Latest news on ICICI stock as on 10th Oct 2008
ICICI Bank India's biggest private bank, fell as much as 25 percent on Friday as investors concerned by its potential exposure to the global financial crisis dumped its shares. Even though ICICI Bank says overseas exposure small, investors are not in mood to listen, selling is more.

The shares touched a low of 340.10 rupees, their lowest in more than three years, taking 2008 losses to 72 percent.

By 12:36 p.m 10th Oct 2008 (0706 GMT), the shares were trading 24.5 percent lower at 342.30 rupees.

With News of CRR rate cut also, The Sensex opened with a huge negative gap of nearly 700 points at 10,632, and plunged to a low of 10,240 in noon deals. The Sensex recovered from the lows to finally close (provisional) with a loss of 792 points (6.99%) at 10,537.

All the sectoral indices closed with steep losses. The BSE Realty index dropped over 12%. The BSE Capital Goods and Consumer Durables indices were down over 9% each. Market breadth was extremely bearish - out of nearly 2,610 scrips traded, over 2,190 declined.

ICICI Bank was the most active counter with a turnover of over Rs 419 crore followed by Reliance (Rs 322 crore) and Bharti (Rs 281 crore).

gurrrrrrr...going on.. save mama..