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All three indices are up between 4.7% and 5.2% in the last three days, against the 2.25% upmove in the benchmark Nifty 50. The nervous sentiment in the domestic market has eased of late, tracking the improved mood globally, also with selling by foreign investors subsiding.
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The brokerage's shares will trade on domestic bourses for the last time on Friday. As part of the scheme of arrangement, ICICI Bank will issue 67 shares for every 100 equity shares of ICICI Securities held by shareholders.
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Could this be a chance for the worlds fifth-largest economy to shed protectionism and open up further?
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