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ICICI Bank trades lower for third straight day; hits over two-month low

The stock was down 2.7% to Rs 305 hit its lowest level since December 12, 2017 on the BSE in intra-day trade

ICICI Bank
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SI Reporter Mumbai
ICICI Bank was trading lower for the third straight day, down 2.7% to Rs 305, an over two-month low on the BSE in intra-day trade on Thursday.

The stock of private sector lender hit its lowest level since December 12, 2017. In past three trading sessions, ICICI Bank was down 6.7% against 0.89% decline in the S&P BSE Sensex.

ICICI Bank on Wednesday after market hours said that the Bank is a part of the working capital lender consortium in the Gitanjali group of companies along with several other banks wherein its exposure is not the largest.