Icici Bank Share Price Today: Why ICICIBANK Is Falling 1.19% | 23 October 2026

NSE: ICICIBANK · 23 October 2026

Price
₹1,381.90
Change
-1.19%
High / Low
₹1,404.50 / ₹1,378.50
Prev. Close
₹1,398.50
Volume
97.63 lakh
Price as of
23 October 2026 · 03:00 PM IST
Key Takeaways
  • ICICI Bank Ltd. (ICICIBANK) shares moved lower during the session on October 23, 2026, declining by -1.19% to close at ₹1,381.90 after opening at ₹1,404.50.
  • ICICI Bank submitted its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The standalone net profit for the quarter stood at ₹14,843.03 crore compared to ₹12,358.89 crore in the corresponding quarter of the previous year. Core operating profit grew by 21.8% year-on-year to ₹208.05 billion, while the net NPA ratio improved to 0.30% from 0.39% a year ago.
  • Trading volume was 0.80 times the 20-day average daily volume.

Why is Icici Bank share price falling on 23 October 2026?

ICICI Bank Ltd. (ICICIBANK) shares moved lower during the session on October 23, 2026, declining by -1.19% to close at ₹1,381.90 after opening at ₹1,404.50.

The broader market witnessed downward pressure, with the Nifty benchmark declining by -0.90%. ICICI Bank's pullback of -1.19% aligned with the broader market trend. Over short and intermediate horizons, the stock has shown resilience, registering a -0.54% return over the past 5 trading days and a 3.13% gain over the past 20 trading days.

Company fundamentals remain supported by recent financial disclosures, including the standalone financial results for the quarter ended September 30, 2026, where the bank reported a profit after tax of ₹14,843.03 crore, alongside stable asset quality metrics reflecting a net NPA ratio of 0.30%. However, these earnings disclosures were made on October 17, 2026, and serve as ongoing context rather than a direct confirmation of today's price action.

97.63 lakh shares traded by 23 October 2026 · 03:00 PM IST. This compares with a 20-day average daily volume of 1.22 crore shares (0.80 times). The five-day average daily volume was 1.83 crore shares. Separately, the NSE report for 22 October 2026 showed 82.16 lakh shares delivered, representing 51.00% of that day’s traded volume. The same report recorded 266,526 trades.

Likely Reason
profit-taking following recent strength alongside broader market weakness

The decline of -1.19% reflects modest profit-taking and alignment with broader market weakness represented by the Nifty's -0.90% drop, without any direct same-day operational catalyst.

Latest Company Developments

Standalone and Consolidated Financial Results for Q2 FY2027
17 October 2026

ICICI Bank submitted its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The standalone net profit for the quarter stood at ₹14,843.03 crore compared to ₹12,358.89 crore in the corresponding quarter of the previous year. Core operating profit grew by 21.8% year-on-year to ₹208.05 billion, while the net NPA ratio improved to 0.30% from 0.39% a year ago.

Provides a comprehensive view of the bank's earnings growth, asset quality improvement, and overall operational performance.

Application for Chairperson Tenure Continuation
17 October 2026

The Board of Directors approved filing an application with the Reserve Bank of India (RBI) seeking approval for the continuation of Mr. Pradeep Kumar Sinha as Non-executive Part-time Chairperson of the Bank. The requested extension spans from July 1, 2027, till February 16, 2029, remaining within his approved tenure as an Independent Director.

Ensures leadership continuity at the board level subject to regulatory clearance.

Q2 Earnings Review: ICICI Bank Leads, Eternal Shows Growth Momentum And UltraTech Outlook Improves – Business Today
22 October 2026

Q2 Earnings Review: ICICI Bank Leads, Eternal Shows Growth Momentum And UltraTech Outlook Improves Business Today

Original source →

Earnings / operating update
17 October 2026

ICICI Bank Limited has submitted to the Exchange, the unaudited financial results of the Bank (standalone and consolidated) for the quarter and six months ended September 30, 2026.

Original source →

Ownership & Transaction Activity

Shareholding
As of 30 September 2026
Promoter holding
0.00%
0.00% on 30 June 2026
FII/FPI
50.44%
49.82% on 30 June 2026
Institutional holding
92.22%
92.13% on 30 June 2026

NSE shareholding filing →

Mutual Fund Holdings

Mutual-fund ownership

Mutual funds held 29.39% on 30 September 2026. This compares with 29.60% on 30 June 2026, a change of -0.21 percentage points.

The filing reported 64 MF/UTI holders.

SBI MUTUAL FUND
30 September 2026
44.67 crore shares · 6.22%
ICICI PRUDENTIAL MUTUAL FUND
30 September 2026
31.86 crore shares · 4.44%
HDFC MUTUAL FUND
30 September 2026
25.79 crore shares · 3.59%
These are quarterly holdings, rather than purchases or sales on the article date.

NSE shareholding filing →

Research & Brokerage Views

Motilal Oswal
4 June 2026
RatingBuyTarget price₹1,550.00

ICICI Bank remains a top pick in the banking space, backed by steady credit growth and robust return ratios.

Attributed brokerage opinion; not a WittyTrades recommendation.
Goldman Sachs
21 August 2026
RatingBuy

Recommended buying HDFC Bank and ICICI Bank shares amid sector allocations.

Attributed brokerage opinion; not a WittyTrades recommendation.

Historical Bulk / Block Deals

PI OPPORTUNITIES AIF V LLP
8 October 2026
Buy · 19.22 lakh shares · ₹1,343.00

NSE-reported large-deal disclosure
PIONEER INVESTMENT FUND SCHEME II
8 October 2026
Sell · 19.22 lakh shares · ₹1,343.00

NSE-reported large-deal disclosure
THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828
24 June 2026
Sell · 9.68 lakh shares · ₹1,338.30

NSE-reported large-deal disclosure
THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MUTB400045794
24 June 2026
Buy · 9.68 lakh shares · ₹1,338.30

NSE-reported large-deal disclosure

What to Watch Next

  • Credit growth trajectories and retail loan portfolio expansion metrics in upcoming operational updates.
  • Asset quality trends, specifically gross and net NPA ratios and provisioning levels.
  • RBI response regarding the application for the continuation of the Non-executive Part-time Chairperson.
  • Delivery volume trends relative to the 51.0% delivery percentage recorded in the cash segment.

Other Dated Coverage

More Icici Bank news and dated analysis →

Frequently Asked Questions

What is the latest Icici Bank company news?

ICICI Bank submitted its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The standalone net profit for the quarter stood at ₹14,843.03 crore compared to ₹12,358.89 crore in the corresponding quarter of the previous year. Core operating profit grew by 21.8% year-on-year to ₹208.05 billion, while the net NPA ratio improved to 0.30% from 0.39% a year ago.

How strong was Icici Bank’s trading volume?

97.63 lakh shares traded, 0.80 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 · 03:00 PM IST.

Do the mutual-fund figures show buying today?

They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.

Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst

Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.

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