The Relative Strength Index of the stock stood at 37.0 on Monday.

A total of 10,563 shares changed hands on the counter till 10:31AM (IST).

On the technical charts, the 200-day moving average of the stock stood at Rs 514.31.

A total of 12,735 shares changed hands on the counter till 01:13PM (IST)

A total of 10,393 shares changed hands on the counter till 11:49AM (IST).

The stock quoted a 52-week high of Rs 608.65 and a 52-week low of Rs 430.0.

Current valuation at 2x/1.8x for FY23E / FY24E P/EV is attractive.

Motilal Oswal is bullish on ICICI Prudential Life Insurance recommended buy rating on the stock with a target price of Rs 570 in its research report dated January 18, 2023.

Emkay Global Financial is bullish on ICICI Pru Life has recommended buy rating on the stock with a target price of Rs 605 in its research report dated January 18, 2023.

KR Choksey is bullish on ICICI Prudential Life Insurance has recommended buy rating on the stock with a target price of Rs 635 in its research report dated January 19, 2023.

The brokerage values the company at 1.8x FY25E EV to arrive at its target price of Rs 600.

A total of 18,436 shares changed hands on the counter till 01:07PM (IST).

Jefferies maintained its buy rating on IndusInd Bank post the December quarter results with a target price of Rs 1600.

ICICI Prudential Life Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 70055.77 Crore) operating in Financial Services sector.

A total of 65,469 shares changed hands on the counter till 01:32PM (IST)

ICICI Prudential Life Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 69452.02 Crore) operating in Financial Services sector.

On the options front, the weekly maximum Call OI is placed at 18,000 and then towards 18,100 strikes while the maximum Put OI is placed at 17,900 and then towards 17,800 strikes.

ICICI Prudential Life Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 69689.21 Crore) operating in Financial Services sector.

The net premium income for the quarter rose 4.3% on-year to Rs 9,465 crore

A total of 7,090 shares changed hands on the counter till 10:20AM (IST)

The private equity firm sold 1,59,93,734 shares on the BSE at Rs 1,300 apiece, aggregating to Rs 2,079 crore, bulk deals data showed

Dynasty Acquisition (FPI) offloaded a total of 79,96,867 shares in eight transactions, amounting to a 2.14 per cent stake in the company, according to the block deal data available with the BSE.

A total of 36,985 shares changed hands on the counter till 10:05AM (IST)

Options data suggests a shift in a trading range in between 17600 to 18300 zones while an immediate trading range in between 17700 to 18200 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited.

Counter in a gradual up move & close above short-term moving averages hints upward continuation.

The stock traded at a P/E multiple of 77.85, while the price-to-book value ratio stood at 7.87.

In the fiscal year 2022 (FY22), the stock brokerage firm Zerodhas net profit increased 87% to Rs 2,094.3 crore from Rs 1,122.3 crore in FY21, while operating revenue jumped to Rs 4,963.7 crore from Rs 2,728.9 crore in the same period, according to its audited financial statement filed with the Ministry of Corporate Affairs (MCA).

The stock quoted a 52-week high price of Rs 640.0 and low of Rs 430.0.

Promoters held 73.4 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.13 per cent, DIIs 5.08 per cent.

Mukherjea-run Marcellus Investment Managers' two other funds - smallcap Little Champs and multi-cap Consistent Compounder funds - lost 10.55% and 8.8%, respectively, shows data pulled from PMSBazaar.

“It is not like you can buy anything and everything in the universe which is in single or double digit and expect that to be a multibagger. You can fall flat on your face not once, but many times in adventuring into these kind of ideas. But at the same time, there are certain stocks which have the capability of turning out to be a reasonable good investment bet.”

A total of 11,473 shares changed hands on the counter till 10:52AM (IST)

A total of 21,553 shares changed hands on the counter till 02:03PM (IST)

"If you look at the ICICI Prudential Balanced Advantage Fund, in March 2020, when the markets fell a lot, we had reached almost 77% equity level which is on the higher side as far as equity levels are concerned because the markets were very cheap. In the last two years, the markets have rallied significantly and today the fund is around 35% equity level."

"The index is already trading in oversold territory so a pullback cannot be ruled out from the current level. The undertone remains bearish as long as the Nifty stays below 18,200 and BankNifty below the 43,000 mark. Since the markets have already witnessed a sharp correction a pullback rally can be deployed from the current levels."

At this point in time, both Nifty and Bank Nifty are hovering near their recent lows. For Nifty, a fresh round of selling would emerge below 17,775 whereas for Nifty Bank, the support is placed at 41,500.

At this point in time, both Nifty and Bank Nifty are hovering near their recent lows. For Nifty, a fresh round of selling would emerge below 17,775 whereas for Nifty Bank, the support is placed at 41,500.

A total of 34,217 shares changed hands on the counter till 11:23AM (IST).

On the technical charts, the RSI of the stock stood at 57.23.

A total of 43,323 shares changed hands on the counter till 10:26AM (IST)

Top stock picks: The brokerage is bullish on private banks, insurance, select industrials, consumer discretionary, automobiles and telcos. Stocks in its portfolio include Maruti Suzuki, M&M, Sun Pharmaceutical, Fortis Healthcare, Bharti Airtel, HDFC Bank, ICICI Bank, Axis Bank and SBI Life Insurance.

“A multi asset approach at this point of time is very interesting for investors rather than a situation like 2020 second half, where equity was the best asset class and that was not interesting and that led us to look for new fund offers whether it was business cycle, ESG or flexicap at that point of time.”

A total of 9,852 shares changed hands on the counter till 10:10AM (IST)