Team Blitz India
NEW DELHI: There was a collective surge in market valuation among six of the top-10 most valued companies, amounting to a notable increase of Rs 1,30,734.57 crore. State Bank of India and ICICI Bank emerged as the principal beneficiaries, aligning with an overall optimistic trend in the equity market.
During this period, the BSE benchmark advanced by 641.83 points or 0.87 percent. The market value of SBI soared by Rs Rs 45,158.54 crore to reachRs 7,15,218.40 crore, while ICICI Bank experienced a surge of Rs 28,726.33 crore, reaching Rs,77,750.22 crore.
Bharti Airtel and ITC also observed significant gains, adding Rs 20,747.99 crore and Rs 18,914.35 crore respectively to their market capitalization.
On the other hand, Reliance Industries saw a decline of Rs 26,115.56 crore in its market capitalization, settling at Rs 19,64,079.96 crore.