Brokers say improving asset quality and attractive valuations positive for the stock.
The current account deficit is set to widen and it looks like the surge in oil prices could upset the fiscal balance.
The MSCI will announce the results of its semi-annual index review on May 15, 2018.
Volatility is also expected to inch up in the series due to state elections in Karnataka.
Besides Karnataka elections, rupee movement will also direct market in the May series.
Buying and selling moves of well-known investors are keenly watched by D-Street participants.
In the IT space, FPIs have bought heavily, while mutual funds have mostly been sellers.
Market value attributed to ICICI’s core banking biz is one-time price to book, says Ganapathy.
The oil and gas-to-telecom behemoth had first crossed the $100-billion market-cap mark in October 2007.
January saw strong inflows followed by near equal quantum of outflows in February.
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