ICICI Bank rollback fails to lift stock, SEBI flags key support
ICICI Bank cut its steep MAB rule to ₹15,000 in metros, ₹7,500 semi-urban, ₹2,500 rural after backlash. Analysts see premiumisation as a long-term play but flag key levels ₹1,440 for momentum shift, ₹1,470 for rally, ₹1,510 resistance, and ₹1,394 support. Retail sentiment stays bearish despite the stock's 11.4% YTD gain.