ICICI Bank

Open: 23.53 Close: 23.33 Change: -0.2

6 things an AI found about ICICI Bank Stock that you should know before investing.

Are looking for the most relevant information about ICICI Bank? Investor spend a lot of time searching for information to make investment decisions in ICICI Bank. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about ICICI Bank are: Bank, FD, ICICI, bank, India, Goldman, Sachs, and the most common words in the summary are: bank, icici, india, stock, icicibank, july, ltd, . One of the sentences in the summary was: Goldman Sachs Group downgraded ICICI Bank from a “conviction-buy” rating to …

Concept Map

Semantic Network

Stock Summary

ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings,.

Today's Summary

Goldman Sachs Group downgraded ICICI Bank from a “conviction-buy” rating to a ‘buy’ rating. The firm has a 50 day moving average of $22.96. The bank has a market capitalization of $81.14 billion.

Today's News

Goldman Sachs Group downgraded ICICI Bank from a “conviction-buy” rating to a ‘buy’ rating. Goldman Sachs downgraded the Goldman Sachs rating to “Buy’s” on Friday, April 7th. The firm has a 50 day moving average of $22.96. HDFC Bank replaces a bruised ICICI Bank to become Indias largest private bank. ICICICI is the largest private sector bank on the basis of consolidated assets. The Reserve Bank of India gave a vote of confidence to HDFC in September. ICICI Bank is one of the two Indian banks that has been selected to facilitate settlement of cross border trade in INR between #Bangladesh and #India. The bank has a market capitalization of $81.14 billion. ICICI Bank offers NRI Fixed Deposits to Non-Resident Indians residing outside India. NRE FD NRO FD Rupee Plus FD FCNR FD FC NRNR FD RFC FD NRIs can earn greater returns in INR while investing in fixed deposits in foreign currencies. ICICI Bank has hiked interest rates for Bulk Fixed Deposits of over Rs 2 crore to less than Rs 5 crore for tenors ranging from 7 days to 10 years. The recent interest rate hikes by the Reserve Bank of India might have taken your EMI burdens. MACD generated a BUY signal for IciciBank in short term and the buy signal is strong. ADX buy sell signal for short term is BUY. Volume Weighted Averaged Price (VWAP) for short-term is 950.68 and ICICIBANK stock is trading above this level.

Stock Profile

"ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits. It also provides home, car, two-wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, including working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and overdraft facilities, as well as loans for new entities, card swipes, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, initial public offerings, and other online investment services; and agri and rural business, farmer finance, tractor loans, and micro banking services, as well as other services to agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India."

Keywords

The game is changing. There is a new strategy to evaluate ICICI Bank fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about ICICI Bank are: Bank, FD, ICICI, bank, India, Goldman, Sachs, and the most common words in the summary are: bank, icici, india, stock, icicibank, july, ltd, . One of the sentences in the summary was: Goldman Sachs Group downgraded ICICI Bank from a “conviction-buy” rating to a ‘buy’ rating. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #bank #icici #india #stock #icicibank #july #ltd.