The one banking stock that has kept Nifty losses in check for four sessions

Shares of ICICI Bank Ltd

. are trading with gains for the fourth straight session, having gained another 1.2% on Wednesday, January 7.

The stock has gained 6.5% during this four-day winning streak.

ICICI Bank is the other important heavyweight on the Nifty 50 index and the Nifty Bank index along with HDFC Bank. While HDFC Bank shares have declined for three days in a row and contributed to the three-day losing streak for the index, ICICI Bank has kept the index losses in check with its outperformance and also contributed to the Nifty Bank's outperformance.

Shares of ICICI Bank are also closing in on their record high level of ₹1,500 after this four-day upmove.

In the second half of 2025, shares of ICICI Bank had delivered negative returns in four out of the last five months of the year.

During Wednesday's session, as many as 1.6 crore shares of ICICI Bank have changed hands, which is higher than the 20-day average volume of around 66 lakh shares. Shares worth ₹2,050 crore have changed hands on Wednesday, of which 77% are marked for delivery.

Unlike its other major banking peers, ICICI Bank does not disclose its provisional numbers for the quarter.

Most of the analysts who track ICICI Bank are bullish on its prospects. The stock has no "sell" ratings among the 51 analysts who track it. 48 of those have a "buy" rating, while three have a "hold" recommendation.

Shares of ICICI Bank are trading 1.2% higher at ₹1,428.4. The stock is contributing 35 points to the Nifty recovery.