Market capitalisation of 6 most valued firms surges to ₹1.30 lakh crore; SBI, ICICI Bank leads the pack

State Bank of India and ICICI Bank emerged arsenic the main beneficiaries, aligning with an wide optimistic inclination successful the equity market. 

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During this period, the BSE benchmark precocious by 641.83 points oregon 0.87 percent. The marketplace worth of State Bank of India soared by ₹45,158.54 crore to scope ₹7,15,218.40 crore, portion ICICI Bank experienced a surge of ₹28,726.33 crore, reaching ₹7,77,750.22 crore.

Bharti Airtel and ITC besides observed important gains, adding ₹20,747.99 crore and ₹18,914.35 crore respectively to their marketplace capitalization.

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On the different hand, Reliance Industries saw a diminution of ₹26,115.56 crore successful its marketplace capitalization, settling astatine ₹19,64,079.96 crore. Similarly, HDFC Bank witnessed a dip of ₹16,371.34 crore, reaching ₹11,46,943.59 crore.

Despite fluctuations, Reliance Industries retained its presumption arsenic the astir valued steadfast among the top-10, followed by Tata Consultancy Services, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, ITC, and Hindustan Unilever Limited.

(With inputs from PTI)

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Published: 28 Apr 2024, 12:43 PM IST