tejasmore1997

ICICI BANK LONG TERM VALUE

Long
BSE:ICICIBANK   ICICI BANK LTD
AS A BROAD APPROACH, BANKING SECTOR SHOULD STAY BULLISH AT THIS POINT TILL NEXT YEAR AS VARIOUS TAXATION BENEFITS WILL PROVIDE MORE CASH FLOW FOR THE BANKS.
BANKS MIGHT HOLD MORE CASH THAN EVER BEFORE AS MORE ACCOUNTS WILL USE IT'S SERVICES TO INCREASE THE OVERALL REVENUE OF THE BANKS.INCREASE IN CASH FLOW WILL INDIRECTLY INCREASE THE VALUE OF THE STOCK AND A BULLISH TREND IS EXPECTED.RBI MIGHT FORCE BANKS TO PULL MORE CASH FROM THE COMMON MASSES AND BANKS WILL SURELY PROMOTE IT'S SERVICE TO DO SO.

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