI Bank shares.

The transaction price of ₹1,412.60 per share reflects the prevailing market conditions at the time of execution. Block trades often serve as indicators of institutional sentiment and can provide insights into large-scale portfolio adjustments by major market participants.

Transaction Overview

The ₹39.19 crore block trade represents a meaningful transaction in ICICI Bank shares. Such institutional transactions are common in large-cap banking stocks, where institutional investors frequently adjust their portfolio allocations based on market conditions and investment strategies.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.17%	+6.35%	+2.53%	-1.05%	+12.94%	+161.15%

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.