ICICIdirect.com is a part of ICICI Securities and offers retail trading and investment services. It is the largest retail broker and financial product distributor in the country trusted by over 50 lakh customers with over 2 decades of service. ICICIdirect.com has revolutionised the world of online investing. This online share trading platform offers a trading account for seamless and hassle free electronic trading. It offers more than 50 products and services like Equity, Mutual Funds, Derivatives, Futures and Options Currency, Commodity, ETF, Insurance, IPOs, Corporate Fixed Deposits, Loans, NPS, Wealth Management, Corporate Services, NRI Services, Portfolio Management Services, Global Investment, Financial Learning, Tax Services etc. under one roof. Customers can open a free trading and demat account. The key difference between a Demat and a Trading account is that a Demat account is used to hold your securities such as your share certificates and other documents in electronic format whereas a Trading account is used for buying and selling these securities in the stock market. The combination of Trading, Demat and savings account is known as a 3-in-1 account in the stock market. The documents required to open a demat account Proof of identity, Proof of Address, Proof of income, Pan card, Passport size photo and Power of Attorney. In order to open a trading account, a pan card, photo, a signature that is the same as the one on your PAN card, address proof such as your Aadhar card, passport or a copy of the last three months' bank statement, bank proof like a copy of a cancelled cheque or a copy of your passbook and income proof like six months' bank statements, Income Tax Return statements or three-month salary slip. More
ICICI Direct, US dollar index tumbled to its two weeks low amid a sharp jump in US weekly jobless claims numbers. Jobless claims hit a 19-month high last week and knocked treasury yields lower.
ICICI Direct is bullish on Techno Electric and Engineering recommended buy rating on the stock with a target price of Rs 480 in its research report dated June 02, 2023.
ICICI Direct is bullish on Lemon Tree Hotels recommended buy rating on the stock with a target price of Rs 120 in its research report dated June 02, 2023.
ICICI Direct is bullish on Graphite India recommended buy rating on the stock with a target price of Rs 440 in its research report dated June 06, 2023.
ICICI Direct, The US dollar index remained largely unchanged yesterday as investors stay cautious ahead of next week’s key FOMC meeting.
ICICI Direct, The US dollar index retreated to 104 level after climbing as high as 104.40 on Monday, amid weaker set of economic numbers.
ICICI Direct, The pound wiped its gains on Friday amid strong dollar. The pair lost more than 0.50% on Friday and moved below the 1.2450 mark after testing one week high at 1.2544•
ICICI Direct, The US dollar index fell more than 0.50% on Thursday as weaker set of economic numbers and hawkish comments form Fed officials reinforced the expectation that Fed will take a pause in its rate hike regime.
ICICI Direct, The US dollar index ended the day on a positive note amid a surprise gain in US JOLTS job opening numbers, which jumped to 10.103 million for the first time in the last two months.
ICICI Direct, The US dollar index paused in its rally and steadied near 104.20 as a US debt ceiling deal lifted risk appetite in the world markets and dented the safe haven appeal of the dollar.
The positive recommendation comes on the back of Triveni Engineering's strong financial performance in the fourth quarter of FY23. The company reported robust results, primarily driven by higher sugarcane crushing, an increase in ethanol production capacity, and a greater focus on producing B-heavy ethanol. These factors have contributed to Triveni's improved profitability and growth prospects.
ICICI Direct, The Euro fell to its two month lows on Thursday amid a strong dollar and weaker economic numbers from eurozone.
ICICI Direct, The Euro fell towards the 1.075 mark and slid more that 0.10% on Wednesday amid a strong dollar and weaker global risk sentiments.
ICICI Direct, The Euro fell below the 1.08 mark and slid more that 0.40% on Tuesday amid a strong dollar and weaker economic numbers.
ICICI Direct, The pound remained in a tight range on Monday after its sharp rebound on Friday.
ICICI Direct, The US dollar index retreated from its earlier gains after the US Federal Chair Jerome Powell struck a moderately dovish stance.
ICICI Direct, The US dollar gained more than 0.50% on Thursday as strong economic number further pared back bets on easing by Federal reserve.
ICICI Direct, The US dollar gained 0.24% on Wednesday on optimism about a deal to extend the debt ceiling and avert US default.
ICICI Direct, The Euro failed to hold its gains and closed with a loss of 0.12% on Tuesday amid weaker German ZEW economic sentiments.
ICICI Direct, The US dollar index paused after rallying to its one month peak last week as traders awaited news from Washington on how to address the debt ceiling issue.
ICICI Direct, The Euro pared all its earlier gains and fell more than 0.50% on Friday amid a strong dollar.
ICICI Direct, The Euro fell more than 0.50% on Thursday amid a strong dollar.
ICICI Direct, The US dollar index fell by 0.20% on Wednesday as the US CPI dropped below the expected 5% mark for the first time since June 2021.
ICICI Direct, The US dollar index gained by 0.27% on Tuesday as traders saw no immediate breakthroughs on US debt ceiling talks.
ICICI Direct recommended hold rating on Hindustan Unilever with a target price of Rs 2780 in its research report dated April 28, 2023.