Stock market analyst Pankaj Jain of Satguru Capital has maintained 'sell' rating on ICICI Bank stock with target of Rs 877.

According to analyst, the investors can sell the stock with stop loss of Rs 896.

Today, the shares of the company opened at Rs 884 the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1009.50 and a low of Rs 621.90 on BSE. Current EPS and P/E ratio of the stock stood at 36.10 & 24.73 respectively.

The stockholders of Bank of Rajasthan have given their nod to the bank's amalgamation with ICICI Bank.

The stockowners forwarded a resolution with mandatory majority under section 44A of the central bank (RBI) Act and will register the EGM resolution with the BSE, the NSE and the banking institution.

The decision comes after a series of strange events on Tuesday, where the EGM, which was called to sanction the merger was first struck down after a Kolkata civil court hold back the administration from holding the EGM.

But, a few stockowners, comprising the former promoter PK Tayal plowed ahead and held the conference headed by a investor named DV Lakhani. And this merger resolution was put to vote.