QUICK TAKE: ICICI SECURITIES MAY BREAK ITS RANGE-BOUND TREND

ICICI Securities stock has been range-bound since July, but the trend may improve. Motilal Oswal Securities says, cash volumes may see some slowdown post implementation of 100% margin norms from September. This could be partially offset by a rise in options volumes. Over the medium term, as seen on previous occasions, volumes should recoup.