Among global brokerages, CLSA has a buy call with a target price of Rs 1,040 on ICICI Bank. Jefferies has set a target price of Rs 1,080. Morgan Stanley has an overweight rating with a target of Rs 1,040. These targets suggest an upside potential of up to 35 per cent of Monday’s closing price of Rs 800.90.
From a technical standpoint, Nifty50 remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go