ICICI Prudential AMC falls as ₹1.2 lakh cr stake unlocks

ICICI Prudential AMC shares fell 2% on Friday after 34.4 crore shares worth nearly ₹1.2 lakh crore became eligible for trading following the expiry of the six-month IPO lock-in period. The stock slipped to ₹513 amid concerns over potential selling pressure. Despite the decline, the shares remain above both their IPO and listing prices.