(Bloomberg) -- India's Sensitive Index gained the
most in two months. ICICI Bank Ltd. led lenders higher after its
domestic share sale received bids for the entire offering within
20 minutes of the opening.
``All bank shares have gained because of the positive
sentiment generated by ICICI's quick share sale, which shows the
strong demand for banking stocks,'' said Navneet Munot, who
helps manage the equivalent of about $6 billion in assets at
Birla Sun Life Asset Management Co. in Mumbai.
Read more at Bloomberg Stocks News
most in two months. ICICI Bank Ltd. led lenders higher after its
domestic share sale received bids for the entire offering within
20 minutes of the opening.
``All bank shares have gained because of the positive
sentiment generated by ICICI's quick share sale, which shows the
strong demand for banking stocks,'' said Navneet Munot, who
helps manage the equivalent of about $6 billion in assets at
Birla Sun Life Asset Management Co. in Mumbai.
Read more at Bloomberg Stocks News
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