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ICICI Bank recovers early losses; adjusts for bonus shares
ICICI Bank suffered early losses on Tuesday before recouping and gaining above 1.5 per cent. Analysts view this as an adjustment of stock prices after bonus shares were issued. The record date for issue of bonus shares is June 21. At 11.51 AM, the shares of ICICI Bank were up by 1.56 per cent in Nifty while the broader index was trading flat.
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