SBI’s market valuation jumped Rs 39,045.51 crore to Rs 9,62,107.27 crore, becoming the biggest gainer, while Infosys surged Rs 31,014.59 crore to Rs 7,01,889.59 crore.
ICICI Bank, State Bank of India and Infosys were the gainers; Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Bajaj Finance, Hindustan Unilever and Larsen & Toubro faced a combined erosion of Rs 75,549.89 crore from their valuation.
ICICI Bank added Rs 5,795.33 crore, taking its valuation to Rs 10,09,470.28 crore, while HDFC Bank’s valuation eroded by Rs 11,615.35 crore to Rs 14,32,534.91 crore.
The market capitalisation (mcap) of Reliance Industries tumbled Rs 23,952.48 crore to Rs 19,72,493.21 crore while Larsen & Toubro dropped by Rs 23,501.8 crore to Rs 5,30,410.23 crore.
Bharti Airtel tanked Rs 6,443.38 crore to Rs 11,49,544.43 crore.
The mcap of Bajaj Finance declined by Rs 6,253.59 crore to Rs 5,91,447.16 crore, and that of Hindustan Unilever diminished by Rs 3,312.93 crore to Rs 5,54,421.30 crore.
The valuation of TCS dipped by Rs 470.36 crore to Rs 11,60,212.12 crore.
In a rank-wise analysis, Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and Larsen & Toubro.
The stock market on Friday snapped its two-day losing run with Nifty slipping below the 25,700 mark. At close, Sensex was 188 points, or 0.23 per cent, higher at 83,570.35 while Nifty 50 settled at 25,694.35, up 29 points, or 0.11 per cent.